Curve founder repays 93% of $10M bad debt stemming from liquidation
The DeFi protocol's native token plunged by 28% in a single day due to liquidations stemming from a hack attempt.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The DeFi protocol's native token plunged by 28% in a single day due to liquidations stemming from a hack attempt.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Aave Founder Warns EU MiCA Review Could Restrict DeFi Access
Aave founder Stani Kulechov is criticizing proposals from European regulators that could extend restrictions on stablecoin yield a...
Cardano’s DeFi has shrunk by more than half and RealFi is betting credit can revive it
Cardano’s “bank the unbanked” push went live with RealFi, putting real-world credit behind a new dollar-token system. On Oct. 1, R...
NEAR Protocol weighs proposal to cut token issuance to 1.6% over two years
Reducing NEAR's token issuance could stabilize its value but may lower staking appeal, impacting network competitiveness and treas...
Tokenized Stocks, Investor Rights, and Their Crypto Role
Tokenized stocks could give crypto-native investors access to equity exposure through crypto platforms, but a token that tracks a...
Solana Perps Exchange Drift Opens Recovery Token Claims for Users Who Lost Over $290 Million
The Drift Foundation opened claims and redemptions on Thursday for DFX, a Solana token issued to users of the perpetuals exchange...
True Markets Launches Tokenized Equity Trading, Starting with Nvidia
True Markets has launched an on-chain orderbook for tokenized equities, starting with Nvidia against USDC.The DeFi Orderbook is de...