Curve Finance, a decentralized finance (DeFi) protocol, has announced that it would pay consumers who were affected by the recent attack that resulted in $62 million in losses. An official Twitter account said that continuing investigations were providing positive results, with almost 79% of the monies recovered so far. The
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, completed its eighth anniversary on July 30. ETH’s journey will undoubtedly remain the focal point of the evolving crypto market. Recently, ETH core developer Eric.eth revealed that some of the largest MEV block rewards in Ethereum history have generated after the Curve
In a devastating blow to the decentralized finance (DeFi) ecosystem, several projects utilizing Vyper— an alternative programming language for Ethereum smart contracts, suffered significant losses, with attackers making off with over $47 million. The incidents occurred on July 30, targeting stable pools on Curve Finance, an automated market maker platform.
The stablecoins code was released into GitHub by its developers. Over-collateralization ensures the new currency will maintain its $1 peg in the market. With the DeFi protocol Curve Finance, a new dollar-pegged stablecoin may soon be available. On Tuesday, the stablecoins code was released into GitHub by its developers. The
Malicious hacks and money laundering in the DeFi space are now in full swing. Curve.Finance, one of the top DeFi protocols, turned out to be the recent victim of nearly a $570k hack. On Friday, Binance CEO Changpeng Zhao revealed that the exchange had frozen or recovered $450,000 of the
Over $573,000 was stolen as the result of a front-end website exploit. Curve.exchange appeared to be unaffected by the hack. The decentralized finance (DeFi) protocol Curve.Finance has been the new target for the hackers on late Tuesday. According to a tweet alert from the Curve, Iwantmyname, a provider of DNS
Curve Finance (CRV) is an Ethereum-based decentralized liquidity pool. According to Dune Analytics, yearn is the second-largest veCRV holder. In Decentralized Finance (DeFi), yearn.finance (YFI) enables lending aggregation, yield creation, and insurance on the Ethereum blockchain. According to the project’s website, the protocol is maintained by independent developers and overseen
Curve Finance added Euro as a secondary currency option following the user demands. The Curve is an automated market maker specialized in swaps between like assets. Moreover, a governance proposal passed to enable the CRV token to reward the liquidity providers in the pool. Curve Finance announced that it added
