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.
Story Highlights The live price of the ETC crypto is . Ethereum Classic coin Price could reach a maximum of $55 by the end of 2024. With a potential surge, the ETC price may go as high as $158.76 by the end of 2030.
The long liquidations below $20 could see ETC dip southward before the breakout past $22.
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.
EOS has announced its roadmap for 2024-2025, emphasizing scalability, developer efficiency, and cross-chain interoperability through significant upgrades across its ecosystem.
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.
The EOS Network Foundation has introduced Spring 1.0 and the Savanna consensus algorithm, promising advancements in finality, scalability, and security for the EOS blockchain.
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.
Ethereum Classic (ETC) is currently at a pivotal moment in its trading journey. The altcoin has faced an 8% dip over the past 48 hours, bringing it to a critical support level within a symmetrical triangle pattern.
The EOS Network has completed its Spring 1.0 hard fork and launched the exSat mainnet, marking significant milestones in its development. Key updates were discussed during the October Block Producer meeting.
ETC tests key support as whale activity and social dominance surge.
Ethereum Classic (ETC) is capturing the attention of investors and analysts alike. Recent market trends suggest that ETC may be poised for a potential rally, especially with increasing social activity and a favorable technical setup.
Can Ethereum Classic surge past $20 with rising social activity?
EOS, a digital asset designed to support decentralized applications (d Apps) on the EOS.IO platform. With the live price of EOS hovering around $0.48, many investors are wondering whether now is the right time to buy EOS and hold for the long term.
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.
ETC faces bearish risk, but trendline break hints potential rally ahead.
Decentralize with Cointelegraph is joined by Bart Wyatt of the Eos Network Foundation to explore blockchain's journey from a decentralized ledger to a transformative technology.
Bitcoin's prospects for a bullish Q4 remain intact, despite recent market turbulence stemming from escalating tensions in the Middle East and robust U.S. jobs data.
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.
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.
The EOS Network completes its historic hard fork to Spring 1.0, implementing the Savanna consensus algorithm to achieve 1-second transaction finality.
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.
EOS price has recently experienced a notable surge, entering a strong bullish phase. The cryptocurrency is showing signs of increased momentum, as it eyes further gains in the market.
EOS Network has successfully completed its Spring 1.0 upgrade, a hard fork that has introduced 1-second transaction finality to the blockchain network. On Sept. 25, the EOS Network (EOS) announced that the upgrade to Antelope Spring 1.
TL;DR EOS Network has successfully launched its Spring 1.0 update, introducing the Savanna consensus algorithm and reducing the transaction finality time to just one second. The transition to Spring 1.0 was made possible thanks to the collaboration of block producers and extensive beta testing.
With the launch of Spring 1.0, the EOS Network strengthens its foundation for future development and growth.
EOS has successfully upgraded its network to Spring 1.0, introducing a host of performance enhancements and new capabilities. Chief among these is greater performance, reliability, and speed delivered thanks to the new Savanna consensus algorithm.
EOS Network launches its Spring 1.0 upgrade, introducing the Savanna consensus algorithm and achieving 1-second transaction finality.
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.
EOS, a prominent player in the world of decentralized applications (dApps), is known for its scalable blockchain and innovative technology. EOS has faced both significant growth and challenges.
EOS has maintained bullish movements after block producers approved the Spring 1.0 hardfork, scheduled for 25 September execution. The upgrade will modernize the blockchain with a new consensus mechanism and migration from web2 to web3. Further, the EOS platform will experience enhanced scalability, network security, efficient governance, and instant transaction finality.