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Curve Founder Michael Egorov’s $168M CRV Stash Is Beneath Stress, Making a Danger for DeFi

SB Crypto Guru News by SB Crypto Guru News
August 1, 2023
in Bitcoin
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Curve Founder Michael Egorov’s 8M CRV Stash Is Beneath Stress, Making a Danger for DeFi



Gauntlet, a danger administration agency that caught sight of Egorov’s huge CRV loans on Aave as early as January, advisable on the time to freeze the CRV market on Aave V2 to mitigate the probabilities of a meltdown taking place prefer it did on Monday. There are indications that Egorov actively managed his sizable place prior to now, together with at occasions paying down parts of the debt.



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Tags: 168MBitcoin NewsCreatingCRVCrypto NewsCrypto UpdatesCurveDeFiEgorovsFounderLatest News on CryptoMichaelRiskSB Crypto Guru NewsStashStress
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