While the wider world of cryptocurrency is in recovery, Michael Egorov, the founder of Curve Finance, has picked up where he left off earlier this year and resumed a pattern of large token sales—notably, sales of his own $CRV tokens. His most recent sale, of about 236,457 $CRV tokens, valued at approximately $108,000, barely scratches the surface of the large amounts he’s been offloading on a seemingly regular basis. During this sale and especially during a series of earlier ones, Egorov has been selling right at or near local price peaks, which is a great look if you’re a fan
The post Curve Finance’s Michael Egorov Resumes $CRV Selloff as Smart Money Flocks to Ethereum appeared first on The Merkle News.
]]>Curve Finance founder Michael Egorov (@newmichwill) has made a significant move, purchasing 1.08 million CRV tokens worth $1.2 million at an average price of $1.114 in the past three hours. This marks his first notable CRV buyback since the liquidation event on June 13, drawing attention to the potential resurgence of CRV’s price momentum. https://twitter.com/spotonchain/status/1868837898570940920?t=K5jO_cQu0mUFU56LXQgkZA&s=19 The purchase comes at a pivotal moment, as CRV’s price has faced a recent decline of approximately 7.8% over the last 24 hours. However, Egorov’s buyback signals renewed confidence in the token and could serve as a catalyst for reversing the downward trend. Adding to
The post CRV Price Rally Anticipated As Curve Finance Founder Executes $1.2 Million Buyback appeared first on The Merkle News.
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Token holders can mint deUSD against BUIDL, BlackRock’s onchain money fund, and swap on Curve, a popular DEX.
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The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to back Curve’s stablecoin.
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SOL recently rallied to $152 but will a decline in Solana’s network TVL negatively impact the altcoin’s price?
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The attack occurred around 3 am UTC on Aug. 1, leading Convergence’s native token CVG to plummet over 99%.
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Bitwala, a blockchain banking service based in Berlin, has entered into a partnership with Curve, a digital wallet provider. The partnership is aimed at integrating Bitwala’s services with Curve’s digital wallet. Users can add Bitwala to their Curve Wallet and avail a 1% cashback offer on their purchases for 30 days. The Curve card can […]
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Uniswap developer AzFlin has admitted to creating the FRENS token but has argued what he did doesn’t constitute a rug pull.
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Twenty-seven percent of the funds stolen in the July 30 exploit have yet to be returned.
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A frontrunning miner extractable value (MEV) bot that had drained approximately $11 million worth Ether from the Curve protocol returned nearly all of it.
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