Curve Finance Warns: CRV Airdrop News is Confirmed Scam

TheCryptoTimesPubblicato 2025-10-31Pubblicato ultima volta 2025-10-31

Curve Finance has issued a public safety announcement to its community, warning that no official CRV airdrop is currently being conducted or planned. 

The official Curve X account directly addressed the circulating rumors, stating, ” The answer is NO, and any messages about a CRV airdrop are scams!”

The warning comes amid several fake announcements and malicious links circulating across various X accounts. These fraudulent posts asked users to join their Telegram channels and promised unrealistic, high-value rewards like ‘$500 worth of CRV‘ to create a sense of urgency and FOMO. 

The Curve Finance team immediately advised the public to stay safe.

Previous fraudulent activity

This is not the first instance of fake news about the CRV airdrop. Back in May 2025, Curve’s official X account was briefly hacked by attackers who posted a tweet announcing the “first CRV airdrop” and urging users to register via a malicious link. 

Curve Finance’s founder, Michael Egorov, quickly confirmed the breach on his personal X account. “Confirmed: Curve X account hacked. No other account appears to be hacked – the control over the X account was just silently taken by someone,” Egorov stated.

The fake airdrop post has since been deleted, and the team quickly worked to regain control of the account.

Curve confirmed that despite the breach, its infrastructure, smart contracts, and user funds were not affected in any way. 

This serves as a reminder of the ongoing security threats in the crypto space. If a user connects their wallet or signs a transaction prompted by such malicious links, they risk having all the funds in their wallet stolen. Users are advised to ignore any airdrop request from an unverified source, especially those requiring immediate wallet connection or personal details, and always cross-reference on official accounts.

Also Read: Garden Finance Suffers $5.5M Hack Across Multiple Chains


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The article analyzes Bitcoin's sharp decline amid a shift in macroeconomic expectations, with strong US job data leading markets to price out Fed rate cuts. Bitcoin fell 13% to around $67,000, triggering significant outflows from US spot ETFs and indicating institutional de-risking. On-chain data confirms a bearish structure. Price has dropped back into the "bear market range," with the Short-Term Holder Cost Basis falling below a key mean level—a pattern last seen in early 2022. The profitability bias has collapsed, with loss realization now dominating, mirroring a panic wave from February. Recent buyers who accumulated near the $82k top are under pressure, and loss realization is accelerating across both short-term and long-term holder cohorts. Off-chain, the rally failed at the aggregate US ETF cost basis near $83k, turning it into resistance. Spot market demand has deteriorated sharply, with sellers dominating order books. While a major long liquidation event cleared over $400M in leverage, spot buyers have not returned to absorb supply. Options markets show sustained demand for downside protection (elevated put premiums) but not panic, with volatility premiums near three-month highs. The conclusion is that the market remains fragile, with overhead supply from trapped ETF investors, weak spot demand, and accelerating losses. Without a return of spot buying and a reclaim of key cost bases, Bitcoin is vulnerable to further downside within the prevailing bear market structure.

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