Curve

Curve Finance's Michael Egorov (Michael Egorov, modified by CoinDesk)
DeFi Heavyweight Curve Focused on Becoming ‘Safest’ Lending Platform, Founder Says
Egorov’s $100 million in loans taken from various protocols using Curve’s CRV tokens started to automatically liquidate on Thursday, sending the token down as much as 30% befo...
Curve Finance's Michael Egorov (Michael Egorov, modified by CoinDesk)

Fed Sees Just One Rate Cut This Year; CRV Slides as Curve’s Founder Faces Liquidation Risk
Fed Sees Just One Rate Cut This Year; CRV Slides as Curve’s Founder Faces Liquidation Risk
"CoinDesk Daily" host Michele Musso breaks down the biggest headlines impacting the crypto industry today, as the U.S. Federal Reserve announced on Wednesday that it expects j...
Fed Sees Just One Rate Cut This Year; CRV Slides as Curve’s Founder Faces Liquidation Risk

Green and orange spiral as abstract object on the dark background, representing Ethereum layer 2. (vlastas/iStock)
DeFi Giant Curve Roiled as Founder's Loans Get Liquidated; CRV Slides 30%
Addresses tied to Curve founder Michael Egorov are borrowing nearly $100 million in various stablecoins against $140 million in curve tokens.
Green and orange spiral as abstract object on the dark background, representing Ethereum layer 2. (vlastas/iStock)

Curve pools: FRAXPYUSD is the third largest by TVL (Curve)
PayPal's Stablecoin Part of Third Largest Liquidity Pool on Curve
Curve's FRAXPYUSD liquidity pool, which went live on Dec. 27, boasts the third largest TVL of $135 million.
Curve pools: FRAXPYUSD is the third largest by TVL (Curve)

Curve Founder Michael Egorov Deposits $35M CRV to Settle Debt on Aave
Curve Founder Michael Egorov Deposits $35M CRV to Settle Debt on Aave
Curve founder Michael Egorov has deposited 68 million CRV tokens worth $35 million to settle his entire debt position on DeFi lending platform Aave, according to blockchain an...
Curve Founder Michael Egorov Deposits $35M CRV to Settle Debt on Aave

CRV token bounces 3% (CoinDesk data)
Curve Founder Michael Egorov Deposits $35M CRV to Settle Debt on Aave
Egorov now has $132 million worth of collateral and $42 million in debt across all other DeFi lenders.
CRV token bounces 3% (CoinDesk data)

Coinbase CEO Brian Armstrong (Coinbase)
Coinbase Earned $1M Amid Hack, but Hasn't Reimbursed Victims
Coinbase received 570 ETH, the second-largest payout tied to MEV in Ethereum’s history, to process transactions related to the Curve exploit.
Coinbase CEO Brian Armstrong (Coinbase)

Chart shows surge in buyers on Base's Friend.tech app after the project announced it had received an investment earlier this year from the crypto-focused venture capital firm Paradigm. (Messari/Dune)
The Protocol: Coinbase Blockchain's Viral Use Case Puts Focus on Optimism's Tech
The week in blockchain tech: Crypto-fueled social marketplace Friend.tech goes viral on Coinbase's new Base blockchain, Shiba Inu community's "Shibarium" network aims for fres...
Chart shows surge in buyers on Base's Friend.tech app after the project announced it had received an investment earlier this year from the crypto-focused venture capital firm Paradigm. (Messari/Dune)

Curve Crisis Reveals Cracks in Decentralized Risk Management
Curve Crisis Reveals Cracks in Decentralized Risk Management
The $70 million hack on Curve, one of the largest decentralized crypto exchanges, revealed cracks in the DeFi promise. The hack set off a Rube Goldberg-esque series of events...
Curve Crisis Reveals Cracks in Decentralized Risk Management

JPEG’d lost nearly $12 million in crypto during the recent Curve exploit. Now it has to decide how to fill the hole. (Getty Images)
Curve Crisis Averted, NFT Loans Protocol Now Votes on Next Steps
JPEG’d DAO voters are deciding how to account for a $1 million bounty.
JPEG’d lost nearly $12 million in crypto during the recent Curve exploit. Now it has to decide how to fill the hole. (Getty Images)