CRV sold by Curve founder OTC may be unlocked within 2 weeks
On January 22nd, it was reported that CRV sold by the founder of Curve through OTC may be unlocked within 2 weeks. The founder of Curve previously conducted OTC transactions of CRV 6 months ago at an average price of $0.4 to repay on-chain loans. It was confirmed at the time that the tokens sold had a 6-month lock-up period. Previously reported on August 23rd, Michael Egorov, the founder of Curve Finance, stated that he believes CRV OTC buyers will adhere to the 6-month lock-up commitment and that there will be no negative impact for those who violate it. Since August 1st, the founder of Curve has sold a total of 157.4 million CRV tokens to 33 investors/institutions, raising $62.96 million in funds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Oil prices surging again as Trump threatens Iran Supreme Leader, demands “unconditional surrender”
Share link:In this post: Trump demanded Iran’s “unconditional surrender” and called Khamenei an “easy target” on Truth Social. Oil prices jumped over 2.5% to $73.6 as U.S.-Iran tensions escalated after Israel’s strike. The US is sending more warships to the Middle East, and shipowners are avoiding the Strait of Hormuz.
Ferrari pushes second EV launch to 2028 as luxury EV demand flounders
Share link:In this post: Ferrari delayed plans for its second fully electric model in 2026 to at least 2028 because of a lack of demand for high-performance luxury EVs. Ferrari has sold hybrid models since 2019 and will unveil its first EV in October this year in a three-stage process, which will wind up in a world premiere in spring next year. Aston Martin also pushed back its first electric car from 2025 to 2026 due to low consumer demand but promised to continue with its plug-in hybrid line.
Tesla stock plunges after report says Cybertruck and Model Y production paused
Share link:In this post: Tesla is pausing Cybertruck and Model Y production in Austin for a week starting June 30. This is the third production halt at the factory in the past year. The company plans to launch a robotaxi service in Austin using Model Y vehicles on June 22.
Shiba Inu Slides to Two-Month Low as Trump Downplays Iran Truce
Trending news
MoreCrypto prices
More
