The VC firm had received a grant from the project in return for locking $40 million worth of liquidity in SYN.
Imperial College London announced a collaboration with AI startup FluidAI to tackle major issues in the crypto market such as liquidity aggregation.
The liquidation event saw one trader lose $55.9 million, while another saw $10 million worth of hedged positions get liquidated.
The exchange faces ongoing rumors about its stablecoins reserves and an alleged investigation by Chinese authorities.
The proposal drew mixed reactions from the community, with some criticizing the strategy for buying more CRV even as others are looking to shed exposure.
Protocol to identify ‘systemically important’ blockchain banks could help prevent a market crash: Study
After the collapse of Terra, the digital assets sector needed a way to identify critical nodes in the global DeFi community.
The Curve Finance exploit has created a liquidity crisis in the DeFi ecosystem, with several lending protocols rushing to minimize their exposure.
A vulnerability in the Vyper programming language widely used by DeFi protocols like Curve Finance led to exploit of multiple Curve liquidity pools on Sunday.
Developers claim Synquote handled one single trade of over $1 million of notional volume with no detectable slippage in its beta period.