Tomorrow, November 15, 2024, Starknet will unlock 64 million STRK tokens, which is about 3.95% of its total circulating supply. This unlock is important because it allows early contributors and investors to access funds that were previously locked away.
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.
StarkWare, the main developer firm behind Starknet, had shared in July that it would introduce a proposal for staking on the blockchain, but had not previously fixed the date of the rollout.
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.
Ethereum's co-founder Vitalik Buterin deposits 2.09 million STRK tokens on Binance.
TL;DR Vitalik Buterin deposited 2.09 million STRK tokens on Binance, resulting in a loss of approximately $714,000. This deposit follows its investment in StarkNet's seed funding round in 2018. The STRK transfer was made when the tokens were worth $799,000, while five months ago they were worth $1.51 million.
As Starknet (STRK) cryptocurrency is getting closer to losing its place in the top 100, Vitalik Buterin sent a massive 2.09 million STRK deposit to Binance (BNB). The asset almost touched a new all-time low before today's crypto surge.
Starknet roadmap is focusing on reducing network fees with upgrades planned through 2025.
In early August this year, the Starknet Foundation appointed James Strudwick as Executive Director following Diego Oliva's departure. Since joining the foundation in January, Strudwick has brought a renewed vision centered on Starknet's technological advancement, accessibility for developers, and global outreach.
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.
TL;DR Starknet hit a new record of 857 TPS on its mainnet during a stress test. The test averaged 127.5 TPS over a 24-hour period, showing its potential for high-demand applications. StarkWare CEO Eli Ben-Sasson says Starknet's scalability is real and further developments are expected by 2025.
Starknet, the Ethereum layer-2 network, has hit a new transaction per second (TPS) milestone that outstrips that of other L2s. On Oct. 29, the project announced on X that its network reached a peak of 857 TPS on the Starknet Mainnet, surpassing its previous high of 503 TPS.
Starknet's new TPS record hints at scaling potential for Ethereum but raises key questions about real-world scalability.
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.
The cryptocurrency universe prepares for another bearish market wave for certain altcoins, raising investor concerns globally. Recent data from the Token Unlocks app indicated that nearly $300M worth of tokens are set to be released into the market over the coming week.
Curve Finance and the TON Foundation have launched a joint hackathon to advance their Stable Swap Project on the TON blockchain.
Starknet (STRK) faces huge losses as it follows the market-wide correction phase that shook investor portfolios. The unexpected movement caused the token to fall by nearly 16% causing a whopping $87k wipeout of STRK long positions in the past 24 hours.
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.
Starknet's STRK token has lost nearly 10% of its value just a week after the ZK-Rollup platform initiated its first phase of staking. Currently trading at $0.38, STRK's price has dropped 16% in the past 24 hours, making it the third-largest loser behind Beam (BEAM) and Arweave (AR).
Starknet (STRK) has made headlines recently with a remarkable 29.74% gain over the past three days. However, as the price approaches critical resistance levels, the question on many investors' minds is: what's next for Starknet?
The rapidly evolving realm of blockchain technology, scalability and privacy stand as pivotal elements for the success of any network. As decentralized applications continue to rise in popularity, effective solutions that improve transaction efficiency are essential.
The long/short accounts ratio fell dramatically in the past two days to show profit-taking activity.
Starknet (STRK) recently launched the first phase of its staking program, triggering a 10% price surge in just one day. This sudden price movement has attracted the attention of traders, as the token approaches key resistance levels.
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.
Starknet shows bullish potential as trading volume and open interests increase.
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.
Starknet has commenced the first phase of staking as it moves towards transitioning to a fully decentralized proof-of-stake network. On Sept. 25, the zero-knowledge rollup layer 2 network announced that Starknet (STRK) staking had begun.
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.