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On August 11, the Aave community passed an on-chain vote for the "aCRV over-the-counter transaction" proposal, with 57.81% of the votes in favor.

The Aave community has started voting on three crucial proposals that could help significantly reduce the protocol's exposure to Curve Finance's CRV token. Two out of the three proposals in question opened for voting on the 10th of August.

The injection of $5 million from Binance Labs transcends a simple financial transaction; it represents a collaborative effort focused on strengthening Curve's security infrastructure and aiding the protocol in recovering its stability.

The strategy of the crypto-exchange's venture capital firm aims to both support DeFi's Curve protocol and bring the CRV stableswap distribution to the BNB Chain.

Binance Labs, the venture arm of the largest cryptocurrency exchange in the world, has committed to investing $5 million in the Curve DAO Token (CRV).

Binance Labs said on Aug. 10 that it has invested $5 million in Curve DAO Token (CRV) in an attempt to bolster the DeFi platform following an attack.

In a strategic move to bolster the decentralized finance (DeFi) sector, Binance Labs, the venture capital and incubation arm of Binance, has committed a substantial $5 million investment in Curve DAO Token (CRV). The Ethereum-based CRV token is the backbone of the Curve ecosystem, which has established itself as the largest stable swap and second-largest decentralized exchange (DEX).

Binance Labs has committed to invest $5 million in the Curve DAO Token (CRV). It is the same token that is a factor behind the Curve decentralized exchange (DEX) on the Ethereum blockchain.

Curve Finance's stETH pool dwindles as liquidity drains, raising queries about Ethereum's staking dynamics. Amidst outflows, the platform navigates challenges while ETH flow remains steady.

The Aave community is currently taking active measures to mitigate its protocol's exposure to the Curve DAO token (CRV), with two distinct proposals up for voting as of August 10th.

Aave token holders are voting on three proposals that could reshape the protocol's exposure to Curve DAO token.

Binance Labs, the investment and incubation subsidiary of Binance (CRYPTO: BNB), has announced a $5 million investment in Curve DAO Token (CRYPTO: CRV), the utility token that powers the Curve ecosystem. Curve has a total value locked (TVL) of approximately $2.4 billion and a daily trading volume of $215 million.

Twenty-seven percent of the funds stolen in the July 30 exploit have yet to be returned.

The proposals, which aim to disable CRV borrowing and decrease Aave's exposure to Curve's native token on its Ethereum V2 markets, are responses to the liquidation pressure faced by Curved founder Michael Egorov.

Binance Labs announced that it will invest $5 million in Curve's DAO token CRV. Curve will also explore deployment to BNB chain as part of the announcement.

Binance Labs, the venture capital division of the world's largest cryptocurrency exchange regarding trading volume, has recently pledged a substantial investment of $5 million into the Curve DAO Token (CRV). As part of this joint effort, Curve is actively considering extending its presence onto Binance's BNB Chain, as conveyed in Binance's official blog post.

Curve DAO token (CRV) will deploy on BNB Chain as part of the deal with Binance Labs, the company's incubation and venture capital arm. The $5 million investment follows brief concerns about the DeFi stableswap exchange after exploiters drained over $70 million from CRV and ETH pools.

Could this $5M investment in CRV lead to a potential deployment of Curve Finance on the BNB Chain?

In a strategic move reflecting confidence in decentralized finance (DeFi), Binance Labs, the venture capital arm of Binance, has invested $5 million in Curve DAO Token (CRV).

The decentralized exchange, which suffered a $70 million hack last month, will also consider deploying to the BNB Chain.

Binance Labs announced that it committed a $5M investment in Curve DAO Token (CRV). As part of the collaboration, Curve will explore deployment to BNB Chain.

Curve Finance has recouped roughly 73% of funds stolen during a hack, which saw the platform lose over $73 million worth of various tokens, according to blockchain security company Peck Shield. Nansen analyst Sandra Leow discusses her take about the early August exploit and the implications for the wider DeFi ecosystem.

The exploiter responsible for draining $61 million assets held on decentralized exchange Curve Finance has returned some of the stolen crypto after engaging in talks with one of the victims on Friday, blockchain data shows. "The Hash" panel discusses what this means for the future of DeFi as anxious investors yanked out assets as a precaution.

In a tumultuous week for the Ethereum blockchain, a remarkable spike in illicit flows emerged, coinciding with a major exploit involving Curve Finance, a prominent decentralized finance (DeFi) protocol. This incident marked Ethereum's most significant period of illicit activity for the year.