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.
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Aug 1, 2023 at 6:33 p.m. UTC
Aug 1, 2023
Curve
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Justin Sun Buys 5M CRV Tokens to Help Ease Crisis at Curve Finance
Blockchain data shows that Tron founder Justin Sun purchased about 5 million CRV tokens at an average price of $0.4, helping to protect Curve Finance against a possible bad de...
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Aug 1, 2023 at 5:32 p.m. UTC
Aug 1, 2023
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Curve Founder Deploys New Liquidity Pool to Address FRAX Debt Situation
Analysts said it is an attempt to incentivize liquidity to FraxLend's pool from where Egorov has taken a loan of 15.8 million FRAX.
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Aug 1, 2023 at 9:53 a.m. UTC
Aug 1, 2023
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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 ecos...
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Aug 1, 2023 at 5:52 a.m. UTC
Aug 1, 2023
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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 HA...
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Aug 1, 2023 at 1:06 a.m. UTC
Aug 1, 2023
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Bitcoin Falls 1.2% as Curve Chaos Sparks Systemic Crisis Fears in DeFi
CRV has bounced 20% since Justin Sun organized some relief for the token, but remains 23% lower this week.
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Jul 31, 2023 at 10:06 p.m. UTC
Jul 31, 2023
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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 alre...
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Jul 31, 2023 at 9:44 p.m. UTC
Jul 31, 2023
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Coinbase CEO Brian Armstrong Fires Back at the SEC; Bitcoin's 'Big Ken Energy'
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as Coinbase continues its war of words with the Securities and Exchange Commission. Curve...
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Jul 31, 2023 at 7:37 p.m. UTC
Jul 31, 2023
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Curve Debacle Triggers Transaction Frenzy, Sending Ethereum ‘MEV’ Rewards to Record High
On July 30, over 6,000 ETH ($11M worth) in so-called Maximal Extractable Value rewards were paid out to Ethereum validators, the most ever for a single day.
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Jul 31, 2023 at 5:43 p.m. UTC
Jul 31, 2023
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After the Curve Attack: What's Next for DeFi?
The $70 million weekend exploit of major platforms, including Curve, come at a time when developers are discussing changes to the prevailing AMM liquidity model.
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Jul 31, 2023 at 5:29 p.m. UTC
Jul 31, 2023