Binance Labs To Invest $5 Million In Curve DAO Token CRV

Curve DAO token (CRV) will deploy on BNB Chain as part of the deal with Binance Labs, the company’s incubation and venture capital arm. The $5 million investment follows brief concerns about the DeFi stableswap exchange after exploiters drained over $70 million from CRV and ETH pools. Recovery efforts have been largely successful, with white hackers and protocols recovering three-quarters of the stolen assets. Security veterans also proposed a collaborative initiative to provide emergency assistance given DeFi’s recent hacks. Binance