Curve Finance accuses PancakeSwap of having reused a sensitive part of its architecture without respecting the required license. Behind this accusation, it is not just a conflict of egos between two big names in DeFi. The issue touches on code ownership, user security, and how crypto protocols reuse technical building blocks that have become quasi-standards.
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Last Friday, Curve set a deadline for hacker DeFi to return all the stolen money: Sunday August 6 at 8 a.m. UTC. Once this deadline has passed, the team will take drastic measures to hand him over to the appropriate authorities. If the latest news is to be believed, the pirate has returned part of the jackpot. And in the process, he has dared to mock the crypto community by saying that he is "smarter" to evade possible hunts.
Late yesterday evening, Curve Finance suffered a re-entry attack. Provisional reports of the hack indicated a loss of some $26 million. Except that it was a long night for the Curve team, and so was the list of break-ins. According to the latest news, the total amount of money stolen is in the region of $52 million.