{"id":545391,"date":"2023-08-02T08:15:12","date_gmt":"2023-08-02T08:15:12","guid":{"rendered":"https:\/\/wncen.com\/?p=545391"},"modified":"2024-06-11T08:59:14","modified_gmt":"2024-06-11T08:59:14","slug":"curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/","title":{"rendered":"Curve DAO (CRV) Price Recovery Post-Exploit: What Would Be A Realistic Scenario?"},"content":{"rendered":"

Curve DAO (CRV) has established itself as a prominent DeFi platform, renowned for providing ample liquidity, particularly for stablecoins. However, an unfortunate security breach occurred over the weekend, causing a significant decrease in both the total funds entrusted to Curve and the value of its native token, CRV, which serves as a means of transaction within the protocol.\u00a0<\/span><\/p>\n

According to a\u00a0<\/span>report<\/span><\/a>\u00a0from Bloomberg, this decline in CRV’s price has put the substantial sum of over $100 million in loans at risk of being liquidated, posing a serious challenge for Curve Finance’s founder, Michael Egorov.<\/span><\/p>\n

Related Reading: Dogecoin Price Prospects: Can The Memecoin Climb To The $0.1 Level?<\/a><\/div>\n

As news of the potential liquidation of the Curve Founder’s assets spread, the sentiment among investors turned increasingly fearful, resulting in a notable impact on the CRV market’s price action in recent days. Many are now questioning whether there is any hope for a recovery.<\/span><\/p>\n

\"\"<\/p>\n

CRV price action in the last week. Source: Coingecko<\/pre>\n
CRV Price Analysis: Mixed Trends Prompt Speculation On Sentiment<\/strong><\/h2>\n
According to CoinGecko<\/a>, the price of CRV currently stands at $0.563, reflecting a decrease of -2.40% in the last 24 hours. Additionally, over the past seven days, CRV has experienced a significant decline of 22.1%.<\/p>\n
Despite the recent uptick, a bearish sentiment overshadows the CRV token’s prospects. Notably, a fundamental support level lies at the $0.5 mark, which underwent testing in November and December 2022. <\/span><\/p>\n
Furthermore, a potential positive price response might be witnessed at the $0.32 support level from October and November 2020.<\/span><\/p>\n
<\/p>\n
CRV is currently in the red, with a price of $0.563 on the daily chart on TradingView.com<\/a><\/pre>\n
Unveiling Potential Shifts In Sentiment<\/strong><\/h2>\n
An intriguing observation comes from the\u00a0<\/span>CRV price report<\/span><\/a>, highlighting a sudden spike in previously dormant Open Interest (OI) charts within the past 48 hours. This occurrence coincided with a period of losses for the Curve DAO token on the chart. <\/span><\/p>\n
A noteworthy development emerged during the recent rebound from $0.5 as the OI continued its ascent. This phenomenon raises the question: could this point to a direction toward bullish sentiment?<\/span><\/p>\n
Related Reading: The Litecoin $95 Question: Is A Bullish Breakout In The Pipeline?<\/a><\/div>\n
As the CRV token navigates these mixed trends, market participants contemplate the interplay between short-term gains, historical support levels, and the evolving Open Interest dynamics. The complex mosaic of these factors will likely shape the sentiment and direction of CRV’s journey in the days to come.<\/span><\/p>\n
Egorov Responds To Contagion Concerns Amidst CRV Incident<\/strong><\/h3>\n
Meanwhile, Egorov talked to Bloomberg in the same report, shedding light on his strategic approach to mitigate the impact of the ongoing liquidation threat. He shared his focus on diminishing the sizes of his loans as a precautionary measure.<\/span><\/p>\n
Speaking about the potential contagion effects of the situation, Egorov conveyed his perspective in an email to the publication:\u00a0<\/span><\/p>\n
“I cannot comment much about contagion effects apart from saying that we, and I personally, work on minimizing or eliminating the impact,\u201d he wrote. \u201cIn any case, I think we and all DeFi will come out stronger surviving this event.”<\/strong><\/p><\/blockquote>\n
(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).<\/em><\/p>\n
Featured image from Bankless Times<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Curve DAO (CRV) has established itself as a prominent DeFi platform, renowned for providing ample liquidity, particularly for stablecoins. However, an unfortunate security breach occurred over the weekend, causing a significant decrease in both the total funds entrusted to Curve and the value of its native token, CRV, which serves as a means of transaction within the protocol.\u00a0 According to a\u00a0report\u00a0from Bloomberg, this decline in CRV’s price has put the substantial sum of over $100 million in loans at risk of being liquidated, posing a serious challenge for Curve Finance’s founder, Michael Egorov. Related Reading: Dogecoin Price Prospects: Can The Memecoin Climb To The $0.1 Level? As news of the potential liquidation of the Curve Founder’s assets spread, the sentiment among investors turned increasingly fearful, resulting in a notable impact on the CRV market’s price action in recent days. Many are now questioning whether there is any hope for a recovery. CRV price action in the last week. Source: Coingecko CRV Price Analysis: Mixed Trends Prompt Speculation On Sentiment According to CoinGecko, the price of CRV currently stands at $0.563, reflecting a decrease of -2.40% in the last 24 hours. Additionally, over the past seven days, CRV has experienced a significant decline of 22.1%. Despite the recent uptick, a bearish sentiment overshadows the CRV token’s prospects. Notably, a fundamental support level lies at the $0.5 mark, which underwent testing in November and December 2022. Furthermore, a potential positive price response might be witnessed at the $0.32 support level from October and November 2020. CRV is currently in the red, with a price of $0.563 on the daily chart on TradingView.com Unveiling Potential Shifts In Sentiment An intriguing observation comes from the\u00a0CRV price report, highlighting a sudden spike in previously dormant Open Interest (OI) charts within the past 48 hours. This occurrence coincided with a period of losses for the Curve DAO token on the chart. A noteworthy development emerged during the recent rebound from $0.5 as the OI continued its ascent. This phenomenon raises the question: could this point to a direction toward bullish sentiment? Related Reading: The Litecoin $95 Question: Is A Bullish Breakout In The Pipeline? As the CRV token navigates these mixed trends, market participants contemplate the interplay between short-term gains, historical support levels, and the evolving Open Interest dynamics. The complex mosaic of these factors will likely shape the sentiment and direction of CRV’s journey in the days to come. Egorov Responds To Contagion Concerns Amidst CRV Incident Meanwhile, Egorov talked to Bloomberg in the same report, shedding light on his strategic approach to mitigate the impact of the ongoing liquidation threat. He shared his focus on diminishing the sizes of his loans as a precautionary measure. Speaking about the potential contagion effects of the situation, Egorov conveyed his perspective in an email to the publication:\u00a0 “I cannot comment much about contagion effects apart from saying that we, and I personally, work on minimizing or eliminating the impact,\u201d he wrote. \u201cIn any case, I think we and all DeFi will come out stronger surviving this event.” (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Bankless Times<\/p>\n","protected":false},"author":557,"featured_media":545405,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1,3],"tags":[1144,87517,88553,89002,8686,4735],"class_list":["post-545391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all","category-news","tag-btcusd","tag-crv-price","tag-curve-dao","tag-curve-exploit","tag-ethusd","tag-price-action"],"acf":[],"yoast_head":"\nCurve DAO Price Recovery Post-Exploit: Realistic Scenario<\/title>\n<meta name=\"description\" content=\"Curve DAO (CRV) has established itself as a prominent DeFi platform, renowned for providing ample liquidity, particularly for stablecoins. However, an\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Curve DAO Price Recovery Post-Exploit: Realistic Scenario\" \/>\n<meta property=\"og:description\" content=\"Curve DAO (CRV) has established itself as a prominent DeFi platform, renowned for providing ample liquidity, particularly for stablecoins. However, an\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-02T08:15:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:59:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/a-1.jpg?fit=1200%2C800\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Christian Encila\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christian Encila\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/\"},\"author\":{\"name\":\"Christian Encila\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\"},\"headline\":\"Curve DAO (CRV) Price Recovery Post-Exploit: What Would Be A Realistic Scenario?\",\"datePublished\":\"2023-08-02T08:15:12+00:00\",\"dateModified\":\"2024-06-11T08:59:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/\"},\"wordCount\":521,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/a-1.jpg?fit=1200%2C800\",\"keywords\":[\"btcusd\",\"CRV Price\",\"Curve DAO\",\"Curve exploit\",\"ethusd\",\"Price action\"],\"articleSection\":[\"All\",\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/\",\"url\":\"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/\",\"name\":\"Curve DAO Price Recovery Post-Exploit: Realistic Scenario\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/a-1.jpg?fit=1200%2C800\",\"datePublished\":\"2023-08-02T08:15:12+00:00\",\"dateModified\":\"2024-06-11T08:59:14+00:00\",\"description\":\"Curve DAO (CRV) has established itself as a prominent DeFi platform, renowned for providing ample liquidity, particularly for stablecoins. However, an\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/a-1.jpg?fit=1200%2C800\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/a-1.jpg?fit=1200%2C800\",\"width\":1200,\"height\":800,\"caption\":\"Curve DAO\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Curve DAO (CRV) Price Recovery Post-Exploit: What Would Be A Realistic Scenario?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\",\"name\":\"Christian Encila\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"caption\":\"Christian Encila\"},\"description\":\"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.\",\"sameAs\":[\"jomarjet01\"],\"url\":\"https:\/\/wncen.com\/author\/jomarjet01\/\"}]}<\/script>\n","yoast_head_json":{"title":"Curve DAO Price Recovery Post-Exploit: Realistic Scenario","description":"Curve DAO (CRV) has established itself as a prominent DeFi platform, renowned for providing ample liquidity, particularly for stablecoins. However, an","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/","og_locale":"en_US","og_type":"article","og_title":"Curve DAO Price Recovery Post-Exploit: Realistic Scenario","og_description":"Curve DAO (CRV) has established itself as a prominent DeFi platform, renowned for providing ample liquidity, particularly for stablecoins. However, an","og_url":"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-08-02T08:15:12+00:00","article_modified_time":"2024-06-11T08:59:14+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/a-1.jpg?fit=1200%2C800","type":"image\/jpeg"}],"author":"Christian Encila","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Christian Encila","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/"},"author":{"name":"Christian Encila","@id":"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80"},"headline":"Curve DAO (CRV) Price Recovery Post-Exploit: What Would Be A Realistic Scenario?","datePublished":"2023-08-02T08:15:12+00:00","dateModified":"2024-06-11T08:59:14+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/"},"wordCount":521,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/a-1.jpg?fit=1200%2C800","keywords":["btcusd","CRV Price","Curve DAO","Curve exploit","ethusd","Price action"],"articleSection":["All","Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/","url":"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/","name":"Curve DAO Price Recovery Post-Exploit: Realistic Scenario","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/a-1.jpg?fit=1200%2C800","datePublished":"2023-08-02T08:15:12+00:00","dateModified":"2024-06-11T08:59:14+00:00","description":"Curve DAO (CRV) has established itself as a prominent DeFi platform, renowned for providing ample liquidity, particularly for stablecoins. However, an","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/a-1.jpg?fit=1200%2C800","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/a-1.jpg?fit=1200%2C800","width":1200,"height":800,"caption":"Curve DAO"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Curve DAO (CRV) Price Recovery Post-Exploit: What Would Be A Realistic Scenario?"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80","name":"Christian Encila","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","caption":"Christian Encila"},"description":"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Curve DAO (CRV) Price Recovery Post-Exploit: What Would Be A Realistic Scenario?","url":"http:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/a-1.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/a-1.jpg?fit=1200%2C800"},"articleSection":"All","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["btcusd","crv price","curve dao","curve exploit","ethusd","price action"],"dateCreated":"2023-08-02T08:15:12Z","datePublished":"2023-08-02T08:15:12Z","dateModified":"2024-06-11T08:59:14Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Curve DAO (CRV) Price Recovery Post-Exploit: What Would Be A Realistic Scenario?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/curve-dao-crv-price-recovery-post-exploit-what-would-be-a-realistic-scenario\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/a-1.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/a-1.jpg?fit=1200%2C800\"},\"articleSection\":\"All\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"btcusd\",\"crv price\",\"curve dao\",\"curve exploit\",\"ethusd\",\"price action\"],\"dateCreated\":\"2023-08-02T08:15:12Z\",\"datePublished\":\"2023-08-02T08:15:12Z\",\"dateModified\":\"2024-06-11T08:59:14Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/a-1.jpg?fit=1200%2C800","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/545391"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=545391"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/545391\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/545405"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=545391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=545391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=545391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}