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news-imageDecember 24, 2023

Nearly $50,000,000 To Be Handed Out to Victims of Curve Finance Exploit After Vote

Decentralized finance (DeFi) protocol Curve Finance (CRV) says it will compensate users who sustained losses as a result of a massive security breach earlier this year. In late July, a vulnerability with the programming language Vyper 0.2.15 enabled hackers to exploit several liquidity pools on the platform, leading to losses of around $70 million.
Publisher: The Daily Hodl
Sentiment: Positive
CRV

More News Articles

Negative
cover-imageCryptonews
November 7, 2024

Fake Curve Finance App Returns to App Store

A fraudulent app impersonating Curve Finance has resurfaced on the Apple App Store, misleading users and causing massive financial losses despite previous removals, highlighting ongoing issues with app store security in the crypto space. The post Fake Curve Finance App Returns to App Store appeared first on Cryptonews.

Negative
cover-imageCrypto Economy
September 26, 2024

Curve Finance Seeks to Limit TUSD and PYUSD in crvUSD's Collateral Portfolio

TL;DR Proposal to Remove TUSD: Curve Finance is considering removing TrueUSD (TUSD) from crvUSD's collateral due to regulatory issues and concerns about TUSD's stability. Limiting PYUSD: The proposal also suggests reducing the minting capacity of crvUSD with PayPal's PYUSD from $15 million to $5 million to diversify and secure the collateral portfolio.

Positive
cover-imageCrypto Economy
September 17, 2024

TON Foundation and Curve Join Forces to Launch New Stablecoin Swap

TL;DR The TON Foundation and Curve Finance have announced a collaboration to develop an innovative stablecoin swap project.. The project aims to reduce slippage and volatility in stablecoin swaps, improving liquidity and efficiency. The collaboration responds to the growing demand for stablecoins on TON and aims to offer a more efficient trading experience.

Negative
cover-imageCryptopolitan
August 23, 2024

DWF Labs dumps 12.5M Curve Dao token at 17% loss

DWF labs offloaded all of its over-the-counter bought Curve DAO Token (CRV) to Binance, booking a loss of 17.5%. The crypto trading firm acquired the CRV tokens it liquidated from Curve's founder, Michael Egorov, at around $0.40 during last year's liquidation fiasco.

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