Spooked by Curve Liquidation Threat, DeFi Protocols Shore Up Defenses
[Aug 1, 2023 10:05 AM] They're responding to the potential systemic risk posed by Michael Egorov's teetering financial position.
3 / 3 Relevant items tagged with #CurveFinance
Posts: 84
Posts
Crisis at DeFi Giant Curve Eases After Justin Sun and Others Step In With Help
[Aug 1, 2023 4:55 AM] Sun said a liquidity pool that utilizes tether stablecoins issued on the Tron network would “amplify user benefits,” pointing to saving a potentially bad loan.
Curve Finance founder’s $100M debt could trigger a DeFi implosion: Report
[Aug 1, 2023 4:00 AM] Curve Finance founder Michael Egorov has a total of $100 million in debt backed by over 400 million CRV tokens.
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.
Crypto Hacks and Exploits Cost Traders $303M in July; Worst Month of 2023
[Jul 31, 2023 7:44 AM] Some $52 million of assets were siphoned from Curve Finance just this weekend.
CEX price feed prevents Curve price from collapsing amid $100M vulnerability
[Jul 31, 2023 5:07 AM] A vulnerability in the Vyper programming language widely used by DeFi protocols like Curve Finance led to the exploit of multiple Curve liquidity pools on Sunday, July 30.
Ethical hacker retrieves $5.4M for Curve Finance amid exploit
[Jul 31, 2023 4:30 AM] Twitter accounts impersonating Curve Finance have also started to promote a fake refund scheme, further targeting victims of the hack.
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.
Bitcoin Teases $29.5K, Ether Drops as 'Accumulator Season' Begins
[Jul 31, 2023 12:11 AM] BTC hovered comfortably over $29,300 for much of the weekend but dropped in the hours after Curve Finance tweeted that it had suffered an exploit.
Ethereum logs $1M MEV block reward amid Curve Finance exploit
[Jul 30, 2023 11:59 PM] The highest recently generated block reward was 584 ETH, created by a MEV bot front-running transactions during the DeFi chaos.
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…
Breaking: Curve Finance pools exploited in over $24M due to reentrancy vulnerability
[Jul 30, 2023 12:04 PM] Several stable pools on Curve Finance using Vyper were exploited on July 30. Vyper versions 0.2.15, 0.2.16 and 0.3.0 are vulnerable to malfunctioning reentrancy locks.
Curve omnipool platform Conic Finance hacked for $3.2 million in ETH
[Jul 21, 2023 6:22 AM] According to initial analysis by Peckshield, the root cause for Conic Finance’s hack was the new CurveLPOracleV2 contract.
Curve pool imbalance triggers USDT depeg concerns, Tether CTO calls it FUD
[Jun 15, 2023 3:40 AM] The stablecoin pool ideally has a weightage of 33.3% of each USDT, USDC and DAI, however, on June 15, the USDT weightage rose above 70% in the pool.
Curve Finance Founder Deposits $24M CRV into Aave to Safeguard $65M Stablecoin Loan
[Jun 12, 2023 3:52 AM] 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.
Curve Finance CEO Egorov Sued by 3 DeFi-Focused Venture Capital Firms
[Jun 9, 2023 8:39 AM] Michael Egorov, the CEO of decentralized finance (DeFi) firm Curve Finance, is being sued for fraud by venture capital firms ParaFi Capital, Framework Ventures and 1kx in the U.S.
$22M of Curve Finance algo stablecoin minted since mainnet launch
[May 3, 2023 9:58 PM] Decentralized finance protocol CurveDAO has successfully launched its algorithmic stablecoin crvUSD on the Ethereum network.
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.
Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin
[Mar 30, 2023 5:13 PM] USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner.
Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment
[Mar 6, 2023 12:45 PM] The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model.
CRV Daily Volume Peaks To Over $1 Billion In Past 24 Hours
[Feb 15, 2023 6:54 AM] Curve Finance and the adoption of its native token CRV have seen some resistance in the past couple of months. Nevertheless, CRV daily volume is seen to have peaked above the $1 billion mark in the past 24 hours, equating to an increase of as much…
Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’
Curve Finance Sheds 31% Of Value In Last 30 Days – Are Things Really Bad For CRV?
[Nov 21, 2022 5:52 AM] The price of Curve Finance’s native token, CRV, has been falling precipitously in recent weeks as the bears have pounced. The present bear market has been relentless in its assault on traders and investors. As the FTX crisis continues to…