Curve Finance Fights Back With Warning And Unrefusable Offer To Hacker

Curve Finance (CRV) has issued a statement on Etherscan, addressing the hackers responsible for the recent exploit that resulted in the loss of over $60 million from the protocol.   In the statement, Curve, Metronome & Alchemix have invited the hackers to discuss a potential bounty, offering a 10% reward for any stolen funds, which they can keep if they return the remaining 90%. дальше »

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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. дальше »

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Tradecurve Sells Another 20M Tokens as Curve Finance and BNB See Drops

This week, Curve Finance suffered a 20% drop due to an exploit, and BNB has faced a Smart Chain Vyper attack. Amidst these negative developments, Tradecurve stands apart after successfully selling another 20 million tokens during its ongoing presale phase. дальше »

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Aave Chan Initiative Proposes To Buy $2 Million CRV From Curve Founder

Founder of delegate platform Aave Chan Initiative (ACI), Marc Zeller, has proposed that the Aave Treasury purchases $2 million worth of CRV tokens from Curve founder Michael Egorov.  This proposal comes days after Curve Finance suffered an exploit causing a CRV price decline that has endangered Micheal’s Egorov’s loan positions on various lending protocols. According […] дальше »

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

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 of Curve. дальше »

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Curve Founder Still Owes $80M Despite Raising Nearly $30M in Past Two Days

Michael Egorov is under liquidation pressure following the CRV’s recent price drop and Curve exploit. дальше »

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Curve Founder Raises $42.4M to Pay Off $80M On-Chain Debt

Michael Egorov is under liquidation pressure following the CRV’s recent price drop and Curve exploit. дальше »

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

"We will pursue you from all angles with the full extent of the law," said Curve, Metronome and Alchemix. дальше »

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Traders Ditch USDT on Curve, Uniswap, Pushing Key Exchange Pools Into Imbalance

Similar imbalances happened when Terra imploded in May 2022 and after the Silicon Valley Bank crisis hit USDC issuer Circle in March. дальше »

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Curve’s founder sells 7.5 million CRV, settles $3 million debt on Aave

Michael Egorov, the founder of Curve, has sold an additional 7.5 million CRV in an over-the-counter (OTC) transaction and paid a $3 million debt in USDT on Aave дальше »

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Curve’s crvUSD Stablecoin Recovers After Brief Depegging

Curve Finances crvUSD, its decentralized stablecoin, experienced a temporary dip in value, falling by as much as 0.35% from its peg to the U.S. dollar. The brief depegging comes after... дальше »

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Curve DAO (CRV) up 7%, Is Curve Out of the Woods?

Curve DAO recorded slight recovery after weeklong onslaught post-hack дальше »

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Huobi co-founder buys 10 million Curve DAO tokens from Curve founder

The Curve founder had taken a $100 million DeFi stablecoin loan using his own CRV stash as collateral. Curve Finance was recently hacked causing the CRV token to depreciate significantly. The Huobi co-founder has locked up the tokens as veCRV. дальше »

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Is Curve Out of the Woods? Founder’s Massive OTC CRV Sale Says a Lot

The Curve protocol recently faced two significant challenges: a bug crisis and a CRV liquidity crisis. Journalist Wu Blockchain released a blog on whether the crisis is over. The bug crisis originated from a vulnerability in certain versions of the Vyper language, which led to the failure of reentrancy protection and subsequent theft of funds […] The post Is Curve Out of the Woods? Founder’s Massive OTC CRV Sale Says a Lot appeared first on CaptainAltcoin. дальше »

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Four Factors That Impact Yen-Dollar Exchange Rate

The Bank of Japan's decision to ease its yield curve controls filter through the currency and bond markets. дальше »

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Curve emergency DAO terminates rewards for hack-related pools

The Curve emergency DAO removed CRV rewards for alETH, msETH, pETH, crvCRVETH, Arbitrum Tricrypto and multiBTC pools.

