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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.

In the fast-paced world of decentralized finance (DeFi), the recent developments surrounding Curve Finance have captivated the crypto community's attention. On August 9, Curve Finance once again called upon the exploiters responsible for the CRV/ETH exploit to rectify their actions by returning the siphoned funds.

Here's a funny statistic: According to Rekt's global exploit loss leaderboard, even before a coalition of whitehats and security experts managed to claw back the majority of stolen funds, the Curve hack just barely cracked the top 30 all-time.

Curve, a leading decentralized exchange on Ethereum, was hacked for $70 million in July. Questions continue to linger around the platform's long-term viability and potential contagion risk.

DeFi protocol Curve Finance on Wednesday said CRV/ETH attackers need to return funds to the Curve DAO ownership address. The new development comes after exploiters failed to return funds within the stipulated deadline and Curve Finance extend the bounty to anyone who identify the exploiters for a conviction in the court.

Decentralized Finance (DeFi) stablecoin lending platform Curve Finance has shown evidence it is no longer deterred by the Vyper attacks it suffered a few weeks back. According to an update shared through its official X account, Curve Finance is now canvassing for community votes for its next venture, the stableswap pool.