Curve founder’s $6.3 million funding request under fire for lacking clarity

Curve DAO members have raised concerns over a recent proposal by Curve Finance founder Michael Egorov, who has requested 21 million CRV tokens, valued at approximately $6. 3 million, to support ongoing development efforts.

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Tradecurve Sells Another 20M Tokens as Curve Finance and BNB See Drops

This week, Curve Finance suffered a 20% drop due to an exploit, and BNB has faced a Smart Chain Vyper attack. Amidst these negative developments, Tradecurve stands apart after successfully selling another 20 million tokens during its ongoing presale phase.

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CRV Price Recovers From 6-Month Lows, What’s Driving The Price?

Curve Finance’s native token CRV has recovered from a 6-month low, and many believe that the news of Huobi co-founder Jun Du buying CRV tokens has contributed to it.   Jun Du bought 10 million tokens valued at $4 million from Micheal Egorov, founder of Curve.

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Curve’s founder sells 7.5 million CRV, settles $3 million debt on Aave

Michael Egorov, the founder of Curve, has sold an additional 7.5 million CRV in an over-the-counter (OTC) transaction and paid a $3 million debt in USDT on Aave

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Huobi co-founder buys 10 million Curve DAO tokens from Curve founder

The Curve founder had taken a $100 million DeFi stablecoin loan using his own CRV stash as collateral. Curve Finance was recently hacked causing the CRV token to depreciate significantly. The Huobi co-founder has locked up the tokens as veCRV.

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Abracadabra Protocol To Counter CRV Risk With 200% Interest Rate Hike

DeFi lending protocol, Abracadabra Money, is currently debating a proposal to boost the interest rate in its CRV lending markets as it looks to mitigate its exposure to the DeFi token.   In the last few days, CRV  has seen its value decline significantly due to the recent Curve Finance exploit on Sunday, which resulted in a total loss of over $60 million.

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Michael Egorov’s $100 Million Position, A Risk To Curve Finance And DeFi?

Following the recent exploit of Curve Finance pools, there have been genuine concerns about the stability of the decentralized exchange and the Decentralized Finance (DeFi) ecosystem. A new report has emerged, raising questions about Curve founder Michael Egorov’s $100 million loan positions.

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Liquidation Concerns Subside As Justin Sun, Others Rush To Alleviate Curve Finance’s Possible Bad Debt Fiasco

Curve Finance founder Michael Egorov has bought himself some breathing space after some backers, including Tron founder Justin Sun, stepped in to help after the decentralized protocol suffered a $47 million hack over the weekend.

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Curve Finance faces uncertain future as hack spreads FUD

CRV saw increased liquidity on centralized exchanges as the hack sparked FUD. The debt position of Curve's CEO, worth over $168 million, has sparked worries across DeFi. Curve Finance [CRV] The post Curve Finance faces uncertain future as hack spreads FUD appeared first on AMBCrypto.

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Is Justin Sun Taking Over Curve Finance Following $70 Million Hack?

Justin Sun steps in to buy CRV after Curve Finance hack.

The post Is Justin Sun Taking Over Curve Finance Following $70 Million Hack? appeared first on BeInCrypto.

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Tron (TRX) Founder Justin Sun Just Purchased 5 Million CRV on OTC

Here's who is buying Curve Finance (CRV) tokens amid dramatic collapse of blue-chip DeFi

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Massive 8.75 Million CRV Acquisition by Machi Big Brother, DWF Labs, and Cream.Finance – Will it Catapult the Price?

Curve Finance, a titan in the stablecoin swapping space, has been the recipient of considerable institutional investment. Several entities have been acquiring $CRV via over-the-counter (OTC) transactions.

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Curve Finance and Owner’s $100M Debt: Catastrophe or Slight Inconvenience?

Curve Finance founder Michael Egorov is facing a complex financial situation as he grapples with roughly $100 million in debt backed by 47% of the circulating supply of Curve DAO...

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Buying The Dip: Tron Founder Justin Sun Buys 5 Million CRV In OTC Deal

The Curve (CRV) token has been in free fall ever since the Sunday re-entrancy exploit that saw tens of millions of dollars stolen from the protocol. However, while most have shied away from the altcoin, expecting it to fall further, the likes of Tron founder Justin Sun seem to have taken its current downtrend as […]

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

Curve Finance founder Michael Egorov has a total of $100 million in debt backed by over 400 million CRV tokens.

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Curve Founder Deploys New Liquidity Pool to Address FRAX Debt Situation

Egorov has created a new liquidity pool on Curve for FraxLend's CRV/FRAX market, called crvUSD/fFRAX. Analysts said it is an attempt to incentivise liquidity to FraxLend's pool from where Erogov has taken loan of 15.8 million FRAX.

