Curve Impressively Adds 22% As Founder Sells CRV To Repay Aave Loan

CRV, the governance token of Curve, a decentralized exchange for stablecoins and a key player in the decentralized finance (DeFi) landscape, has impressively recovered, adding 22% after sinking to its August 2023 lows this week. дальше »

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Cardano Founder Blasts US Policies And Crypto Approach After Debt Downgrade

Charles Hoskinson, founder of Cardano and head of Input-Output Global (IOG), took to X, formerly Twitter, to criticize the United States’ economic policies and handling of emerging technologies. 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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Swell - A Voyage Into Liquid Staking

Daniel Dizon is the Founder of Swell, an Ethereum liquid staking protocol, backed by Mark Cuban, Bankless, Framework, Apollo, Maven 11, and more. Daniel is actively involved in the DeFi ecosystem as an early-stage strategic advisor and angel investor. 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’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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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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10M CRV Bought by Huobi Co-Founder Lends Hand to Michael Egorov

Jun Du, co-founder of Huobi, has purchased 10 million CRV from Curves founder Michael Egorov for $4 million. This significant transaction was initially heralded on Twitter by Du himself and... дальше »

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Panic or Strategy? CurveFi's Creator Unleashes Torrential Sell-Off

Founder of CurveFi Michael Egorov has initiated staggering offloading of CRV tokens дальше »

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How Japanese Nightclubs Are Revolutionizing NFT Industry: Founder of marumaruNFT Spills All Secrets

Koichi Hatta, founder of marumaruNFT, discusses the unique fusion of Japanese nightclub tradition and the NFT industry's integration with the metaverse 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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FTX Founder Hits Back At Witness Tampering Claims In Letter To Judge

Former CEO of FTX, Sam Bankman-Fried (SBF), has denied allegations of witness tampering after sharing excerpts from his ex-girlfriend’s private diary with a reporter from the New York Times.  The United States Department of Justice (DOJ) has accused Bankman-Fried of leaking the diary of Caroline Ellison, a former colleague, and CEO of sister trading firm […] дальше »

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Why I Don’t Feel Bad for HEX Founder Richard Heart’s Victims

Maybe the SEC can finally convince Hex and PulseChain devotees that they’ve been cheated. дальше »

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Fractional Ownership Will Open Up the Art Market, Says Freeport CEO

An interview with Freeport CEO and founder, Colin Johnson.

The post Fractional Ownership Will Open Up the Art Market, Says Freeport CEO appeared first on BeInCrypto.

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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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U.S. DOJ Has 'Extremely Thin' Basis for Jailing FTX's Bankman-Fried Ahead of Trial: Defense

Attorneys for Sam Bankman-Fried pushed back against the U.S. Department of Justice's motion to remand the FTX founder in a court filing Tuesday. 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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Cardano Founder Champions Superior Transaction Costs Compared to Ethereum

Cardano's founder Charles Hoskinson has reignited the debate on blockchain cost efficiency, underscoring Cardano's financial advantage over Ethereum in transaction costs дальше »

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Video of Richard Heart publicly disparaging SEC resurfaces as securities fraud case moves forward

An old video clip of HEX founder Richard Heart directly addressing the SEC has resurfaced on social media after the regulator filed suit against him on July 31, alleging fraud and unregistered sales of crypto asset securities. 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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Federal judge dismisses Ripple ruling in Terra case

New York federal judge granted permission to the SEC to proceed with its case against Terraform Labs Pte and its founder, Do Kwon. Judge Rakoff’s decision involved rejecting the differentiation drawn in the Ripple case regarding public and institutional sales… дальше »

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Crucial decision by Judge Rakoff: Terraform Labs case moves forward despite Ripple ruling

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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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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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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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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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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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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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Crypto World In Uproar: Is SBF The Puppet Master Of BALD?