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

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. дальше »

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Abracadabra Protocol To Counter CRV Risk With 200% Interest Rate Hike

DeFi lending protocol, Abracadabra Money, is currently debating a proposal to boost the interest rate in its CRV lending markets as it looks to mitigate its exposure to the DeFi token.   In the last few days, CRV  has seen its value decline significantly due to the recent Curve Finance exploit on Sunday, which resulted in a total loss of over $60 million. дальше »

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How to Mitigate CRV Risk? Abracadabra Proposes 200% Interest Rate Hike

In a move to manage its exposure to risks associated with Curve DAO (CRV), Abracadabra Money, a cross-chain lending platform, has proposed hiking the interest rate on its outstanding loans... дальше »

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DeFi Protocol Abracadabra Wants to Charge 200% Interest on Curve Founder’s $18M Loan

All proceeds from such a strategy will be kept in Abracadabra’s treasury and be used to reduce the DAO risk associated with the liquidity conditions associated with CRV. дальше »

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Появился подозреваемый во взломе Curve Finance

Криптодетектив ZachXBT нашел подозреваемого во взломе одной из крупнейших децентрализованных бирж (DEX) Curve Finance. Hello @MichaelRazum the JPEG’d team wishes to chat with you as your address is tied on-chain to the recent Curve Pool exploit. дальше »

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Curve breach: Fear of liquidation stirs further FUD

The prospect of Curve Finance's CEO getting liquidated stirred FUD. CRV's OTC transactions to major cryptocurrency players helped curb fears of liquidation. The recent breach of Curve FinancThe post Curve breach: Fear of liquidation stirs further FUD appeared first on AMBCrypto. дальше »

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Abracadabra proposes hiking loan interest rate by 200% to manage Curve risk

The Curve Finance exploit has created a liquidity crisis in the DeFi ecosystem, with several lending protocols rushing to minimize their exposure. дальше »

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Aave Should Block Curve Token Borrowing, Risk Management Firm Proposes

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. дальше »

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Curve DAO (CRV) Price Recovery Post-Exploit: What Would Be A Realistic Scenario?

Curve DAO (CRV) has established itself as a prominent DeFi platform, renowned for providing ample liquidity, particularly for stablecoins. However, an unfortunate security breach occurred over the weekend, causing a significant decrease in both the total funds entrusted to Curve and the value of its native token, CRV, which serves as a means of transaction within the protocol. дальше »

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Crypto Investors Joining the Winning Team, Selling Exchange Tokens like BNB And Doubling Down on QUBE

Trends and sentiments shift rapidly in the dynamic crypto landscape, meaning enthusiasts need to always stay ahead of the curve to make profits. A recent shift in sentiment is the sale of Binance Coin (BNB) amidst uncertainty around it as investors reevaluate their portfolios and strategies. дальше »

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Total value locked across DeFi protocols down more than $3B since Curve Finance attack

In the last three days, the DeFi sector has seen an 8% decline in the total value of locked assets (TVL), falling to $40. 31 billion, as per DeFiLlama data. As of July 30, DeFi projects TVL stood at $43. дальше »

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Michael Egorov’s $100 Million Position, A Risk To Curve Finance And DeFi?

Following the recent exploit of Curve Finance pools, there have been genuine concerns about the stability of the decentralized exchange and the Decentralized Finance (DeFi) ecosystem. A new report has emerged, raising questions about Curve founder Michael Egorov’s $100 million loan positions. дальше »

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Liquidation Concerns Subside As Justin Sun, Others Rush To Alleviate Curve Finance’s Possible Bad Debt Fiasco

Curve Finance founder Michael Egorov has bought himself some breathing space after some backers, including Tron founder Justin Sun, stepped in to help after the decentralized protocol suffered a $47 million hack over the weekend. дальше »

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Curve Finance faces uncertain future as hack spreads FUD

CRV saw increased liquidity on centralized exchanges as the hack sparked FUD. The debt position of Curve's CEO, worth over $168 million, has sparked worries across DeFi. Curve Finance [CRV] The post Curve Finance faces uncertain future as hack spreads FUD appeared first on AMBCrypto. дальше »

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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. дальше »

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DeFi Died and We Didn’t Even Notice

The behavior of Curve founder Michael Egorov is warning to all, and proof that DeFi isn’t really that different from traditional finance. дальше »

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Justin Sun, other crypto investors buy CRV token in attempt to help Curve Finance

Following a recent exploit on the decentralized exchange, Curve Finance founder Michael Egorov managed to find an answer to his loan dilemma. Thanks to support from a group of backers, including Justin Sun, the principal value of Egorov’s loan on… дальше »

