Curve founder Michael Egorov says Binance’s $6.36B breach shows why crypto needs DeFi

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Curve DAOCRV it is the asset of the company or protocol in the event

Curve DAO fell 1.3% in the 4 hours after the first headline, after falling 0.4% in the 2 hours before.

$0.2870 price at the headline
-0.4% 2 h before
-1.3% 4 h after
-1.3% 12 h after
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Oct 30 16:45

Thefts of a similar size

WhenWhat happenedFigure
5.9 years ago LuBian · Weak key generation incident $3.5B
5.6 years ago Thodex · Scam incident $2.5B
5.4 years ago Africrypt · Scam incident $2.3B
6.4 years ago Wirecard · Scam incident $2.1B
5.2 years ago BitConnect · Scam incident $2B

4285 incidents stored · 0 were as large as this one or larger ($6.4B)