Curve clocked annualized revenues of nearly $37 million during the past 30 days, according to Token Terminal.
As Bitcoin (BTC) price struggles to reach $100k, the altcoin industry, excluding Ethereum (ETH), has been gaining bullish momentum in the past few weeks. The rise of Ripple Labs-backed XRP to the third most valuable cryptocurrency by market cap has reminded investors of the high volatility in the altcoin space.
One of the biggest moves comes from BlackRock, the world's largest asset manager. They've partnered with Curve and Elixir on a $533 million DeFi fund.
Theta Network's THETA token has surged 158.86% over the past month to reach $2.8, accompanied by record-high futures open interest of $111.9 million and a 442% increase in trading volume.
Theta Network (THETA) has been riding a strong upward momentum, with a significant 158.86% surge in the past month. The token recently hit an 8-month high of $3.1, after starting the month at just $1.25.
Theta Network has experienced a strong upward momentum over the past month, hiking by 158.86%.
Altcoins record impressive gains as all eyes shift to the anticipated “alt season” amid declining Bitcoin dominance. Meanwhile, the artificial intelligence sector appears early to the party. While BTC consolidated around $96K in the past few days, Theta Network's (THETA) price climbed to 12-month peaks.
Theta Network's latest rally comes on the back of derivatives traders as its open interest hit a new all-time high.
THETA jumps to $2.88 with a 25% surge in the last 24 hours!
Theta Network (THETA) price soared to a 12-month high of $3.08 in the last 24 hours after establishing support at an intraday low of $2.28. This rally drove THETA's market capitalization up by 25% to $3.10 billion, while its 24-hour trading volume spiked by 351% to $548.37 million.
Curve Finance has launched Curve-Lite, a decentralized exchange (dex) powered by the Ethereum layer two (L2) scaling solution Taiko, emphasizing scalability and cost-effectiveness for decentralized finance (defi) users. Curve-Lite: A Scalable Defi Solution Debuts on Taiko Curve Finance has introduced Curve-Lite, a decentralized exchange (dex) instance utilizing the L2 Ethereum scaling solution Taiko.
The upcoming year is expected to be highly volatile for AI coins as the new administration implements policies to tackle economic challenges.
Token holders can mint deUSD against BUIDL, BlackRock's onchain money fund, and swap on Curve, a popular DEX.
Bittensor and Theta have also recorded double-digit gains in the past 24 hours, hitting levels that bulls could strengthen at to add to the upside momentum. Meanwhile, the global crypto market cap has jumped 2% to $3.37 trillion, benefitting from Bitcoin's spike above $97,000.
Bitcoin (BTC) recovered from a low of $91,400 late on Wednesday to climb back above $95,000. However, the cryptocurrency faces considerable downward pressure after failing to climb above $100,000.
Bitcoin (BTC) surged to a new all-time high early today as it rose to $97,000 before losing momentum and registering a marginal decline to fall to its current level. The world's largest cryptocurrency is up almost 3% over the past few hours as it maintains its rally despite facing recent selling pressure, with analysts expecting a move past $95,000 is imminent and could happen within a couple of sessions.
TL;DR Curve Finance launches scrvUSD, a new stablecoin designed to offer low-risk returns and enhance the scalability of its underlying stablecoin, crvUSD. scrvUSD generates returns through lending and staking strategies, providing users with interest derived from yield-generating activities.
The DeFi platform Curve Finance has announced the launch of a new stablecoin called "Savings crvUSD" (scrvUSD).
Ensuring that decentralized finance platforms and networks do not remain siloed is a key hurdle for DeFi applications to overcome.
Latest updates on CRO, THETA, and JASMY coins.
A fraudulent app impersonating Curve Finance has resurfaced on the Apple App Store, misleading users and causing massive financial losses despite previous removals, highlighting ongoing issues with app store security in the crypto space. The post Fake Curve Finance App Returns to App Store appeared first on Cryptonews.
A Curve Finance scam app resurfaced on Apple's App Store for the third time, continuing to deceive users with false claims of token swaps.
Despite repeated takedowns, the fake Curve Finance app has returned to Apple's App Store, with reports of user losses intensifying.
