Curve’s crvUSD depegs as market reacts to shock events
The decentralized stablecoin is facing its first stress test since it was released in May, putting its PegKeeper algorithm to work.
Auto Added by WPeMatico
The decentralized stablecoin is facing its first stress test since it was released in May, putting its PegKeeper algorithm to work.
The proposal drew mixed reactions from the community where some criticized the strategy for buying more CRV even as others are looking to shed exposure.
The Curve emergency DAO removed CRV rewards for alETH, msETH, pETH, crvCRVETH, Arbitrum Tricrypto, and multiBTC pools.
Michael Egorov is attempting to pay off his mountain of DeFi debts by selling CRV at a discount.
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.
Justin Sun, the founder of the Tron blockchain, has purchased five million Curve tokens (CRV) from an address labeled “Curve.fi Founder” in an attempt to help with the decentralized exchange…
Curve Finance founder Michael Egorov has a total of $100 million in debt backed by over 400 million CRV tokens.
CRV – the native token of the DeFi exchange Curve Finance – has plunged over 12% following the recent exploit on several stable pools of the project. However, the token’s…
A vulnerability in the Vyper programming language widely used by DeFi protocols like Curve Finance led to exploit of multiple Curve liquidity pools on Sunday.
Twitter accounts impersonating Curve Finance have also started to promote a fake refund scheme, further targeting victims of the hack.