Story Highlights The live price of the Chiliz token is . Chiliz price could soar to a maximum of $0.15 by the end of 2024. CHZ price with a potential surge could go as high as $2.67 by the end of 2030.
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.
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.
Binance announces the cancellation of the planned fourth airdrop snapshot for Chiliz (CHZ) holders, affecting the distribution of 1000PEPPER tokens.
Chiliz chief strategy officer Max Rabinovitch recently discussed Ethereum co-founder Vitalik Buterin's efforts to address centralization in Ethereum's validation structure. In an interview with crypto.
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.
Chiliz has announced that its SportsFi platform, Socios.com, has received preliminary approval from the Malta Financial Services Authority (MFSA) for a Class 3 Virtual Financial Assets Act (VFAA) license, allowing it to provide digital asset services.
A fake Curve Finance app has infiltrated Apple's app store, gaining popularity despite warnings from the community.
While Class 3 license holders cannot operate a VFA exchange, Socios.com will provide various VFA services, including asset custody.
Socios.com secures Malta's in-principle approval for a class 3 crypto license.
A Class 3 VFAA license would allow Socios.com to provide any digital asset service and hold or control clients' assets as they provide a virtual financial asset service.
Cryptocurrency Prices Today, October 16: The broader market's movement on Wednesday sparked mixed speculations globally. While Bitcoin (BTC) price topped the $67K level over the past day, top altcoins mainly illustrated a volatile movement.
The global crypto market staged a recovery last week, posting a 2.79% increase and closing with a market capitalization of $2.21 trillion. This surge added $60 billion to the market's overall valuation.
Chiliz (CHZ) has recently showcased a remarkable resurgence, adding over 10% to its price and securing its spot as the top gainer among the top 100 cryptocurrencies. As the cryptocurrency market experiences rising volatility, many are left wondering if CHZ can sustain this momentum and potentially reach its yearly high of $0.170 in the upcoming quarter.
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 mix of signals from the data from the past 24 hours showed that the short-term bias was bearish.
CHZ, the native cryptocurrency of the sports blockchain platform Chiliz, is witnessing a strong surge following crypto exchange Binance announcing support for the airdrop of the PEPPER crypto token with some exciting rewards to Chiliz holders. As a result, the Chiliz price has shot up by 13% moving all the way to $0.07227 with its
It's an airdrop season! Before any airdrop, the platform receives huge attention as the traders jump in to accumulate at discounted prices. A similar trend has been observed as yet another airdrop is making huge rounds within the markets. Chiliz, which displayed a remarkable rise from $0.01 to as high as $0.
After displaying a consolidated price action for a brief period, the Chiliz price has regained momentum by adding over 10% to its portfolio within a short period. With this, this altcoin has secured the first position in the daily top gainers list among the top 100 cryptocurrencies.
Binance has hinted at the support for the Pepper airdrop for Chiliz holders.
Chiliz, the largest blockchain network for sports and entertainment, surged to its highest point in three months. The Chiliz (CHZ) token broke a crucial resistance, reaching an intraday high of $0.072, its highest level since July 22.
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.
The Chiliz blockchain is aiming to become "the sports blockchain," its CEO Alexandre Dreyfus told CoinDesk in an interview, while also calling out the disproportionate historical hype around NFTs in comparison to fan tokens.
Binance will apply a new “risk warning” banner and pop-up notification to several tokens on its platform, the exchange announced on Oct. 1.
Chiliz established a new subsidiary to fruitfully expand the blockchain's infrastructure into mainstream sports.
The new independent division promotes synergies and business opportunities.
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.
The world of DeFi is rapidly evolving, and one of the most anticipated crypto partnerships is the one between the Ton Foundation and Curve Finance.
The inaugural program will be a training course that will begin in October 2024.
Story Highlights The live price of the CRV token is . The Curve DAO price could hit $0.56 in 2024. CRV price with a potential surge, may reach $3.36 by 2030. With the price of Bitcoin reclaiming the $62,000 mark, the altcoins are doing well.