Tag: curve

Decentralized finance (DeFi) platforms Curve, Metronome and Alchemix have jointly announced an initiative to recover stolen funds from the recent expl [...]

Curve Founder Still Owes $80M Despite Raising Nearly $30M in Past Two Days

Michael Egorov is under liquidation pressure following the CRV’s recent price drop and Curve exploit. www.coindesk.com [...]

Curve Offers Hackers 10% Bounty in Exchange for Return of Crypto

"You will have no risk of us pursuing this further, no risk of law enforcement issues, etc," Curve, Metronome and Alchemix wrote in an on-chain messag [...]

Tether USDT Sells Off on Curve (CRV) and UniSwap (UNI, Pushing Key Exchange Pools Into Imbalance

The Curve and Uniswap pools are popular venues for traders to swap one stablecoin for another quickly. Most of the time, the tokens are in balance in [...]

Aave Chan founder proposes buying $2M CRV from Curve founder

Amid growing uncertainty around Curve exposure for many decentralized finance protocols, Aave Chan founder Marc Zeller has proposed that Aave Treasury [...]

Huobi’s Jun Du acquires 10 million CRV tokens to support Curve

Jun Du, the co-founder of Huobi, has bought 10 million Curve tokens (CRV) for $4 million from Michael Egorov, the founder of Curve, as he seeks ways t [...]

Curve emergency DAO terminates rewards for hack-related pools

The Curve Finance lending protocol has terminated governance token rewards for select liquidity pools affected by the July 30 Curve exploit and July 6 [...]

DeFi Protocol Abracadabra Wants to Charge 200% Interest on Curve Founder’s $18M Loan

All proceeds from such a strategy will be kept in Abracadabra’s treasury and be used to reduce the DAO risk associated with the liquidity conditions a [...]

Curve Finance’s CRV Gets Plunge Protection on Binance

"Market makers tend to pull orders to avoid getting caught in an unfavorable price swing," Medalie told CoinDesk. "That is why liquidity disappeared o [...]

Abracadabra proposes hiking loan interest rate by 200% to manage Curve risk

Abracadabra Money, a cross-blockchain lending platform, has proposed increasing the interest rate on its outstanding loans to manage risks associated [...]

Curve liquidation risk poses systemic threat to DeFi even as founder scurries to repay loans

On July 30, Curve Finance, a decentralized exchange on Ethereum, suffered a hack due to a vulnerability in certain pools built using the Vyper program [...]

Curve Finance (CRV) Liquidation Threat Spooks DeFi Protocols

Another area of focus for teams has been reinforcing the links that lock DeFi protocols together. Last night, a representative for the stablecoin-focu [...]

Justin Sun Buys CRV to Ease Curve Finance’s Looming Bad Debt Situation

“Our joint efforts will introduce an @stusdt pool on Curve, amplifying user benefits. Together, we aim to empower the community and forge decentralize [...]

Curve Finance founder’s $100M debt could trigger a DeFi implosion: Report

While Curve Finance is still weathering the aftermath of the recent $47 million hack, another issue concerning holders of the decentralized finance (D [...]