Curve CEO clears up UwU Lend hack, CRV burn misinformation
The Curve CEO clarifies misinformation about the UwU Lend hack and CRV token burn, outlining preventative measures and repayment of bad debt. Go to Source
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Curve Finance’s Michael Egorov says $10M in bad debt fully paid
The founder reassured the Curve community that he was “committed to building Curve more than ever,” following a hack attempt. Go to Source
Curve founder repays 93% of $10M bad debt stemming from liquidation
The DeFi protocol’s native token plunged by 28% in a single day due to liquidations stemming from a hack attempt. Go to Source
Curve Finance soft liquidation works, but CRV plunges 28%
Curve Finance’s LLAMMA successfully handled liquidation during a hack attempt, but the CRV token fell by 28%, sparking concerns in the DeFi community. Go to Source
Curve Finance awards dev $250k for finding reentrancy vulnerability
Curve Finance awarded cybersecurity researcher Marco Croc with its maximum bug bounty award of $250,000 after thoroughly investigating the security flaw. Go to Source
Paypal Integrates PYUSD for International Transfers on Xoom
On Thursday, Paypal disclosed that users of Xoom now have the capability to utilize the company’s stablecoin PYUSD for conducting international cross-border transactions. Beginning on April 4, this feature was made accessible to users in the U.S., enabling them to transfer PYUSD to beneficiaries across roughly 160 countries worldwide. Paypal’s Xoom Adds PYUSD Cross-Border Transfers … Read more
Despite Crypto Uptick, Paypal’s PYUSD Stays Quiet in the Top Ten Stablecoin Race
In the last day, the global trading volume has hit $203 billion, with stablecoins accounting for an impressive $133 billion of that total. Among the array of stablecoin assets tied to the U.S. dollar, Paypal’s PYUSD has emerged as a top ten player. Yet, despite the ongoing cryptocurrency market upswing, PYUSD has shown minimal activity … Read more
Chainlink quietly changes multisig rules, Mixin offers $20M bounty: Finance Redefined
Mixin Network has offered a $20 million bug bounty to the exploiter behind a $200 million hack to return the remaining funds. Go to Source
Curve Finance founder cuts debt to $42.7M, settles entire Aave loan
Curve Finance founder Michael Egorov still has debt of $42.7 million across four protocols including Silo, Fraxlend, Inverse and Cream. Go to Source
DeFi economic activity drops 15% in August: VanEck
According to an analysis from investment manager firm VanEck, exchange volume across DeFi protocols declined to $52.8 billion in August, 15.5% lower than in July. Go to Source
