Michael Egorov, the founder of Curve Finance, has once again experienced a liquidation of his position in Curve (CRV), just days after a significant repurchase aimed at propping up the token's price. The liquidation occurred following a market drawdown, leading to the loss of 918.83K CRV, valued at over $898,000.

TL;DR Michael Egorov, founder of Curve Finance, suffered an $882,000 liquidation in CRV due to a 12% drop in its price in 24 hours. This liquidation adds to a history of losses, including a $140 million liquidation in June, related to an attack on the UwU Lend platform.

Cryptocurrencies endured a bloodbath following the Fed's hawkish tone on Wednesday. Despite the expected 25 bp interest rate reduction, Jerome Powell plunged markets with negative remarks. Besides signaling a more cautious stance when navigating further policy rate adjustments, Powell dented the hopes of the highly-awaited Bitcoin Reserve.

CRV drops 13% amid liquidation claims involving founder Egorov. Egorov denies allegations, linking tokens to prior “uwu” hack receipts.

Curve Founder Liquidation: Michael Egorov's $882K CRV position was liquidated after a 12% drop in the CRV's price within 24 hours.

Currently ranked 90th among cryptocurrencies by market capitalization, CRV has a market cap of $1.18 billion and a trading volume of $512 million.

Curve DAO Token (CRV) has been in the spotlight recently after claims about a major liquidation involving its founder, Michael Egorov. While Egorov has denied the claims, blockchain data hints at a more complex narrative. Meanwhile, CRV has seen a sharp 13% dip, leaving investors in fear of a potential drop ahead.

According to Spot On Chain's X post, Curve Finance founder Michael Egorov purchased CRV worth $1.2 million (108 million coins) on December 17. While the substantial buyback appeared timely as markets eyed the Santa rally, Fed-driven sell-offs have seen Egorov enduring massive liquidations.

Michael Egorov's wallet marked a CRV token liquidation for 918.83K CRV, adding pressure on the token price.

Curve DAO Token (CRV) faced a sharp price drop, leading to the liquidation of CurveFI founder Michael Egorov's account. Recent reports showed that he lost 918.83K tokens worth $882.66K amid the 12% decline in CRV's value over 24 hours.

Spot On Chain's data revealed that Curve's founder, Michael Egorov, made a huge repurchase of 1.08M CRV a little over five hours ago. He bought the CRV tokens at $1.114 each for $1.2M, which marked his first major buyback since the June liquidation.

The Curve DAO Token appears to be gearing up for a major rally as Curve Finance Founder Michael Egorov has recently bought $1.2 million of CRV tokens. The CRV price is holding firm at $1.10 and could be eyeing a rally to $2 and beyond, according to market experts.

The Reserve Bank of India's forex swaps, to avoid directly impacting cash in the system as it supports the spiralling rupee, and the arbitrage between the offshore and onshore markets have inverted the dollar/rupee forward premiums curve.

CRV, the native cryptocurrency of decentralized lending and borrowing protocol Curve Finance, has become the top-performing altcoin out of the top 100. In the last 24 hours, CRV's price has increased by approximately 10%.

With the price of Bitcoin dropping below its $98k mark, the Ethereum price has plunged ~5% in 24 hours with a trading volume of $64.92 billion. However, top ETH-based tokens have defied all odds and have maintained bullish price action this week.

The Curve DAO token saw significant growth as December started, emerging as one of the top gainers over the past month. Curve DAO (CRV) rallied 500% in 30 days, reaching $1.33 with a market cap of $1.

Here is how some of your favorite assets concluded the week.

Bitcoin's price soared to a new all-time high this week, surpassing the eagerly awaited $100,000 mark, which led to a significant surge in the altcoin market. This surge followed a slight dip in Bitcoin's value, creating a rush among investors to switch to altcoins.

TL;DR Curve DAO (CRV) is a decentralized exchange for stablecoins, using automated market makers and non-custodial smart contracts to manage liquidity and stabilize pool prices. Price predictions for CRV from 2025 to 2030 vary widely, reflecting market volatility and uncertainty, with forecasts ranging from conservative to highly optimistic.

Curve DAO (CRV), a decentralized finance (DeFi) platform, has become one of the most discussed tokens in the crypto market. With its focus on efficient stablecoin trading and liquidity pools, CRV has garnered attention from both retail and institutional investors.

The cryptocurrency market is witnessing a significant rally, but it's not the usual suspects like XRP or ADA that are dominating the headlines. In the wake of Bitcoin's approach to $100,000 and broader market optimism, a few lesser-known coins have been quietly making impressive gains.

