Curve liquidation possibility poses systemic possibility to DeFi at the same time as founder scurries to repay loans

Curve liquidation possibility poses systemic possibility to DeFi at the same time as founder scurries to repay loans

ETH/USD
-0.52%
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CRV/USD
+4.62%
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On July 30, Curve Finance, a decentralized substitute on Ethereum, suffered a hack as a consequence of a vulnerability in certain swimming pools constructed using the Vyper programming language.

The pricetag of Curve DAO (CRV) dropped 20.91% on the day of the hack, falling to a two-month low of $0.58.

<em><span class="aqPopupWrapper js-hover-me-wrapper"><a href="https://www.investing.com/crypto/curve-dao-token/crv-usd" id="64c980ac618a5" class="aqlink js-hover-me" hoverme="aql" data-pairid="1169561">CRV/USD</a></span> worth analysis. Provide: TradingView</em>

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