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Crypto Sector Reeling From Curve Finance Exchange Token Crisis
The native token of Curve Financingone of the leading decentralized exchanges in the cryptocurrency industry, has fallen to an all-time low.
CRV slipped 38.2% to around 22 US cents on Thursday before paring some of the decline to trade at 26 cents as of 1:55 p.m. in Singapore, according to data compiled by Bloomberg. This is the lowest price ever recorded for the token, according to data from CoinGecko.