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Arthur Hayes: Japanese Banks in Crisis Over Dollar-Yen Carry Trade Failures


Japanese banks, once secure in their financial strategies, are now facing severe challenges due to shifts in global monetary policies, as outlined by Bitmex co-founder Arthur Hayes in his latest blog post. These institutions are caught in a cycle of low yields and high hedging costs, which...

CRV Price Hits $0.35, Rebounding 41% From Recent Low Post-Founder Crisis


Curve DAO’s (CRV) price increased over 10% early Wednesday, hitting $0.35 and marking a 41% increase from its low since a recent liquidation crisis involving its founder. On-chain data revealed significant accumulation of CRV by whales this week, with reports indicating a particular increase...

Curve Token Falls 20% As Founder Faces Liquidation


The news about Michael Egorov, the founder of Curve.fi’s Decentralized Finance platform, going bankrupt has dramatically impacted the cryptocurrency markets. This event, in particular, is directly attributable to the CRV token due to Egorov’s non-payment of his $27 million debt. Therefore, there...

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