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Curve DAO (CRV) token has executed a significant deflationary shift. Consequently, the protocol's yearly emissions have been slashed automatically on-chain.
Curve DAO (CRV) token has pulled yet another trick that may ultimately help its much-coveted recovery. As unveiled by the protocol, its annual emissions-slashing event has been automatically activated on-chain in a massive deflationary move.
Curve Finance has a long road to recovery after the $47-million hack. The DeFi protocol managed to kill the confidence of investors and stakes overnight. Most Curve Finance users seek safer homes to park their money in. A platform that has won their trust is Scorpion Casino.
The decentralized finance (DeFi) exchange Curve Finance has revealed its plans to compensate users who were impacted by a recent hack that cost $61 million in losses.
Curve Finance plans to refund users after a $62M hack on July 30. 79% of funds have been recovered, and the TVL has dropped to a 2-year low of $2.83B.
Curve's recent woes have plunged its TVL to its lowest level in two years. CRV's price, however, stabilized in a tight range.
Curve Finance, a decentralized finance (DeFi) platform, is making remarkable progress in its efforts to recover from a recent exploit that resulted in a substantial financial loss of $73.5 million. While the attack initially caused shockwaves within the DeFi community, Curve Finance's swift response, successful fund recovery, and proactive measures to prevent future breaches have showcased its commitment to security and user protection.
AAVE's price began its descent prior to Curve's hack. As the lending protocol gears up to purchase Curve tokens, interest in AAVE wanes further.
Curve Finance said it had recovered 70% of the $62 million stolen from its liquidity pools in a July 30 reentrancy hack. The decentralized finance (DeFi) protocol promised to reimburse users impacted by the incident.
The platform further emphasizes its current priority, which revolves around assessing the proportional portions of each impacted user.
Binance jumped in with a $5 million Curve token investment to help with efforts to minimize the risk of contagion.
Details from the proposal showed that the leading DeFi platform plans to take a strategic step by acquiring CRV tokens using USDT from its treasury.
In a recent turn of events, Curve Finance, a prominent Decentralized Finance (DeFi) stablecoin lending platform, has assured its users of a refund following a significant security breach. The hack, which took place on July 30, resulted in a staggering loss of $62 million from the protocol.
Curve Finance (CRV), a leading decentralized finance (DeFi) protocol, announced significant progress in its recovery efforts following a recent hack that resulted in losing $73.5 million across several projects within its factory pools. The attack on July 30 exploited a critical security flaw known as a “reentrancy vulnerability,” allowing malicious actors to drain funds from Curve's smart contracts.
Curve DAO (CRV) has continued to decline recently. Here's what on-chain data says regarding if a rebound is probable for the coin anytime soon.
Led by Marc Zeller of the Aave Chan Initiative, Aave DAO's community governance process has approved a proposal to strategically acquire CRV tokens using USDT from Aave DAO's treasury.
Binance showed its commitment to the DeFi landscape as its venture capital arm invested a significant chunk of capital into the CRV token.
Based on a recent update, Decentralized Finance (DeFi) stablecoin lending platform Curve Finance has confirmed plans to refund affected users in the recent hack which led to the loss of $62 million from the protocol. According to Curve Finance, investigations are still ongoing but so far about 79% of the funds have been recovered.
The venture capital arm of crypto exchange Binance just announced that it is putting money into the native token of the decentralized finance (DeFi) platform Curve.
Curve Dao (CRV), the governance token of the DeFi protocol Curve Finance, is down 6.5% in the past 24 hours at $0.60 as the negative sentiment around the project continues to swirl. Today's declines come even as the Curve DAO provided an update on last week's exploit.
$5 million infusion from Binance Labs goes beyond mere financial support. It symbolizes a united drive to enhance Curve's security.
Binance Labs, the venture capital and incubation division of Binance, has plunged $5 million into the Curve DAO Token (CRV), cementing its stance in the DeFi realm. Support From Industry Bigwigs The $5 million investment from Binance Labs in the CRV token is part of a strategic deal under which Curve will explore deployment to the BNB Chain.
The community behind Aave has voted in favor of a proposal that seeks to use 2 million USDT from the Aave DAO Treasury to acquire 5 million CRV to support the DeFi ecosystem.
In a bold stride into the rapidly evolving realm of decentralized finance (DeFi), Binance Labs, the venture capital arm of the renowned cryptocurrency exchange Binance, has announced a substantial investment of $5 million in the Ethereum-powered Curve DAO Token (CRV). This strategic move is far more than a financial transaction; it signifies Binance Labs' commitment to building a symbiotic relationship with Curve, thereby playing a significant role in shaping the future of DeFi.
