CRV exposure risk throws a curveball at the DeFi ecosystem: Finance Redefined
Most DeFi tokens traded in the red on weekly charts due to the chaos caused by the Curve Finance exploit. Go to Source Powered by WPeMatico
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Curve, Metronome and Alchemix offering 10% bug bounty on Vyper hack
The exploit on July 30 resulted in the theft of roughly $70 million in cryptocurrencies, bringing the bounty close to $7 million. Go to Source Powered by WPeMatico
Curve’s crvUSD depegs as market reacts to shock events
The decentralized stablecoin is facing its first stress test since it was released in May, putting its PegKeeper algorithm to work. Go to Source Powered by WPeMatico
Aave Chan founder proposes buying $2M CRV from Curve founder
The proposal drew mixed reactions from the community where some criticized the strategy for buying more CRV even as others are looking to shed exposure. Go to Source Powered by WPeMatico
Huobi’s Jun Du acquires 10 million CRV tokens to support Curve
Du said the existing challenges were transitory and that he believes the industry would benefit from collective support. Go to Source Powered by WPeMatico
Curve founder looks to unexpected counterparties to rescue sinking DeFi loans
Michael Egorov is attempting to pay off his mountain of DeFi debts by selling CRV at a discount. Go to Source Powered by WPeMatico
Curve liquidation risk poses systemic threat to DeFi even as founder scurries to repay loans
A Curve Finance hack sparked a sharp sell-off, and while DeFi traders stepped in to support CRV, the possibility of a contagion-level event remains. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
Cex price feed prevents Curve price from collapsing amid $100M vulnerability
A vulnerability in the Vyper programming language widely used by DeFi protocols like Curve Finance led to exploit of multiple Curve liquidity pools on Sunday. Go to Source Powered by WPeMatico
Ethical hacker retrieves $5.4M for Curve Finance amid exploit.
Twitter accounts impersonating Curve Finance have also started to promote a fake refund scheme further targeting victims of the hack. Go to Source Powered by WPeMatico
