Cryptocurrency Analysis and News Portal
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The $47 million Curve Finance exploit on July 30 had a domino effect on the DeFi ecosystem, mainly due to the $100 million
Read More
Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, has recently suggested that Bitcoin’s (BTC) underperformance compared to the stock market may be
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Curve has faced multiple setbacks, such as the Conic, JPEG’d, and Curve hacks, which have impacted its total value locked (TVL) and caused ripple effects on the price and liquidity of CRV tokens. As a result,
Read More
DeFi lending protocol, Abracadabra Money, is currently debating a proposal to boost the interest rate in its CRV lending markets as it
Read More
Following the recent exploit of Curve Finance pools, there have been genuine concerns about the stability of the decentralized exchange and the
Read More
On July 30, Curve Finance, a decentralized exchange on Ethereum, suffered a hack due to a vulnerability in certain pools built using the Vyper programming language.The price of Curve DAO (CRV) dropped 20.91% on the day of the hack, falling to a two-month low of $0.58. The next day, the
Read More
Curve CEO Michael Egorov pledged 34% of CRV’s total market cap to back loans across DeFi protocols. A forced liquidation would result in selling at a time when prices are already falling. Source
Read More
Upwards of $100 million worth of cryptocurrency are at risk due to a “re-entrancy” bug in Vyper, a programming language used to power parts of the Curve system. Several stablecoin pools on the platform — used for pricing and liquidity on a number of different DeFi services — have been
Read More
A recent proposal from Parrot Protocol's team, a Solana-based liquidity network, has sparked controversy among its community members. The proposal, up for vote until July 27, calls for the redemption of its PRT tokens for liquid treasury value, and the transition to a no-token protocol.Based on the proposal, the PRT
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Canadian police issued a public warning on July 19 regarding a concerning trend of high-value crypto investors falling victim to home robberies. The Royal Canadian Mounted Police (RCMP) in Richmond, located south of Vancouver, reported multiple
Read More