Curve founder Michael Egorov proposed a new way to recover bad debt in DeFi lending markets amid industry debates on the KelpDAO incident.
DeFi DEX Curve Finance alerted users to a DNS exploit on its website, its second domain issue in three years.
Token holders can mint deUSD against BUIDL, BlackRock's onchain money fund, and swap on Curve, a popular DEX.
The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to back Curve's stablecoin.
Curve founder Michael Egorov’s $100 million in loans taken from various protocols using Curve’s CRV tokens started to automatically liquidate on Thursday, sending the token down as much as 30% before it briefly recovered.
Several unauthorized crypto apps that drain users’ assets when downloaded have been listed by tech giants over the years.
X user DeFi Made Here claimed that Curve still contains a “systemic risk” that could compromise its entire ecosystem.