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.
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.
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.
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.
IOTA could ride the real-world assets surge and decentralized finance traction to gain. Meanwhile, as cryptocurrency prices rise amid Bitcoin's surge to $66k, altcoins such as Kava (KAVA) and Enjin (ENJ) could follow suit. Bitcoin spot ETFs record $366m in net inflows US spot Bitcoin ETFs saw $365.
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.
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.
TON Foundation announced a partnership with leading DEX Curve Finance to launch a stable swap project on TON. According to the TON Foundation, the collaboration aims to create new opportunities on the TON network by utilizing Curve's CFMM technology for trading Stablecoin.
TON Foundation and Curve Finance partner for a stablecoin swap project, amid growing demand for stablecoins.
TON Foundation partnered with Curve Finance on September 17 to develop a stablecoin swap project on the TON blockchain.
The TON Foundation has teamed up with decentralized exchange Curve Finance to foster a novel TON-based stable swap project. This initiative is set to facilitate enhanced stablecoin trading on the TON blockchain.
TL;DR The TON Foundation and Curve Finance have announced a collaboration to develop an innovative stablecoin swap project.. The project aims to reduce slippage and volatility in stablecoin swaps, improving liquidity and efficiency. The collaboration responds to the growing demand for stablecoins on TON and aims to offer a more efficient trading experience.
TON Foundation is collaborating with decentralized finance (DeFi) protocol Curve to launch and develop a stablecoin swap project on The Open Network (TON) blockchain.
The TON Foundation has announced a partnership with Curve Finance to incubate a new TON-based stable swap project.
The TON Foundation and Curve Finance have announced a new collaboration to incubate a stable swap project on the TON blockchain, according to a Sept. 17 statement shared with CryptoSlate.
The partnership introduces Curve Finance's CFMM technology to TON, optimizing stablecoin swaps with reduced price volatility and slippage.
Starknet implements dynamic minting for STRK tokens, balancing staking incentives and token supply with community backing.
Binance announces the suspension of ENJ token deposits and withdrawals for a network upgrade on September 9, 2024. Trading activities will remain unaffected.
Transaction volume in Ethereum decentralized exchanges bounced back even as cryptocurrency prices retreated. Ethereum DEX had robust activity According to DeFi Llama, the volume in Ethereum (ETH) rose by 18% to $9.88 billion as that in other chains retreated.
The DAO community governing Curve finance is on the verge of approving a 21 million CRV (about $6 million) 1-year funding proposal from Swiss Stake AG, Curve Finance's lead development team headed by the protocol's founder Michael Egorov.
Cryptocurrencies faced significant bearish pressure on Friday, with Bitcoin briefly dropping below the $58,000 mark, hitting $57,994. Although bulls quickly reclaimed the $58,300 level, the altcoin market bore the brunt of the decline, with Enjin, Dent, and EOS leading the downturn.
TL;DR DWF Labs has sold its entire Curve DAO (CRV) token at a loss of 17.5%. CRV price has fallen by more than 45% so far this year and has dropped out of the top 100 cryptocurrencies. Curve DAO founder has requested additional funding to continue developing the platform.
DWF labs offloaded all of its over-the-counter bought Curve DAO Token (CRV) to Binance, booking a loss of 17.5%. The crypto trading firm acquired the CRV tokens it liquidated from Curve's founder, Michael Egorov, at around $0.40 during last year's liquidation fiasco.
CRV has successfully retested the breakout level, and now targets new highs at $0.5.
Curve DAO members have raised concerns over a recent proposal by Curve Finance founder Michael Egorov, who has requested 21 million CRV tokens, valued at approximately $6.3 million, to support ongoing development efforts.
Michael Egorov, the founder of Curve Finance, introduced a governance proposal on Monday requesting substantial funding to support ongoing development through his company Swiss Stake AG.
Curve Founder Michael Egorov seeks funding for his company in a proposal marks a departure from Curve DAO's usual operations.