📄 Daily Recap: Curve Finance Founder Raises $5M, Libra Fallout Continues
▻ Curve Finance founder Michael Egorov raised $5M for his new project, Yield Basis, at a $50M valuation, aiming to optimize liquidity for BTC and ETH holders.
▻ Meteora co-founder Ben Chow resigned following backlash over his involvement with the LIBRA memecoin, while the platform launched an insider trading investigation.
▻ Argentina’s President Milei denied promoting LIBRA, claiming he only intended to "spread the word." The token collapsed 95%, and Milei now faces fraud charges.
▻ Hyperliquid launched HyperEVM on mainnet, introducing Ethereum-compatible smart contracts to its Layer 1 blockchain.
▻ Dave Portnoy mistakenly bought $170K of a fake LIBRA token, causing its price to spike 3,000%, before warning followers it would eventually go to zero.
