DeFi
Curve Founder Sells ~$40M in CRV Tokens Amid Liquidation Risk
Curve Finance founder Michael Egorov sold more than $39 million in CRV tokens.
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
What started as an up to $70 million smart contract exploit across Curve’s liquidity pools, introduced systemic risk to the wider DeFi ecosystem.
Curve Finance founder Michael Egorov sold more than $39 million in CRV tokens.
Curve Finance's governance token crashed over 12.6% after its liquidity pools got exploited for aprox. $70 million.
USDT defies all rumors and survives extreme market conditions.
On-chain data indicates that some traders might be shorting USDT, expecting its reserves to not hold up against the bear market.