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Curve Finance
Curve Finance CEO Egorov Sued by 3 DeFi-Focused Venture Capital Firms
Michael Egorov, the CEO of decentralized finance (DeFi) firm Curve Finance, is being sued for fraud by venture capital firms ParaFi Capital, Framework Ventures, and 1kx. A complaint filed in the Superior Court of California, San Francisco, alleges Egorov misappropriated trade secrets of the three VC firms, and defrauded the firms out of close to $1 million in funds. "The Hash" panel weighs in on the lawsuit against Egorov and what this means for the exchange.
Curve Finance CEO Egorov Sued by 3 DeFi-Focused Venture Capital Firms
A complaint filed in San Francisco alleges Egorov defrauded ParaFi Capital, Framework Ventures and 1kx.
DeFi Protocol Curve Finance Deploys Native Stablecoin on Ethereum Mainnet
The deployment marks a major milestone for the public release of Curve’s highly anticipated native stablecoin.
Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin
USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner.
CME Group Teaming With CF Benchmarks for 3 New DeFi Rates and Indices
Pricing will initially come from a group of six crypto exchanges.
Withdrawal of $33M in Staked Ether Was Not From Three Arrows Capital: Report
The withdrawal was to a Matrixport wallet, not Three Arrows, as previously reported.
CFTC Accuses Ohio Man of $12M Bitcoin Ponzi Scheme; Binance Recovers $450K Stolen From DeFi Protocol
The U.S. Commodities Futures and Trading Commission (CFTC) has taken legal action against an Ohio resident it says ran a $12 million Ponzi scheme involving bitcoin. Plus, Binance CEO Changpeng Zhao tweets the crypto exchange has frozen or recovered $450,000, which was stolen from decentralized finance protocol Curve.Finance earlier this week.
Crypto Exchange Binance Recovers $450K Stolen From DeFi Protocol Curve.Finance
The world's largest exchange is working with law enforcement to return the funds.
DeFi Protocol Curve.Finance Gets Hacked and $570K Is Stolen
The source of the hack has been “found and reverted,” according to the protocol.
Curve Finance Proposes to End CRV Token Emissions on All UST Pools
On-chain participants are already voting “yes” to the measure.