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Джастин Сан закупился токенами CRV на $2,9 млн

Принадлежащий сооснователю Tron Джастину Сану кошелек вывел 2 млн USDT из сети Aave и перевел их главе DeFi-протокола Curve Finance Михаилу Егорову взамен на 5 млн CRV (~$2,9 млн по курсу на момент написания). дальше »

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Spooked by Curve Liquidation Threat, DeFi Protocols Shore Up Defenses

They're responding to the potential systemic risk posed by Michael Egorov's teetering financial position. дальше »

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Tron partners with turbulent Curve Finance to launch stUSDT pool amid market chaos

The founder of Tron, Justin Sun, has established a strategic partnership with the decentralized finance protocol Curve Finance. This partnership will introduce a stUSDT pool on Curve, marking a significant milestone for both parties. дальше »

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Ethereum (ETH) Might Be Biggest Victim of Curve Attack, Here's How

Curve exploit has seen concerning slump in total value locked on Ethereum дальше »

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СoinМarketСap: Капитализация рынка криптоактивов упала на фоне негативных новостей

Биткоин и эфир торгуются ниже уровня поддержки на фоне опасений рынка по поводу взлома Curve Finance и вероятного падения ликвидности платформы AAVE. дальше »

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Is Justin Sun Taking Over Curve Finance Following $70 Million Hack?

Justin Sun steps in to buy CRV after Curve Finance hack.

The post Is Justin Sun Taking Over Curve Finance Following $70 Million Hack? appeared first on BeInCrypto.

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Risk of Black Swan Event Could End DeFi? A Look into CRV Liquidity Crisis

Concerns are being raised over the lack of liquidity to sell a substantial amount of Curve DAO Token (CRV), creating the risk of what some experts are referring to as... дальше »

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Tron (TRX) Founder Justin Sun Just Purchased 5 Million CRV on OTC

Here's who is buying Curve Finance (CRV) tokens amid dramatic collapse of blue-chip DeFi дальше »

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Massive 8.75 Million CRV Acquisition by Machi Big Brother, DWF Labs, and Cream.Finance – Will it Catapult the Price?

Curve Finance, a titan in the stablecoin swapping space, has been the recipient of considerable institutional investment. Several entities have been acquiring $CRV via over-the-counter (OTC) transactions. дальше »

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Curve Finance and Owner’s $100M Debt: Catastrophe or Slight Inconvenience?

Curve Finance founder Michael Egorov is facing a complex financial situation as he grapples with roughly $100 million in debt backed by 47% of the circulating supply of Curve DAO... дальше »

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100-миллионный долг основателя Curve Finance может спровоцировать обвал DeFi

Долг основателя Curve Finance Михаила Егорова, обеспеченный 400 миллионами токенов CRV, составляет в общей сложности 100 миллионов долларов. В то время как Curve Finance все еще переживает последствия недавнего взлома на 47 миллионов долларов, всплыла еще одна проблема, непосредственно касающаяся держателей CRV. дальше »

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Buying The Dip: Tron Founder Justin Sun Buys 5 Million CRV In OTC Deal

The Curve (CRV) token has been in free fall ever since the Sunday re-entrancy exploit that saw tens of millions of dollars stolen from the protocol. However, while most have shied away from the altcoin, expecting it to fall further, the likes of Tron founder Justin Sun seem to have taken its current downtrend as […] дальше »

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Crisis at DeFi Giant Curve Eases After Justin Sun and Others Step In With Help

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. дальше »

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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.

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Curve Founder Deploys New Liquidity Pool to Address FRAX Debt Situation

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. дальше »

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Just When Curve Finance Didn’t Need More Drama, Justin Sun Steps In

Justin Sun Purchases 5M CRV from Michael Egorov Amidst High Debt APY and Market Unrest In recent developments, Michael Egorov, the founder of Curve Finance, reportedly sold 5 million Curve (CRV) tokens to Justin Sun, the infamous blockchain entrepreneur and the founder of Tron, at an average price of $0. дальше »

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Curve Founder’s $100M CRV Loan Faces Liquidation in Potential DeFi Black Swan  

Curve Finance founder Michael Egorov's $100 million loan, taken out with his own CRV token, faces potential liquidation as the token's value falls, threatening a cascade effect across the DeFi ecosystem. дальше »

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