Curve Finance and
TON Foundation recently launched a
DeFi Hackathon, which resulted in a rally for
CRV and
TON. There are predictions about
CRV price for 2024 along with a focus on making the platform the safest lending platform.
Curve’s founder, Michael Egorov, reportedly got liquidated causing a decrease in the CRV price. The
Curve Finance has adopted crvUSD for fee distribution and has been incurring consecutive reductions to CRV token emissions. Amidst these events, the market exhibited recovery signs for CRV. While heavy liquidations plagued the CRV market, hitting historic lows, the token saw sudden surges backed by ecosystem news. Multiple guest posts pointed towards the token's resilience in these difficult times. Notwithstanding the shock events leading to a depegging of crvUSD,
Binance revealed major support for the Curve DAO token. With
curve finance now allowing users to mint crvUSD for staked ether, the space is keeping an eye on CRV. In the backdrop, an exploit at DeFi giant Curve saw more than $100M at risk. The token is currently under examination with possible innovative solutions like the founder depositing CRV into Aave to safeguard a substantial stablecoin loan following an exploit.
CRV Coin News Analytics from Fri, 14 Aug 2020 02:07:20 GMT to Sat, 12 Oct 2024 22:35:00 GMT -
Rating -2
- Innovation 3
- Information 6
- Rumor -1