Crypto Twitter has been engulfed by a tantalizing controversy that has the entire community buzzing – the explosive, albeit fleeting, rise and precipitous fall of a new memecoin named BALD, launched on Base, and the unexpected name tied to it – Sam Bankman-Fried (SBF), the founder of FTX. 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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Traders Pile Into CRV Shorts Amid Concerns Over Curve Founder's Collateralized Borrowing

Traders pile into short positions in the perpetual futures market as potential liquidation of founder's crypto borrowing may destabilise the broader decentralized finance ecosystem. дальше »

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First Mover Asia: BTC, ETH Stable While COMP and AAVE in the Red

Curve Founder Michael Egorov's $168M in holdings is under stress, imperiling DeFi as a whole. PLUS: The Litecoin Foundation and crypto cold-storage card manufacturer Ballet HAVE teased a sale of 500 collectable cards – fashioned from 50 grams of fine silver. дальше »

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Is FTX’s Sam Bankman-Fried the Mysterious “Bald Deployer”? A Crypto Twitter Analyst Provides Clues

A widely-followed crypto analyst on Twitter, @hype_eth, has drawn attention to what he believes is a connection between FTX founder Sam Bankman-Fried and a mysterious crypto developer behind the BALD project who did a big rug pull on the newly launched Base mainnet. дальше »

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Curve Founder’s $168M Stash Is Under Stress, Creating a Risk for DeFi as a Whole

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. дальше »

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SEC sues HEX founder Richard Heart for alleged fraud and unregistered securities sales

On July 31, the U. S. Securities and Exchange Commission (SEC) filed suit against Richard Heart, the founder of blockchain projects PulseChain and HEX, for allegedly defrauding investors and selling unregistered crypto securities. дальше »

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As Litecoin Halving Approaches, Founder Touts Silver Collector Cards Loaded With 'Digital Silver'

Litecoin’s third “halving event” – a programmed 50% reduction in the pace of new issuance of the cryptocurrency – is expected on Wednesday. дальше »

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BALD Coin Rug Pull: How A $100 Million Memecoin Became Worthless Overnight

On July 30, a meme coin called BaldBaseBald (BALD) launched on Base Network, Coinbase’s new Layer 2 built on Optimism. The coin referenced Brian Armstrong, Coinbase’s “bald” founder, and quickly became a coordination point for speculators on the frontier chain. дальше »

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SEC Continues Its Regulation By Enforcement Spree, Charges Richard Heart Of Hex With $1 Billion Securities Fraud

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Hex founder charged with offering unregistered securities offering

Richard Heart was charged with allegedly raising over $1B through unregistered securities offerings. The SEC also charged PulseChain, PulseX, and Hex, alongside Richard Heart. In addition, Heart and PulseChain have also been charged for using part of the offering proceeds to buy luxury goods. дальше »

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NFT Now Cuts Jobs in Restructuring Move

Alejandro Navia, President of NFT Now, tweeted that the Web3 publication had “over-hired.” Meanwhile, another founder of NFT Now’s Twitter was hacked over the weekend. дальше »

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SEC sues HEX founder Richard Heart for securities fraud

The price of HEX nosedived on Monday after the US Securities and Exchange Commission (SEC) sued the cryptocurrency’s creator Richard Heart for securities fraud. SEC’s allegations against Heart include fraud The SEC’s lawsuit against Heart, aka Richard J. дальше »

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SEC Continues its Fight, Accuses HEX Founder of $1B Unregistered Securities Violation

The United States Securities and Exchange Commission has lodged a complaint against Richard Schueler, a well-known figure in the crypto community, accusing him of raising more than $1 billion through... дальше »

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Is It A Good Idea To Buy Curve Now? Here’s What This Founder Thinks

In the wake of a massive exploit, the price of the Curve (CRV) token has declined drastically, recording double-digit losses in the last day. This has led to what some would call an opportunity to buy cheap coins and Matrixport and Bitdeer founder Jihan Wu is one of the believers. дальше »

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SEC files complaint against Hex founder for allegedly offering unregistered securities

According to the SEC, Richard Heart allegedly used more than $12 million of investor funds to buy “a 555-carat diamond, expensive watches, and high-end automobiles.” дальше »

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