Huobi's Jun Du invests $4 million in CRV tokens from Curve founder Egorov.
Screenshot showing Jun Du’s 10 million CRV token transaction. Source: Etherscanhis support for Curve, highlighting his previous assistance during BendDAO’s liquidity crisis. Du said the existing challenges were transitory and that he believes the industry would benefit from collective support. Du is also the CEO of New Huo Tech, aEgorov took out a $100 million stablecoin loan using his own CRV stash as collateral.
However, theto Debank, Egorov has managed to repay over $17 million in stablecoin loans, leading to a marginal improvement in the overall health of the loans. However, he still faces a significant debt burden, with approximately $60 million in stablecoins owed on Aave, $12 million on Abracadabra and around $8 million on Inverse.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Huobi co-founder Jun Du buys 10 million CRV from Michael EgorovHuobi co-founder Jun Du purchased 10 million curve tokens (CRV) for $4 million from Curve founder Michael Egorov.
Leer más »
Crypto Market Unnerved by DeFi Exchange Curve’s Sinking CRV TokenA tumble in the native token of key decentralized cryptocurrency exchange Curve Finance sapped sentiment toward digital assets on concern that the episode could trigger cascading liquidations of positions throughout the embryonic sector.
Leer más »
Justin Sun, DWF Labs, DCF God and Others Buys CRV Token From Curve Founder | CoinMarketCapCryptoNews: The founder of CurveFinance, Michael Egorov, received assistance from a number of DeFi figures when his DeFi loan positions were at risk following an attack on decentralized exchange Curve. 🧐
Leer más »
Tron (TRX) Founder Justin Sun Just Purchased 5 Million CRV on OTC.justinsuntron purchased 5 million $CRV from Curve founder with massive discount $TRX Curve
Leer más »
Curve Exploit: Curve Founder Michael Egorov’s Loan Positions At Risk? | CoinMarketCapOn July 30, Curve was exploited due to a vulnerability in the Vyper programming language. A drop in the price of $CRV could lead to a liquidation of Egorov’s position and kickstart a liquidation cascade. 👀 Let's dive in 👇
Leer más »
Bitcoin Rebounds to $29.2K, Recovering From DeFi Fears; CRV Jumps 5%, XRP RisesBitcoin crossed $29.2K as cryptos regained their balance from a dip hours earlier that sent the crypto below $28.6K. CRV rose more than 5%. Major altcoins were mixed, albeit slightly more to the red. JPRubin23 writes
Leer más »