In the crypto money world, the hacking of the Altcoin CRV was on the agenda yesterday evening. Afterwards, the price fluctuation that occurred attracted attention. Now, there is a new Development. It is stated that there is an 800 percent increase in the price of the hacked CRV. So what really happened at this stage? Let’s look at the details
Exchanges react to altcoin CRV hack
Late yesterday, the CRV hack shook up the DeFi world. On the other hand, it caused a short-term panic in Bitcoin and altcoins. Altcoin CRV price fell to $ 0.57 on Binance with the hack. In some exchanges, the decline was up to $ 0.1.
Following the attack on CRV, exchanges suspended CRV deposits and withdrawals. Due to the lack of altcoin CRV liquidity, there have also been interesting price movements on some exchanges. Following the suspension of withdrawals and deposits, the CRV price began to trade at a high premium on South Korea-based cryptocurrency exchanges Bithumb and Upbit.
Crazy price fluctuations on South Korean stock exchanges
parofix.com When we look at the Bithumb exchange, we see that the CRV/KRW price has increased by 800%. Accordingly, this increase brought the price of the altcoin CRV to KRW 7630, that is, $ 6. The situation became really interesting while writing the article.
Accordingly, the price of the altcoin CRV on the Bithumb exchange has come to about $ 4.65. On the other hand, the price on Binance and other exchanges is very low. It is Trading at $0.63.
Altcoin Curve Finance tackles hack
Curve is a major liquidity provider for DeFi. Accordingly, the incident that occurred here is closely followed by the whole sector. Altcoin Curve Finance confirmed that 4 liquidity pools were hacked in its latest update and asked investors to exit these pools. The announcement reads.
Justin Sun points out that the altcoin CRV is important to the DeFi ecosystem. He also said their support is with the CRV team and other protocols. The recent altcoin CRV attack highlighted the vulnerabilities in the DeFi space.
parofix.com
Exchanges react to altcoin CRV hack
Late yesterday, the CRV hack shook up the DeFi world. On the other hand, it caused a short-term panic in Bitcoin and altcoins. Altcoin CRV price fell to $ 0.57 on Binance with the hack. In some exchanges, the decline was up to $ 0.1.
Following the attack on CRV, exchanges suspended CRV deposits and withdrawals. Due to the lack of altcoin CRV liquidity, there have also been interesting price movements on some exchanges. Following the suspension of withdrawals and deposits, the CRV price began to trade at a high premium on South Korea-based cryptocurrency exchanges Bithumb and Upbit.
Crazy price fluctuations on South Korean stock exchanges
parofix.com When we look at the Bithumb exchange, we see that the CRV/KRW price has increased by 800%. Accordingly, this increase brought the price of the altcoin CRV to KRW 7630, that is, $ 6. The situation became really interesting while writing the article.
Accordingly, the price of the altcoin CRV on the Bithumb exchange has come to about $ 4.65. On the other hand, the price on Binance and other exchanges is very low. It is Trading at $0.63.
Altcoin Curve Finance tackles hack
Curve is a major liquidity provider for DeFi. Accordingly, the incident that occurred here is closely followed by the whole sector. Altcoin Curve Finance confirmed that 4 liquidity pools were hacked in its latest update and asked investors to exit these pools. The announcement reads.
Industry leaders announce support
Justin Sun points out that the altcoin CRV is important to the DeFi ecosystem. He also said their support is with the CRV team and other protocols. The recent altcoin CRV attack highlighted the vulnerabilities in the DeFi space.
parofix.com