The cryptocurrency market is buzzing with excitement as Bitcoin (BTC) reaches an all-time high of $100,000, marking a major milestone. This surge has fueled optimism across the crypto space, with several altcoins seeing significant price jumps. The Sandbox (SAND), and Curve DAO Token (CRV) are among the top gainers, up by 20% and 10% respectively.

Today, the cryptocurrency market is fueled by bullish momentum as Bitcoin (BTC) reaches $100,000 for the first time. After approximately two weeks of consolidation, BTC has finally surpassed the $100K resistance level.

CRV has become a focal point for market participants following its recent price movements.

Curve DAO (CRV) has extended its weekly gains by 145% after surging more than 40% in the past 24 hours. Tuesday's statement of Curve's stablecoin scrvUSD launch on Spectra triggered the ongoing bullish wave. Curve DAO is a DEX for stablecoin that utilizes an AMM (automated market maker) to control liquidity.

Curve clocked annualized revenues of nearly $37 million during the past 30 days, according to Token Terminal.

As Bitcoin (BTC) price struggles to reach $100k, the altcoin industry, excluding Ethereum (ETH), has been gaining bullish momentum in the past few weeks. The rise of Ripple Labs-backed XRP to the third most valuable cryptocurrency by market cap has reminded investors of the high volatility in the altcoin space.

One of the biggest moves comes from BlackRock, the world's largest asset manager. They've partnered with Curve and Elixir on a $533 million DeFi fund.

The crypto economy is hovering around $3.41 trillion on Saturday, with core dao (CORE) stealing the spotlight by jumping 31.92% against the U.S. dollar. CRV, ENS, and THETA followed suit, climbing between 28% to 31%. Meanwhile, act 1: the ai prophecy (ACT) took a 13.39% dip, while peanut the squirrel (PNUT) slid 5.

Curve Finance has launched Curve-Lite, a decentralized exchange (dex) powered by the Ethereum layer two (L2) scaling solution Taiko, emphasizing scalability and cost-effectiveness for decentralized finance (defi) users. Curve-Lite: A Scalable Defi Solution Debuts on Taiko Curve Finance has introduced Curve-Lite, a decentralized exchange (dex) instance utilizing the L2 Ethereum scaling solution Taiko.

Token holders can mint deUSD against BUIDL, BlackRock's onchain money fund, and swap on Curve, a popular DEX.

TL;DR Curve Finance launches scrvUSD, a new stablecoin designed to offer low-risk returns and enhance the scalability of its underlying stablecoin, crvUSD. scrvUSD generates returns through lending and staking strategies, providing users with interest derived from yield-generating activities.

The DeFi platform Curve Finance has announced the launch of a new stablecoin called "Savings crvUSD" (scrvUSD).

Ensuring that decentralized finance platforms and networks do not remain siloed is a key hurdle for DeFi applications to overcome.

A fraudulent app impersonating Curve Finance has resurfaced on the Apple App Store, misleading users and causing massive financial losses despite previous removals, highlighting ongoing issues with app store security in the crypto space. The post Fake Curve Finance App Returns to App Store appeared first on Cryptonews.

A Curve Finance scam app resurfaced on Apple's App Store for the third time, continuing to deceive users with false claims of token swaps.

Despite repeated takedowns, the fake Curve Finance app has returned to Apple's App Store, with reports of user losses intensifying.

2025 will be TON's year of DeFi, and it has partnered with Curve Finance to support a competition to find early leaders.

2025 will be TON's year of DeFi, and it has collaborated with Curve Finance to support a competition to find early leaders.

As centralized US dollar-pegged stablecoins continue to gain popularity, the potential for regulatory capture has grown.

A deceptive app imitating the DeFi platform Curve Finance recently surged in popularity on the Apple App Store, ranking within the top 100 finance apps as of Oct. 26.

Curve Finance is not new to scams, with previous fake apps targeting its user base. Users are urged to verify app sources to safeguard their cryptocurrency assets.

A counterfeit app replicates Curve's finance logo, putting users at risk.

A fake Curve Finance app has infiltrated Apple's app store, gaining popularity despite warnings from the community.

Curve DAO (CRV) has experienced a bullish uptick following a partnership between Curve Finance with the TON Foundation. According to a press release issued on October 11, the collaboration aims to boost stablecoin trading on the TON blockchain by utilizing Curve's established market-maker solutions.

Curve Finance and the TON Foundation have launched a joint hackathon to advance their Stable Swap Project on the TON blockchain.

A widely followed cryptocurrency analyst and trader is turning bullish on a top Ethereum (ETH) rival while offering his insight on XRP and decentralized finance (DeFi) protocol Curve DAO (CRV).