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Just When Curve Finance Didn’t Need More Drama, Justin Sun Steps In

Justin Sun Purchases 5M CRV from Michael Egorov Amidst High Debt APY and Market Unrest In recent developments, Michael Egorov, the founder of Curve Finance, reportedly sold 5 million Curve (CRV) tokens to Justin Sun, the infamous blockchain entrepreneur and the founder of Tron, at an average price of $0.

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Curve Founder’s $100M CRV Loan Faces Liquidation in Potential DeFi Black Swan  

Curve Finance founder Michael Egorov's $100 million loan, taken out with his own CRV token, faces potential liquidation as the token's value falls, threatening a cascade effect across the DeFi ecosystem.

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A Hacker Steals $5,000,000 from Curve, but MEV Bot Saves The Day – Here’s How

In a recent incident that has left the crypto community both surprised and relieved, a hacker’s attempt to steal a significant amount of 2800 Ether (ETH), equivalent to $5. 5 million, from the decentralized finance protocol, Curve, was thwarted.

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After the Curve Attack: What's Next for DeFi?

The $70 million weekend exploit of major platforms, including Curve, come at a time when developers are discussing changes to the prevailing AMM liquidity model.

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Arbitrum (ARB) at Risk: Assessing the Fallout from Curve Finance Hack

Following a $50 million hack at the weekend, Curve Finance team has warned of a potential exploit on an ARB tricrypto liquidity pool. How will Arbitrum investors react? The post Arbitrum (ARB) at Risk: Assessing the Fallout from Curve Finance Hack appeared first on BeInCrypto.

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Crypto Hacks and Exploits Cost Traders $303M in July; Worst Month of 2023

Some $52 million of assets were siphoned from Curve Finance just this weekend.

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CEXs Saving DeFI? Chainlink Rescues Curve Finance Amid $100 Million Vyper Vulnerability

Curve Finance, a significant player in the decentralized finance (DeFi) protocol, was threatened with near-collapse due to a critical vulnerability in the Vyper programming language. This exploit risked nearly $100...

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DeFi Ecosystem Suffers Fallout From $50M Curve Finance Exploit

Curve Finance, a decentralized finance platform, was exploited for over $50 million in a reentrancy attack, impacting several protocols and causing a $2. 3 billion drop in total value locked across the DeFi ecosystem.

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First Mover Asia: Bitcoin Climbs Back to $29.4K; Crypto's Correlation With Tech May Return

An exploit of stablecoin exchange Curve Sunday could jeopardize more than $100 million in cryptocurrency. PLUS: What's behind Russia's mining boom?

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Curve Finance Exploit Puts $100M+ Worth of Crypto at Risk; CRV Token Tumbles

Curve, a stablecoin exchange at the heart of decentralized finance (DeFi) on Ethereum, has been the victim of an exploit according to a tweet from the project. Upwards of $100 million worth of cryptocurrency are at risk due to a “re-entrancy” bug in Vyper, a programming language used to power parts of the Curve system.

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Curve Finance Drained of $50M While CRV Token Sinks 12% in Latest DeFi Exploit

Curve, a stablecoin exchange at the heart of decentralized finance (DeFi) on Ethereum, has been the victim of an exploit with more than $100 million worth of cryptocurrency at risk due to a “re-entrancy” bug in Vyper, a programming language used to power parts of the Curve system.

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DeFi Disaster: How Hackers Pilfer $3.26 Million From A Major Protocol

Conic Finance, a major player in the DeFi industry, has faced a setback following an exploit that targeted the ETH Omnipool within the Curve Finance ecosystem. DeFi has been praised for its potential to distribute power among communities, but recent exploits have raised concerns about scalability.

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Curve Finance Founder Deposits $24M CRV into Aave to Safeguard $65M Stablecoin Loan

Curve Finance founder Michael Egorov has deposited $24 million worth of Curve DAO (CRV) tokens to decentralized lending platform Aave to mitigate against liquidation risk on a $65 million stablecoin loan.

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$22 million of Curve Finance stablecoin crvUSD minted since launch

DeFi protocol Curve Finance has launched its native algorithmic USD-pegged stablecoin on the Ethereum mainnet. Curve Finance is one of the largest DeFi protocols, with around $4.4 billion in TVThe post $22 million of Curve Finance stablecoin crvUSD minted since launch appeared first on AMBCrypto.

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Curve Finance’s stablecoin grows 0.25% after $22m minted

Curve Finance’s newly launched algorithmic stablecoin, crvUSD, saw a 0. 25% price increase in the last 24 hours, with the DeFi protocol minting more than $22 million worth of the dollar-pegged token.

