CRV Factory Bug, Notes.Finance + Curve.fi Going Forward

The Curve team discovered a bug in the CRV.Finance Factory contracts that Notes.Finance use. Funds have not been lost and there is no theft-based exploit but we recommend all users to unstake and withdraw funds from notes.finance now.

Going forward Curve are building a new factory contract that:

1. Prevents the bug found today and

2. Will be further optimised for CoinFLEX’s Note Tokens and their interest payments.

We expect this process to be quick.

We are really glad to be working with the Curve team, they’ve handled this issue extremely professionally and we look forward to our relationship becoming closer over time.

Market Insights May 2022

Crypto market performance The performance of crypto this month has been weak, as BTC pulled back by -28% in the last 30 days of trading, reaching as low as $25.4k USD, at the time of writing. ETH also experienced strong losses up to -36%, and currently trading at $1900 USD…