2 / 3 Relevant items tagged with #Curve

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Curve Impressively Adds 22% As Founder Sells CRV To Repay Aave Loan

[Aug 3, 2023 8:00 PM] CRV, the governance token of Curve, a decentralized exchange for stablecoins and a key player in the decentralized finance (DeFi) landscape, has impressively recovered, adding 22% after sinking to its August 2023 lows this week. When writing on…

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

[Aug 3, 2023 3:00 PM] 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…

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

[Aug 3, 2023 1:45 PM] "We will pursue you from all angles with the full extent of the law," said Curve, Metronome and Alchemix.

Curve emergency DAO terminates rewards for hack-related pools

[Aug 2, 2023 3:19 PM] The Curve emergency DAO removed CRV rewards for alETH, msETH, pETH, crvCRVETH, Arbitrum Tricrypto and multiBTC pools.

Aave price takes double-digit hit, but strong fundamentals point to eventual recovery

[Aug 2, 2023 2:37 PM] The Aave price may have been impacted by this week’s Curve Finance scandal, but a robust insurance fund and steady fee revenue could protect against further downside.

CRV Gets Plunge Protection on Binance as Market Makers Add Bid-Side Liquidity

[Aug 2, 2023 7:07 AM] Market makers stepped in to arrest CRV's slide that threatened liquidation of a large CRV-collateralized crypto borrowing and market-wide contagion.

Aave Should Block Curve Token Borrowing, Risk Management Firm Proposes

[Aug 2, 2023 2:29 AM] An ongoing crisis situation stemming from a large curve token collateral can be prevented by pausing all borrowing activity, Gauntlet argued in a Wednesday protocol.

First Mover Asia: Asia Stocks Open Soft, Bitcoin Jumps Past $30K on MicroStrategy Filing and Despite Fitch Treasury Downgrade

[Aug 1, 2023 8:07 PM] PLUS: Bitcoin dominance sagged in July, absent a compelling BTC catalyst, and as altcoins seemed to benefit from a partial Ripple court victory.

Bitcoin Bounds Past $29.9K on MicroStrategy BTC Purchasing Plans; ADA, SOL Turn Green

[Aug 1, 2023 4:12 PM] CRV was up more than 5% after Tron blockchain founder Justin Sun purchased more than $2 million of the token. ETH, SOL remained in slightly negative territory despite climbing in recent hours.

DeFi Died and We Didn’t Even Notice

[Aug 1, 2023 12:33 PM] The behavior of Curve founder Michael Egorov is warning to all, and proof that DeFi isn’t really that different from traditional finance.

Curve Founder Deploys New Liquidity Pool to Address FRAX Debt Situation

[Aug 1, 2023 3:53 AM] 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.

Ethereum DeFi Coins Plunge As Curve Concerns Threaten Major Market Crash

[Aug 1, 2023 1:45 AM] The Ethereum DeFi space is currently experiencing a rough few hours. All major DeFi coins are posting deep red numbers in the last 24 hours: Compound (-18%), Aave (-10%), Curve (-10%), Frax (-6%), and Synthetix (-6%). The reason? Curve Finance, a…

Curve's CRV Token Hits 8-Month Lows as Open Interest Jumps to $100M

[Jul 31, 2023 11:52 PM] Traders pile into short positions in the perpetual futures market as potential liquidation of founder's crypto borrowing may destabilise the broader decentralized finance ecosystem.

First Mover Asia: BTC, ETH Stable While COMP and AAVE in the Red

[Jul 31, 2023 7:06 PM] Curve Founder Michael Egorov's $168M in holdings is under stress, imperiling DeFi as a whole. PLUS: The Litecoin Foundation and crypto cold-storage card manufacturer Ballet HAVE teased a sale of 500 collectable cards – fashioned from 50 grams of…

Bitcoin Lingers Near $29.2K, as Investors Mull Latest Industry Woes; CRV Sinks 12.5%

[Jul 31, 2023 4:06 PM]

Curve Founder’s $168M Stash Is Under Stress, Creating a Risk for DeFi as a Whole

[Jul 31, 2023 3:44 PM] Curve CEO Michael Egorov pledged 34% of CRV’s total market cap to back loans across DeFi protocols. A forced liquidation would result in selling at a time when prices are already falling.

Curve Debacle Triggers Transaction Frenzy, Sending Ethereum ‘MEV’ Rewards to Record High

[Jul 31, 2023 11:43 AM] On July 30, over 6,000 ETH ($11M worth) in so-called Maximal Extractable Value rewards were paid out to Ethereum validators, the most ever for a single day.

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

[Jul 31, 2023 11:29 AM] 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.

Curve Finance's Token Surges 500% on Bithumb After Major Exploit

[Jul 31, 2023 3:25 AM] The CRV/KRW pair listed on South Korea's Bithumb exchange has decoupled from the CRV/USD pairs listed on Western exchanges that exhibit price weakness.

Upbit Halts CRV Withdrawal and Deposit After Curve Finance Exploit

[Jul 31, 2023 1:56 AM] Other exchanges say they are monitoring the situation closely but have not taken any action.

BNB Smart Chain hit with copycat Vyper attack, $73K exploited

[Jul 30, 2023 8:08 PM] While Ethereum-based protocols have been hit with the majority of the exploit activity, BNB Smart Chain has also seen similar copycat exploits, according to BlockSec.

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

[Jul 30, 2023 2:25 PM] 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…

Stablecoin protocol Reserve invests $20M in Convex, Curve and Stake DAO

[Jun 20, 2023 10:00 AM] The Reserve team said the investment could allow for new features such as collateralized loans and wallet products.

Curve (CRV) Observes 7% Bounce As Short Squeeze Occurs

[Jun 16, 2023 9:30 AM] Curve DAO token (CRV) has observed a 7% bounce during the last 24 hours as mass liquidations of short traders have occurred in the market. Curve Funding Rates Turned Extremely Negative Following Price Decline According to data from the on-chain…

Tether (USDT) De-Pegs As Crypto Market Stumbles, More Downside Coming?

[Jun 15, 2023 3:15 AM] The Bitcoin and crypto markets are deep in the red today. Even though the US Federal Reserve announced the hoped-for interest rate pause yesterday, the release of the updated dot plot was a nasty surprise for the financial markets. The Fed revealed…

Aave proposal to freeze alleged Curve founder's loans draws controversy

[Jun 14, 2023 4:15 PM] The proposal suggests that a cap should be imposed on the use of CRV as collateral, preventing this wallet address from adding more loans.

DeFi Protocol Curve Finance Now Lets Users Mint crvUSD for Staked Ether

[Jun 8, 2023 6:05 AM] The governance proposal for the crvUSD minting was passed early on Thursday.

SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%

[Jun 6, 2023 7:38 PM] Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the past two days.

DeFi Protocol Curve Finance Deploys Native Stablecoin on Ethereum Mainnet

[May 3, 2023 2:59 PM] The deployment marks a major milestone for the public release of Curve’s highly anticipated native stablecoin.

Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March

[Apr 2, 2023 10:00 AM] The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido…