September 27, 9:30 pm
|Curve Founder Michael Egorov Clears Aave Loan, Reduces Total Debt To $42...|
Michael Egorov, founder of Curve Finance, has settled his loan on the Aave Protocol and cut his total debt to $42.7 million. Egorov’s DeFi debt profile was revealed on August 1 following a Curve Finance hack that extracted $73.5 million worth of assets across various liquidity pools.
As expected, the exploit caused a significant d...
August 01, 7:45 am
|Ethereum DeFi Coins Plunge As Curve Concerns Threaten Major Market Crash|
The Ethereum DeFi space is currently experiencing a rough few hours. All major DeFi coins are posting deep red numbers in the last 24 hours: Compound (-18%), Aave (-10%), Curve (-10%), Frax (-6%), and Synthetix (-6%).
The reason? Curve Finance, a flagship decentralized exchange specializing in stablecoin swaps, recently suffered a significant explo...
June 16, 2:11 pm
|Second Time in 2 Months: DeFi Lender Inverse Finance Drained for $1.6M|
Ethereum-based DeFi lending protocol Inverse Finance suffered yet another hack. Peckshield was the first to observe the flash loan attack following which it revealed that the attacker carried out an exploit via price oracle manipulation.
The blockchain security company said a price oracle manipulation misuses the balances of assets in the pool to ...