DeFi


Markets

Curve Founder Deploys New Liquidity Pool to Address FRAX Debt Situation

Analysts said it is an attempt to incentivize liquidity to FraxLend's pool from where Egorov has taken a loan of 15.8 million FRAX.

Curve's new pool dedicated to Fraxlend's CRV/FRAX market (Curve)

Markets

Is Sam Bankman-Fried Tied to a New Apparent Crypto Scam Called BALD?

On-chain data shows bald's deployer contract has interacted with Alameda-linked wallets and was an active DeFi participant in the early days.

Despite claims by right-wing political figures, Sam Bankman-Fried was definitely not a free man when he (right) exited a Manhattan courtroom on July 26, 2023. (Nikhilesh De/CoinDesk)

Finance

Nomura Backs $6M Round for On-Chain Fund Platform Solv Protocol

The Singapore-based startup allows institutions and venture capitalists to create, use and sell financial products.

Nomura. (charnsitr/Shutterstock)

Markets

Curve Founder’s $168M Stash Is Under Stress, Creating a Risk for DeFi as a Whole

Curve CEO Michael Egorov pledged 34% of CRV’s total market cap to back loans across DeFi protocols. A forced liquidation would result in selling at a time when prices are already falling.

Curve Finance's Michael Egorov (Michael Egorov, modified by CoinDesk)

Opinion

After the Curve Attack: What's Next for DeFi?

The $70 million weekend exploit of major platforms, including Curve, come at a time when developers are discussing changes to the prevailing AMM liquidity model.

corner, wall, white paint and sunshine (JACQUELINE BRANDWAYN/Unsplash)

Opinion

Después del ataque de la curva: ¿Qué sigue para DeFi?

El exploit de fin de semana de 70 millones de dólares de las principales plataformas, incluida Curve, se produce en un momento en que los desarrolladores están discutiendo cambios en el modelo de liquidez AMM predominante.

corner, wall, white paint and sunshine (JACQUELINE BRANDWAYN/Unsplash)

Videos

Curve Finance Exploit Puts More Than $100M Worth of Crypto at Risk

Upwards of $100 million worth of cryptocurrency is at risk due to a “re-entrancy” bug in Vyper, a programming language used to power parts of the Curve system. "The Hash" weighs in on the state of smart contracts and risk management in decentralized finance (DeFi).

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Finance

DYdX Proposal to Slash Token Issuance Wins Early Support

In theory, this could boost the price of DYDX, based on the basics of supply and demand.

The governance vote comes almost a month after dYdX, which has about $346 million in total value locked, launched its public test network on Cosmos.(Bettmann/Getty Images)

Tech

Coinbase’s New Base Blockchain Gobbled Up $68M in Ether, and It’s Not Even Officially Live Yet

Meme coin BALD’s 4,000,000% surge seemed to spark the huge inflows to the nascent crypto bridge.

Euros (Gerd Altmann/ Pixabay)

Videos

Ava Labs President on Curve Finance Exploit, Future of Asset Tokenization

Ava Labs president John Wu joins "First Mover" to discuss Avalanche Vista, a $50M initiative for purchasing tokenized assets minted on the Avalanche blockchain, along with the opportunities and challenges of asset tokenization. Plus, his reactions to the Curve Finance exploit, Ripple's partial win against the SEC and outlook for the metaverse.

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