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CRV exposure risk throws a curveball at the DeFi ecosystem: Finance Redefined

The $47 million Curve Finance exploit on July 30 had a domino effect on the DeFi ecosystem, mainly due to the $100 million loan taken out by the Curve founder against the platform’s native Curve DAO (CRV) token. Several lending protocols have rushed in with new governance proposals to minimize CRV exposure risks as the token price fluctuates. On Aug. 3, the native stablecoin of the ecosystem crvUSD depegged due to market conditions.

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Source: Cryptocurrency - investing.com

Curve-Vyper exploit: The whole story so far

Astra conducts layoffs, raises debt and shifts focus to spacecraft engines in bid to survive