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Founder of DeFi Giant Curve Gets Liquidated Again as CRV Slumps

Founder of DeFi Giant Curve Gets Liquidated Again as CRV Slumps

Curve founder Michael Egorov played down the $882,000 liquidation on X.
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Curve Finance Mulls Removing TrueUSD as Collateral for Stablecoin Curve USD

“crvUSD is overexposed to minor stablecoins, especially TUSD which has a dubious track record and has recently been charged by the SEC with defrauding investors,” the proposer wrote.
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First Mover Americas: Bitcoin Holds $67K, CRV Slides

The latest price moves in crypto markets in context for June 13, 2024.
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CRV Slides 30% as Loans Tied to Curve’s Founder Face Liquidation Risk

Addresses tied to Curve founder Michael Egorov are borrowing nearly $100 million in various stablecoins against $140 million in curve tokens.
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Curve Founder Michael Egorov Deposits $35M CRV to Settle Debt on Aave

Egorov now has $132 million worth of collateral and $42 million in debt across all other DeFi lenders.
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