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First Mover Asia: Bitcoin Hits 3-Week Low, Lingers Near $21.7K Amid Ongoing Inflation Concerns

ALSO: Shaurya Malwa writes about Conic Finance, whose new tool for capturing high yields from stablecoin swapping service Curve has attracted over $60 million from depositors since its unveiling March 1.

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Massive staked Ethereum withdrawals by whales allow arbitrageurs to profit

Lido (LDO) staked Ethereum (stETH) traded at a discount to Ethereum (ETH) on Curve after a whale removed 84,131 ETH ($101 million) from the protocol, allowing arbitrageurs to profit from the situation.

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Whale Pulls $101 Million in ETH Liquidity From Curve Finance as stETH Depegs

A whale drained 84,131.76 ETH from Curve Finance, causing stETH to depeg to 0.9671 ETH as stakers prepare for a withdrawal testnet. The post Whale Pulls $101 Million in ETH Liquidity From Curve Finance as stETH Depegs appeared first on BeInCrypto.

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Mango Exploiter's Funds Get Liquidated After Roiling Aave Using $20M of Borrowed Curve Tokens

A trader identified as Avraham Eisenberg, who became infamous for his “very profitable trading strategy” of exploiting $114 million from Mango Markets, borrowed tens of millions of Curve DAO tokens and sent them to an exchange – but his position appears to have gotten liquidated.

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More Than 500 Million New Consumers Might Buy Crypto by 2030: Report

Cryptocurrency market is still not at top of adoption curve as 500 million more consumers to appear by 2030

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Crypto Community Reacts To Justin Sun’s UST Buy

Justin Sun declared his intentions to buy UST, shortly after the launch of decentralized USD (USDD). From reports, he made a purchase of 1 million UST via the exchange platform, Curve. His actions have met mixed reactions from members of the crypto community.

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285 Million UST Sold by Single Wallet on Curve and Binance Triggers Huge Outflows

LUNA supporters, however, believe that this might be a "deliberate and coordinated attack"

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Curve Finance Integrates With Near’s Aurora Network

NEAR’s DeFi hub, Proximity Labs, will allocate up to $7.5 million in grants to Curve.

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Ex-BitMEX CEO explains how Bitcoin will have hit $1 million by 2030

The European Union “is finished,” Arthur Hayes says, while yield curve control will put the U.S. in a “doom loop.”

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Yet Another Ethereum-based DeFi Protocol Suffers $180 Million Exploit

The attacker reportedly flashloaned 350M $Dai, 500M $USDC, 150M $USDT, 32M $Bean, 11.6M $LUSD 2 from three dexes before adding the amounts to Curve.fi with BEAN for the governance voting.

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MetaMask records over $200 million YTD in revenues, surpasses SushiSwap, Curve

Exciting as the world of DeFi and smart contracts may be, its complexities can often prove to be obtrusive in the mass adoption of the decentralized web. Although, the growth of the ecosystem has resuThe post MetaMask records over $200 million YTD in revenues, surpasses SushiSwap, Curve appeared first on AMBCrypto.

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Curve liquidity providers see $3M windfall from $11M Yearn Finance exploit

A hacker has made off with $2.8 million after draining $11 million from Yearn Finance’s V1 DAI vault.

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Curve Finance to Distribute Almost $3 Million in Fees

Following the outcome of a community poll, DEX platform Curve Finance is set to distribute $2,631,601 in fees to its governance token holders. In May 2020, Curve revealed that it would decentralise its platform.

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Uniswap, Curve Daily Trading Volumes Surges Past $2B, Likely Driven by Harvest Attack

Daily trading volume on Uniswap surged by over 1,200% to a record $2.04 billion, surpassing the previous record high of $953.59 million registered on Sept. 1 by a big margin.

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These 2 DeFi Forks Take a Harsh Beating As The Originals Reclaim Their Dominance

Up until the mid of last week, Curve clone Swerve was enjoying a record $942 million in deposits, or total value locked (TVL), as per Debank. But today, the protocol has just $69 million of funds left in it, suffering a loss of 92.

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Swerve Amasses $600 Million in Deposits; Over 60% of Curve within a Week of Launch

Swerve Finance, an unaudited fork of DEX Curve Finance, has amassed more than $600 million in deposits or the total value locked (TVL) in the protocol. In under a week, this decentralized finance protocol has gotten about 60% of Curve’s deposits, which currently stands at just under $1 billion.

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Oops: a “rookie” Ethereum DeFi user just burned $1 million in USDT

Late last week, leading Ethereum decentralized finance protocol Curve was forked into a new protocol focused on the community after a number of controversies. The post Oops: a “rookie” Ethereum DeFi user just burned $1 million in USDT appeared first on CryptoSlate.

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Curve Finance Fork, Swerve, Attracts “Degen” Traders with up to 493% APY

While Swerve has attracted over $400 million in liquidity, the community has already pointed out several major concerns with the platform

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