.CurveFinance printed mild surge as attempt to return to normalcy intensifies
to crypto analytics service provider Lookonchain, is the sale of a total of 72 million CRV tokens to 15 institutions or investors through OTC at a price of $0.4.For these sales, Egorov received the sum of $28.8 million to repay some of the debts he took on since the Curve protocol was exploited. At this time, he currently has 374.18 million CRV in collateral and a total of $79 million in debt on five platforms.
The realization of what might befall the protocol based on this concentration risk is fueling concerns that CRV is technically not out of the woods.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Crypto Market Unnerved by DeFi Exchange Curve’s Sinking CRV TokenA tumble in the native token of key decentralized cryptocurrency exchange Curve Finance sapped sentiment toward digital assets on concern that the episode could trigger cascading liquidations of positions throughout the embryonic sector.
Baca lebih lajut »
Justin Sun, DWF Labs, DCF God and Others Buys CRV Token From Curve Founder | CoinMarketCapCryptoNews: The founder of CurveFinance, Michael Egorov, received assistance from a number of DeFi figures when his DeFi loan positions were at risk following an attack on decentralized exchange Curve. 🧐
Baca lebih lajut »
Huobi’s Jun Du acquires 10 million CRV tokens to support CurveHuobi co-founder Jun Du purchased 10 million CRV tokens for $4 million from Curve’s founder, Michael Egorov, as he seeks to reduce his loan exposure.
Baca lebih lajut »
Aave Chan founder proposes buying $2M CRV from Curve founderMichael Egorov, the Curve founder, has total outstanding loans of over $100 million from various lending protocols. Out of this $70 million loan in USDT is on Aave v2, using CRV as collateral.
Baca lebih lajut »
Curve emergency DAO terminates rewards for hack-related poolsBoth Curve and Multichain were exploited in July, but some related pools had still been paying out governance token rewards.
Baca lebih lajut »
Huobi co-founder Jun Du buys 10 million CRV from Michael EgorovHuobi co-founder Jun Du purchased 10 million curve tokens (CRV) for $4 million from Curve founder Michael Egorov.
Baca lebih lajut »