Curve founder says it's ‘possible' crvUSD stablecoin will launch next month

Curve Finance founder Michael Egorov comments on the potential launch date for its upcoming native stablecoin crvUSD. The post Curve founder says it's ‘possible' crvUSD stablecoin will launch next month appeared first on The Block.

Timeline of Curve-dao-token

As far as DEXes go in the crypto market, Curve Finance is usually spotted among the top-performing exchanges. However, since the past month or so the DEX has been massively underwhelming.

Curve Finance plunged further in July due to a drop in the demand for cryptocurrencies by individual whales and institutional investors.  The post Curve Finance Volume Plunges More Than $4B to Hit 2022 Low appeared first on BeInCrypto.

Following the recent Curve Finance attack, Binance CEO Changpeng Zhao announced that the exchange had recovered $450 million from hackers. The decentralized finance (defi) platform Curve saw roughly $570 million siphoned from the application on August 9.

Binance has announced that it has seized assets worth around $450,000 that is linked to the Curve Finance exploit that occurred a few days prior. This is the second large-scale seizure of funds linked to the exploit, with Fixed Float seizing around $200,000 worth of assets that the hackers deposited.

Curve Finance [CRV], the on-chain liquidity exchange, was attacked in what was termed a “DNS cache poisoning” on 9 August. This exploit capitulated CRV as the price plunged from $1.48 on 8 August to $1.25 on the event day.

The majority of the stolen Curve money was frozen and recovered by Binance, founder Changpeng Zhao confirmed in a tweet on August 12. The post Binance Recovers Around $450k From Stolen $570K Curve Finance Exploit appeared first on BeInCrypto.

Binance recovers almost all of the stolen funds from Curve Finance, which is around $450,000 worth of the stolen assets. That would mean that Binance has recovered and frozen a whopping 80% of the money.

Changpeng Zhao, Binance CEO, claimed that his team had recovered a significant amount of the money taken by Curve's front-end exploit on Tuesday. Zhao provided a status report on Twitter and revealed that the centralized exchange has frozen $450,000 in stolen assets that the Curve hacker had transferred into the exchange.

Binance CEO Changpeng Zhao tweeted on August 12 that the exchange has identified and frozen 83% of the funds stolen from Curve Finance after the hacker attempted to launder it through Binance. The post Binance recovers $450K stolen from Curve DNS Hack appeared first on CryptoSlate.

Changpeng Zhao, the CEO of the Binance crypto exchange, said his team seized funds stolen during the recent Curve's front-end exploit. The post Binance seizes $450,000 stolen in Curve's front-end hack appeared first on The Block.