DeFi Protocol Aave Clears Bad CRV Token Debt from Exploit Attempt
The maneuver comes ahead of the activation of a major tech upgrade of the protocol called Aave v3. Source
Read MoreThe maneuver comes ahead of the activation of a major tech upgrade of the protocol called Aave v3. Source
Read MoreAccording to a new post on Jan. 26, Marc Zeller, integrations lead at decentralized finance (DeFi) lending protocol Aave, stated that the firm purchased 2.7 million Curve (CRV) tokens, which would clear “excessive remaining bad debt” within the next 15 hours over a dozen transactions. The move follows the community
Read MoreThe price of Curve Finance’s native token, CRV, has been falling precipitously in recent weeks as the bears have pounced. The present bear market has been relentless in its assault on traders and investors. As the FTX crisis continues to weigh on the cryptocurrency market as a whole, prominent cryptocurrencies like
Read MoreDepositors on Curve earn up to 4% annual yields from one of the many pools on the platform. Curve is the third-largest decentralized finance (DeFi) project with over $5.8 billion in value locked. Its CRV are issued as yield farming rewards to liquidity providers on Curve Finance, and can be
Read MoreSummary: Arthur Hayes has penned a new blog post in which he hopes Bitcoin and Ethereum will not drop any further in the crypto markets. Mr. Hayes also admits his $27k to $25k Bitcoin floor and Ethereum’s $1.7k to $1.8k were obliterated by the ongoing sell-off. He also offers insights into several shitcoins
Read More4pool was launched in early April and is composed of two decentralized stablecoins, UST and Frax Finance's FRAX, and two centralized stablecoins, USD coin (USDC) and tether (USDT). Vocal backers included Terra's Kwon, who even tweeted that the 4pool’s “goal is to starve 3pool,” the biggest Curve pool. Source
Read MoreCRV, the governance token of decentralized exchange (DEX) Curve.Fi, is extending its five-month winning streak as the battle between DeFi protocols for control leads to a demand-supply imbalance.CoinDesk data shows CRV has gained 23% this month, with prices rising 12% to $6.56 in the past 24 hours. The token rallied
Read MoreThis week cryptocurrency traders turned their focus to the pack of dog-themed meme tokens as altcoins like Shiba Inu and Dogecoin (DOGE) saw a surge in volume which resulted in SHIB hitting a new all-time high and the remaining Dogecoin clones booking some juicy gains. Traders are now debating whether
Read MoreCurve dao (CRV), the governance token for automated market maker (AMM) protocol Curve Finance, has quietly risen to become a top performer of the week, despite the craze around shiba inu and other dog-themed tokens.At the time of publication, CRV was changing hands at $4.74, according to data from Messari,
Read MoreThe price of Curve Finance’s governance token CRV spiked by more than 100 percent as the decentralized exchange
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