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Michael Egorov – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 30 Oct 2024 19:39:59 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Michael Egorov – DIGIT INFO https://www.digit.info 32 32 Centralized stablecoins may pose risk to DeFi — Curve Finance founder https://www.digit.info/centralized-stablecoins-may-pose-risk-to-defi-curve-finance-founder/ Wed, 30 Oct 2024 19:39:59 +0000 https://www.digit.info/centralized-stablecoins-may-pose-risk-to-defi-curve-finance-founder/

As centralized US dollar-pegged stablecoins continue to gain popularity, the potential for regulatory capture has grown.

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Curve Finance adopts crvUSD for fee distribution https://www.digit.info/curve-finance-adopts-crvusd-for-fee-distribution/ Fri, 28 Jun 2024 13:23:16 +0000 https://www.digit.info/2024/06/28/curve-finance-adopts-crvusd-for-fee-distribution/

Curve Finance shifts from 3crv to crvUSD for fee distribution, enhancing the stablecoin’s utility and ecosystem integration.

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CRV Price Hits $0.35, Rebounding 41% From Recent Low Post-Founder Crisis https://www.digit.info/crv-price-hits-0-35-rebounding-41-from-recent-low-post-founder-crisis/ Wed, 19 Jun 2024 11:09:22 +0000 https://www.digit.info/2024/06/19/crv-price-hits-0-35-rebounding-41-from-recent-low-post-founder-crisis/ Read more]]> Curve DAO surges off of the lows.Curve DAO’s (CRV) price increased over 10% early Wednesday, hitting $0.35 and marking a 41% increase from its low since a recent liquidation crisis involving its founder. On-chain data revealed significant accumulation of CRV by whales this week, with reports indicating a particular increase in purchasing during the post-liquidation price dip. This resurgence in CRV’s […]

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Curve CEO clears up UwU Lend hack, CRV burn misinformation https://www.digit.info/curve-ceo-clears-up-uwu-lend-hack-crv-burn-misinformation/ Sun, 16 Jun 2024 10:45:41 +0000 https://www.digit.info/2024/06/16/curve-ceo-clears-up-uwu-lend-hack-crv-burn-misinformation/

The Curve CEO clarifies misinformation about the UwU Lend hack and CRV token burn, outlining preventative measures and repayment of bad debt.

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Curve founder repays 93% of $10M bad debt stemming from liquidation https://www.digit.info/curve-founder-repays-93-of-10m-bad-debt-stemming-from-liquidation/ Thu, 13 Jun 2024 18:52:56 +0000 https://www.digit.info/2024/06/13/curve-founder-repays-93-of-10m-bad-debt-stemming-from-liquidation/

The DeFi protocol’s native token plunged by 28% in a single day due to liquidations stemming from a hack attempt.

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Curve Finance soft liquidation works, but CRV plunges 28% https://www.digit.info/curve-finance-soft-liquidation-works-but-crv-plunges-28/ Thu, 13 Jun 2024 08:04:46 +0000 https://www.digit.info/2024/06/13/curve-finance-soft-liquidation-works-but-crv-plunges-28/

Curve Finance’s LLAMMA successfully handled liquidation during a hack attempt, but the CRV token fell by 28%, sparking concerns in the DeFi community.

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Curve founder looks to unexpected counterparties to rescue sinking DeFi loans https://www.digit.info/curve-founder-looks-to-unexpected-counterparties-to-rescue-sinking-defi-loans/ Wed, 02 Aug 2023 04:35:49 +0000 https://www.digit.info/2023/08/02/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.

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