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CoinTurk News 2023-08-01 11:59:07

Alarming Picture in the Altcoin at the Center of Debates! Price Under Short-Selling Pressure!

The native asset of the DeFi protocol Curve Finance, CRV, experienced a significant drop due to a reentrancy attack, prompting the project’s founder, Michael Egorov, to take measures to hedge his personal DeFi position. Amidst the market turmoil, Egorov undertook notable transactions, including repaying a 5.13 million FRAX stablecoin loan and reclaiming 12.5 million CRV tokens as collateral. The post Alarming Picture in the Altcoin at the Center of Debates! Price Under Short-Selling Pressure! appeared first on COINTURK NEWS.

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