CrossCurve Bridge Hacked for $3 Million
On February 1, the team behind the cross-chain liquidity protocol CrossCurve reported a security breach.Curve is a popular decentralized exchange with its own governance token, Curve DAO Token (CRV).
CrossCurve Bridge Hacked for $3 Million
On February 1, the team behind the cross-chain liquidity protocol CrossCurve reported a security breach.
Paradigm Proposes Stablecoin-Focused AMM for DEX
The AMM developed by Paradigm, named Orbitals, enables large liquidity pools to adjust their risk exposure for a “significant improvement” in capital efficiency. According to experts, this outcome was achieved by taking concentrated liquidity to “other dimensions.” Unlike existing decentralized trading solutions such as Uniswap V3 with two assets, and Curve, which supports multi-token pools […]
Curve Finance Confirms DNS Server Compromise
On the evening of May 12, attackers breached the interface of the DeFi platform Curve Finance, redirecting the domain to a malicious IP address of a phishing site equipped with a drainer capable of emptying wallets. Late last night, the curve [.] fi domain was compromised at the DNS level. This exploit redirected traffic to […]
Paradigm’s CTO Advocates Moving Away from Solidity for Ethereum
Solidity is currently in a “problematic state,” raising questions about its improvement or the shift to an alternative. This was stated by CTO of Paradigm, Georgios Konstantopoulos. How should we program Ethereum? Solidity is in a problematic state right now, IMO. Do we make Solidity good? Do we drop Solidity? If we drop Solidity, do […]
What Is Curve Lend and How Does Its Anti-Liquidation Mechanism Work?
Curve Lend (or Llama Lend) is a lending platform from the creators of the decentralised exchange Curve Finance. The service is fully live on Ethereum, Arbitrum and Fraxtal.
US Elections Trigger Surge in High-Risk Crypto Lending
The volume of outstanding high-risk loans in DeFi has surpassed $5 million, recovering after the threat of a complete liquidation of Curve founder Mikhail Egorov’s position, which exceeded $100 million. High-risk DeFi loans are surging as market sentiment drives demand for leverage. However, with the U.S. elections just concluded, heightened volatility remains a concern. Large […]
TON Foundation and Curve Finance to Launch Stablecoin DEX
Developers from Curve Finance and TON Foundation are set to create a platform for stablecoin trading on the Telegram Open Network blockchain. The AMM mechanism from Curve is expected to simplify the exchange of “stablecoins,” enhance user experience, and minimize price impact. The project’s advisor will be the founder of the DEX, Mikhail Egorov. A […]
Curve Finance Founder Faces Potential Liquidation of $140 Million in CRV Holdings
Michael Egorov, the founder of Curve Finance, faces the risk of liquidation of positions worth approximately 140 million CRV due to a significant drop in the native token’s price, according to analysts at Arkham Intelligence. $140M CRV nearing Liquidation Curve founder Michael Egorov is currently borrowing $95.7M in stablecoins (mostly crvUSD) against $141M in CRV, […]
Ethereum Lending Protocol Liquidations Surpass $127 Million
In the first two weeks of April, the volume of liquidated positions in Ethereum’s lending markets reached $127.8 million, exceeding monthly figures not seen since at least June 2022, according to The Block. The dramatic events of summer 2022 were driven by investors’ reactions to the collapse of Terra. The publication noted that the surge […]
Curve Deploys Smart Contracts for Llama Lend Lending Platform
Developers of the decentralized exchange Curve Finance have deployed smart contracts for the Llama Lend lending platform, as reported to ForkLog by project representatives.We use cookies to improve the quality of our service.
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