Keep up with what's happening in the crypto world in real-time.
All Filters (1)
The decentralized finance (DeFi) landscape faced a challenging month in August as exchange volume dipped 15.5% to settle at $52.8 billion — led primarily by a decline in some of the most dominant DeFi tokens, according to data from investment manager VanEck. VanEck's report also touched on global interest rates, especially in the U.S.
In a surprising turn of events, the cryptocurrency market was shaken as Curve (CRV), the native token of CurveDAO, plummeted to a three-year low of $0.39 on September 13. This alarming drop has left many in the crypto community speculating about the reasons behind it and, more importantly, the potential risks it poses to the Curve ecosystem.
Curve Finance's enigmatic journey unfolds as CRV tokens migrate to Binance while its price struggles to recover post-hack, leaving investors intrigued and markets guessing.
The token's price has since recovered after the counterparty mysteriously moved its tokens back.
Trading volumes associated with CRV, the governance token of Curve, a decentralized stablecoin exchange (DEX), have plummeted by a staggering 97% in just two months following a devastating hack in
As confidence in decentralized exchange Curve Finance continues to plunge, its CRV token has suffered a decline in its daily trading volume.
Curve (CRV) price dropped to a 3-year low of $0.39 on September 13, as markets reacted to unusual transactions from a wallet address associated with founder Michael Egorov. Reports suggest an inflow of 609,000 CRV into Binance could be connected to Egorov's $100 million debt.
CRV fell below the $0.40 level after tokens bought over the counter from Curve Finance's founder Michael Egorov were transferred to Binance.
The cryptocurrency market witnessed a sharp decline in the price of CRV, the governance token of Curve. CRV's value has dipped below the $0.4 mark, leaving early investors, including those who bought from Michael Egorov at $0.4, with losses.
Trading volumes associated with CRV, the governance token of Curve, a stablecoin decentralized exchange (DEX), is down 97% barely two months after it was hacked in late July 2023. According to Kaiko, CRV's trading volume in centralized exchanges, especially Binance, where the token is actively traded, fell from nearly $300 million in late July to $7 million as of September 12.
A lawsuit filed by three venture capital firms against the CEO of Curve Finance, Michael Egorov, has been rejected by a California judge, citing concerns over the venue. The venture capital firms, ParaFi Capital, Framework Ventures, and 1kx, had accused Egorov of involvement in a scheme to defraud them.
The judge dismissed the lawsuit against Egorov, stating that since the CEO does not live in California, the case should be handled elsewhere.
A judge ruled a California courtroom is the wrong venue since Egorov wasn't living in the state when the alleged misdeeds took place.
Alchemix Finance has thanked an anonymous MEV bot operator for returning $70k of ETH
Curve Finance launched new liquidity pools on Layer 2 platform Base on 30 August. However, with liquidity exit still rampant on the protocol following its recent exploit, its TVL has continued to fall.
In a momentous development led by the Digital Asset Exchange Association (DAXA), cryptocurrency enthusiasts worldwide are poised to witness a significant decision that stands to reshape the landscape of digital asset exchanges. A joint effort spearheaded by DAXA member companies has culminated in a pivotal announcement: Upbit, a prominent player in the digital asset exchange arena, is set to reintroduce deposit and withdrawal services for the Curve (CRV) token.
Upbit has announced its plans to resume Curve Deposits and Withdrawals.
Andrei Grachev, the managing partner of DWF Labs, revealed a significant cryptocurrency transaction.
Curve founder Michael Egorov has successfully passed through an on-chain vote on the Curve governance platform.
As Curve retrieves over 70% of funds lost in its reentrancy attack, user confidence has returned. This has helped drive up activity on the DEX in the last week.
Recent shifts in the U.S. Treasury yield curve may indicate that market optimism around the economy could wane, with some investors looking at Federal Reserve Chair Jerome Powell's speech at an economic symposium on Friday as a potential trigger for a correction or rapid unwind in positions.
Amidst DeFi intrigue, DWF Labs shifts CRV to Binance, sparking speculations. OTC deals, market manipulation fears, and token's rollercoaster journey weave a captivating narrative.
Top DeFi lenders allowed a crypto CEO to take a risky bet, raising key questions about how they manage risk.
Recent developments in the decentralized finance (DeFi) landscape reveal a significant shift in the liquidation dynamics of CRV on Aave V2.
