Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

November 15, 2024 The Daily Hodl

Altcoins

A widely followed crypto analyst believes one decentralized finance (DeFi) altcoin is gearing up for a massive breakout. Pseudonymous crypto trader Credible Crypto tells his 434,600 followers on the social media platform X that the DeFi protocol Curve Finance/Bitcoin pair (CRV/BTC) is showing bullish divergence on the two-week chart. A bullish divergence, which suggests price […]

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Curve Finance, TON drive DeFi evolution with partnerships

November 5, 2024 Coin Telegraph

CFMM

2025 will be TON’s year of DeFi, and it has partnered with Curve Finance to support a competition to find early leaders.

The approaching new year will be the year of decentralized finance (DeFi) on The Open Network (TON) blockchain, developer TON Foundation has declared. Decentralized exchange Curve Finance joined in to start the process, and TON and Curve held a competition for DeFi teams to develop stable asset swaps using Curve Finance’s proprietary technology.

TON is completing what it calls the first tier of DeFi primitives, it announced in a blog authored by TON DeFi lead Vlad Degen. The author had in mind lending solutions, liquidity staking and Constant Product Market Maker protocols. Emerging second-tier projects include launchpads, options and derivatives, and:

As part of the partnership with Curve Finance finalized in September, a competition was held to develop Curve’s Constant Functional Market Maker (CFMM). This technology promises reduced price volatility and lower slippage.

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Centralized stablecoins may pose risk to DeFi — Curve Finance founder

October 30, 2024 Coin Telegraph

Coin Telegraph

As centralized US dollar-pegged stablecoins continue to gain popularity, the potential for regulatory capture has grown.

The potential risks of overcollateralized stablecoins have recently come into sharper focus. Michael Egorov, the founder of the decentralized borrowing and lending platform Curve Finance, explained that these risks are not necessarily the reserve-related risks commonly noted by investors, but geopolitical risks posed by government regulation.

In an interview with Cointelegraph, Egorov argued that the underlying assets backing collateralized stablecoins, including cash deposits in financial institutions and government securities, such as United States Treasury bills, are vulnerable to asset freezes and seizures.

United States Senator Bill Hagerty’s bill proposal to regulate stablecoins in the US. Source: US Senate

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Fake Curve Finance app scams users, tops global finance charts

October 26, 2024 Coin Telegraph

Apple Store

A fake Curve Finance app has infiltrated Apple’s app store, gaining popularity despite warnings from the community.

A counterfeit application posing as the decentralized finance (DeFi) platform Curve Finance has gained traction in the Apple app store, ranking among the top 100 finance apps on Oct. 26.

Despite being flagged by multiple users as a scam, the app is trending in regions including Europe, Latin America, New Zealand, the United States and Southeast Asia, putting unsuspecting users at risk.

However, the app’s poorly crafted store description could still impact vulnerable users. It states: “Curve defi v3 is an amazing app. Arrange the blocks to make a perfect row and clear it!”

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Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement

September 26, 2024 Bitcoin.com

bitcoin.com

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. TUSD Faces Removal From Curve Finance Pegkeeper The proposal, authored by Wormhole Oracle, suggests slashing the debt ceiling […]

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DeFi Altcoin Curve (CRV) Outpaces Crypto Market and Surges 30% This Week Amid Massive Inflation Rate Cut

August 18, 2024 The Daily Hodl

Altcoin

A decentralized finance (DeFi) altcoin is outperforming the broader crypto market this week, sparking a 30% surge amid inflation rate cuts. In a new blog post, DeFi protocol Curve Finance (CRV) says that for its fourth birthday, it is undergoing one of the most significant emissions reductions in its history, one that ends all emissions […]

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Curve Finance adopts crvUSD for fee distribution

June 28, 2024 Coin Telegraph

3crv

Curve Finance shifts from 3crv to crvUSD for fee distribution, enhancing the stablecoin’s utility and ecosystem integration.

Curve Finance has changed its fee distribution mechanism, transitioning from the 3cr token to its native stablecoin, crvUSD.

The move aims to improve crvUSD’s utility and integrate the stablecoin into the Curve Finance ecosystem to incentivize users.

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Curve CEO clears up UwU Lend hack, CRV burn misinformation

June 16, 2024 Coin Telegraph

bad debt repayment.

The Curve CEO clarifies misinformation about the UwU Lend hack and CRV token burn, outlining preventative measures and repayment of bad debt.

Michael Egorov, the founder and CEO of Curve Finance (CRV), has weighed in on the recent UwU Lend hack, explaining that the incident did not exploit Curve Finance itself.

In a Q&A with Cointelegraph, Egorov clarified that “this was not a Curve exploit. This was an exploit of a separate project [UwU Lend],” explaining:

Egorov highlighted measures to prevent future exploits, recommending that UwU Lend “re-verify all contracts and connect them to good security auditors” to hopefully recuperate losses.

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Curve Finance’s Michael Egorov says $10M in bad debt fully paid

June 15, 2024 Coin Telegraph

<div>Curve Finance's Michael Egorov says M in bad debt fully paid</div>

Coin Telegraph

The founder reassured the Curve community that he was "committed to building Curve more than ever," following a hack attempt.

Curve founder Michael Egorov says he has fully repaid the $10 million in bad debt resulting from soft liquidations that were triggered due to a hacking attempt on June 13.

Following the incident, Egorov took to social media to explain, “ [The] size of my positions was too large for markets to handle and caused $10M of bad debt,” before claiming he had already paid 93% of the debt.

The June 13 hack attempt resulted in soft liquidations of Egorov's positions due to a dramatic, temporary increase in borrowing costs. At the height of the crisis, Egorov faced $140 million in liquidations due to $95 million in stablecoin debt, and a $60 million annualized fee to keep his positions open.

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Curve Finance awards dev $250k for finding reentrancy vulnerability

May 1, 2024 Coin Telegraph

Awards

Curve Finance awarded cybersecurity researcher Marco Croc with its maximum bug bounty award of $250,000 after thoroughly investigating the security flaw.

A security researcher was rewarded $250,000 for discovering a vulnerability that has historically allowed hackers to pull out millions of dollars from cryptocurrency protocols.

Pseudonymous cybersecurity researcher Marco Croc from Kupia Security identified a reentrancy vulnerability in decentralized finance (DeFi) protocol Curve Finance.

In an X thread, he explained how the bug could be exploited to manipulate balances and withdraw funds from liquidity pools.

curve finance