Curve Finance founder Michael Egorov hit amid $22M CRV liquidation cascade
Over $20M worth of CRV-collateralised positions were liquidated as the price of the Curve Finance’s governance token dropped over 30%.
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Sifu’s UwU Lend reportedly hacked for $20M, Curve’s Egorov among affected
Attack transactions show the UwU hacker used ‘flash loans’ which can be used to manipulate asset prices on DeFi apps.
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