Curve Finance, a decentralized finance (DeFi) platform, its native token CRV witnessed a sharp decline. This decline not only shook the market but also had severe repercussions for the platform’s founder, Michael Egorov. Let’s delve into the details of what transpired and its implications for the DeFi ecosystem. What Happened to CRV? The price of…
In the fast-paced world of cryptocurrencies, volatility is not uncommon. However, recent developments surrounding Curve founder Michael Egorov have sent shockwaves through the market. Egorov is currently facing significant liquidation risks, with substantial loans backed by a substantial portion of $CRV, the native cryptocurrency of the Curve Finance platform. As of the latest available data,…
The crypto industry is booming, and so are the lifestyles of some of its leaders. According to Financial Review, Michael Egorov, the founder and CEO of Curve Finance, a decentralized stablecoin exchange, and his wife have bought a mansion in Melbourne for $41 million, setting a record for the highest real estate transaction in Victoria…