2025 will be TON's year of DeFi, and it has partnered with Curve Finance to support a competition to find early leaders.
2025 will be TON's year of DeFi, and it has collaborated with Curve Finance to support a competition to find early leaders.
As centralized US dollar-pegged stablecoins continue to gain popularity, the potential for regulatory capture has grown.
Theta Labs has announced a multi-year partnership with the University of Oregon's artificial intelligence research facility, Distopia Laboratory. The Theta Labs team revealed the collaboration in a blog post published on Oct.
A deceptive app imitating the DeFi platform Curve Finance recently surged in popularity on the Apple App Store, ranking within the top 100 finance apps as of Oct. 26.
Curve Finance is not new to scams, with previous fake apps targeting its user base. Users are urged to verify app sources to safeguard their cryptocurrency assets.
A counterfeit app replicates Curve's finance logo, putting users at risk.
A fake Curve Finance app has infiltrated Apple's app store, gaining popularity despite warnings from the community.
The blockchain ecosystem rapidly evolves, offering new opportunities and solutions across multiple industries. Among the emerging platforms, Qubetics, Theta, and ArkenStone stand out for their innovative contributions to decentralized privacy, video streaming, and decentralized finance (DeFi).
Curve DAO (CRV) has experienced a bullish uptick following a partnership between Curve Finance with the TON Foundation. According to a press release issued on October 11, the collaboration aims to boost stablecoin trading on the TON blockchain by utilizing Curve's established market-maker solutions.
Curve Finance and the TON Foundation have launched a joint hackathon to advance their Stable Swap Project on the TON blockchain.
The live price of Theta Network (THETA) stands at $1.305, reflecting a 4% increase over recent days. With the rising interest in decentralized streaming platforms, investors are keenly observing whether THETA can reach its predicted highs in the coming years.
A widely followed cryptocurrency analyst and trader is turning bullish on a top Ethereum (ETH) rival while offering his insight on XRP and decentralized finance (DeFi) protocol Curve DAO (CRV).
Bank of Japan Governor Kazuo Ueda's efforts to lift rock-bottom borrowing costs face fresh challenges as a yen rebound and the new political leadership's preference for loose monetary policy raise the hurdle for rate hikes.
Decentralized Physical Infrastructure Networks (DePin) are transforming the tech by enabling decentralized projects in real-world infrastructure.
With EdgeCloud for Mobile, users can now contribute their phone's GPU power to help Theta's decentralized network. In return, they can earn TFUEL tokens.
Curve Finance proposed the complete removal of TUSD from the crvUSD ecosystem after the US SEC charged TrueCoin with investor fraud. In addition, the DEX proposed reducing the overreliance on PayPal's pyUSD as collateral.
The proposal suggests reducing TUSD's collateral backing to zero, effectively ending its support for crvUSD if approved.
TL;DR Proposal to Remove TUSD: Curve Finance is considering removing TrueUSD (TUSD) from crvUSD's collateral due to regulatory issues and concerns about TUSD's stability. Limiting PYUSD: The proposal also suggests reducing the minting capacity of crvUSD with PayPal's PYUSD from $15 million to $5 million to diversify and secure the collateral portfolio.
Curve Finance's potential removal of TUSD as collateral underscores the DeFi sector's need for robust risk management and regulatory adaptability. The post Curve Finance considers dropping TrueUSD from crvUSD collateral appeared first on Crypto Briefing.
“crvUSD is overexposed to minor stablecoins, especially TUSD which has a dubious track record and has recently been charged by the SEC with defrauding investors,” the proposer wrote.
DEX Curve Finance is assessing a proposal to lessen its dependence on TUSD stablecoin after the US SEC dropped charges against issuers Truecoin and Trusttoken. The regulator alleged that the entities violated securities policies by using risky offshore funds to back 99% of TrueUSD's reserves, raising worries about the crvUSD's stability.
Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TUSD following the resolution of U.S. Securities and Exchange Commission (SEC) charges against Trusttoken Inc. and Truecoin LLC, the companies behind the dollar-pegged token.
The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to back Curve's stablecoin.