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Latest News

Keep up with what's happening in the crypto world in real-time.

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cover-imageBenzinga
August 1, 2023

Curve Finance Stability Under Threat Due To $100M Debt Load, Loan Backed By Tokens

Crypto research firm Delphi Digital raised concerns about the potential for a DeFi implosion triggered by the $100 million debt of Curve Finance (CRYPTO: CRV) founder, Michael Egorov. In a series of tweets, the research firm stated that Egorov has a massive loan backed by approximately 427.5 million CRV tokens, which is about 47% of the entire circulating supply of CRV.

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cover-imageThe Currency Analytics
August 1, 2023

Founder of Curve Finance Faces Liquidation on $100 Million CRV Loan, Potentially Impacting DeFi Market

The cryptocurrency world is no stranger to surprises and challenges, and the latest developments involving Michael Egorov, the founder of Curve Finance, have sent shockwaves through the DeFi market. As the potential liquidation of his $100 million CRV loan looms large, traders and investors are bracing for potential bearish implications.

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