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 position of Curve founder.
Related posts
-
South African Crypto Exchanges Push for Regulatory Change to Allow Pension Fund Investment
Cryptocurrency exchanges have argued that pension funds should be allowed to invest in crypto assets, enabling... -
A Lesson for Crypto Investors
A UK judge has dismissed the long-standing legal case of James Howells, who sought access to... -
Job Seekers Beware: Fraudulent Offers Conceal Dangerous Crypto Malware
Job seekers are being targeted by a sinister scheme,...