Curve DAO (CRV) price drops as Curve Finance battles DNS attack

Curve Finance DNS hijack redirected users to a malicious clone site. CRV price has slid about 7.7% as investors panicked and dumped tokens. Curve Finance plans migration from DNS to ENS to enhance front-end security. Late on May 12, Curve Finance warned in an X post that its “curve.fi” domain might be hijacked, and users […]

Curve Finance Sees Significant Growth With 105% User Increase and Institutional Interest

Curve Finance, a decentralized exchange (dex) focused on stablecoin trading, ended 2024 with $2.4 billion in total value locked (TVL) and a doubled user base, growing from 30,000 in 2023 to 60,000. Bridging Institutional Capital Into the Defi Ecosystem According to a 2024 Curve Finance analysis shared with Bitcoin.com News the decentralized exchange (dex) platform […]

Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement

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 […]

Curve Finance considers dropping TUSD from crvUSD backing amid SEC charges

Curve Finance is considering dropping TUSD from crvUSD backing amid SEC charges. The SEC alleges TUSD was mostly backed by a risky offshore fund, not U.S. dollars. Proposed changes include reducing TUSD backing to zero and lowering PYUSD minting. In light of recent regulatory scrutiny, Curve Finance, a prominent decentralized exchange (DEX), is contemplating the […]