After Curve Finance Exploit, Crypto Perpetual Futures Show Bias for Uniswap’s UNI Token

  • July 31, 2023

Late Sunday, Curve, the third-largest DEX, fell victim to a flash loan exploit that put $100 million worth of cryptocurrency at risk. Curve DAO’s native CRV token fell over 15% to $0.63 following the attack. The quick decline introduced additional risk, potentially threatening to liquidate $70 million worth of borrowed position of Curve founder.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *