💣Potential CRV Liquidations Threaten DeFi Lenders
DeFi Alpha
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DeFi lending markets are on edge as the founder of Curve looks to stave off potential liquidations. Meanwhile, the SEC has filed a lawsuit against crypto-entrepreneur Richard Heart and his enterprises alleging misuse of investor funds.
We also unpack the effects of Litecoin's third block reward halving event and what this means for its miners and the overall network. Finally, USDT issuer Tether continues to profit from its massive holdings of US Treasury Bills.
✍️ In today’s newsletter:
- Curve founder scrambles to shore up CRV-backed loans
- SEC goes after Richard Heart
- Litecoin completes third halving
- Tether reports $850M Q2 profit
🎬 WATCH
Watch our video on the SEC's lawsuit against Richard Heart and HEX. And check out our podcast with Aya Kantorovich, the co-CEO and co-founder of Fractal.
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