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MakerDAO Co-Founder Sees Upside After Curve Finance Exploit Triggers DeFi Worries

Rune Christensen, co-founder of MakerDAO, believes that the recent exploit of Curve Finance may actually have a positive outcome for the decentralized finance industry. He compared it to the Black Thursday crash and suggested that it may be the last crash before a bull market. The exploit resulted in $24 million being drained from several stablecoin pools due to a vulnerability in Vyper contracts. Other blockchain leaders, such as Aave founder Stani Kulechov, also commented on the incident, acknowledging the difficulty of building resilient DeFi protocols.

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