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“Since October, I haven’t got any tokens so it was very fair for me to sell,” he said in an interview, adding that before the listing, he received 7.5 million tokens and 1.3 million of them he sold on Bitget. He was also selling some on two other exchanges, MEXC
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Following a recent exploit on the decentralized exchange, Curve Finance founder Michael Egorov managed to find an answer to his loan dilemma. Thanks to support from a group of backers, including Justin Sun, the principal value of
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Bankrupt crypto exchange FTX has submitted a proposal that may result in the relaunch of its international arm FTX.com. On August 1, the company’s bankruptcy administrators confirmed rumors of a relaunch by filing a draft plan of reorganization in which it proposes the kick-off of a “rebooted” offshore exchange exclusive
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"He [Erogov] borrowed FRAX using CRV as collateral on Fraxlend. However, because people are withdrawing FRAX from the pool, fearing bad debt in the event of CRV liquidation, the APY has significantly increased," Ignas explained. "He now needs more FRAX deposited to that CRV/FRAX lending pool. That's why the introduction
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“Given the track record and the lack of contacts with other players (even 3AC actively interacted with BlockFi, Genesis, etc.), then we can point the finger toward someone from Alameda,” he tweeted, “And let's try to answer probably the most critical question, SBF or Sam Trabucco?” Original Source
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A new memecoin on Coinbase’s Base network fell 85% after its developer allegedly pulled 1,034 Ether in liquidity, worth approximately $1.9 million, from the market, according to social media reports and blockchain data. The developer for Bald (BALD) denied making any market sales of the coin, stating, “[I] just added/removed
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If passed – voting ends Tuesday – the governance proposal will reduce the amount of DYDX given to liquidity providers per epoch to 575,342, a 50% decrease that amounts to about $1 million at current prices. Antonio Juliano, dYdX’s founder, said on X (the site formerly known as Twitter) that
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Late Sunday, Curve, the third-largest DEX, fell victim to a flash loan exploit that put $100 million worth of cryptocurrency at risk. Curve DAO's native CRV token fell over 15% to $0.63 following the attack. The quick decline introduced additional risk, potentially threatening to liquidate $70 million worth of borrowed
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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
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