TechFlow reports, according to Coindesk, a Curve vulnerability in July involving $73 million temporarily caused prices to spiral out of control on DeFi platforms. One trading bot paid 570 ETH to exploit this arbitrage opportunity. The funds were sent to an Ethereum validator seemingly operated by Coinbase, making it an unwitting beneficiary. Alchemix, the victim of the exploit, has contacted Coinbase requesting a refund, but the exchange has not yet responded.
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