ChainCatcher news, according to monitoring by PieShield, Curve Finance founder Michael Egorov's marked address (0x7a16...5428) has been liquidated for 918,830 CRV (a total of $882,660).

ChainCatcher news, according to Spot On Chain monitoring, Curve Finance founder Michael Egorov has purchased approximately 1.08 million CRV tokens at an average price of $1.114 over the past 3 hours, totaling about $1.2 million. This is Egorov's first large-scale buyback since the liquidation event on June 13.

ChainCatcher news, Curve Finance announced that crvUSD has regained its peg.In addition, the final proposal for Curve Finance's reward date is now live, and the first 1,000 voters will receive a 1.5x annual yield boost.

ChainCatcher news, DL Research posted on X that Curve Finance's decentralized stablecoin crvUSD has generated $18 million in fees since its launch in June, with a market cap reaching $66 million.Previous report, CurveDAO launched the yield-bearing stablecoin Saving crvUSD (scrvUSD), which has reached $6.6 million in deposits as of the time of publication.Curve Finance clarified: "Since the fee distribution switched to crvUSD in June, this fee has been generated. The crvUSD itself was launched in May 2023, and more fees have been generated since then."

ChainCatcher news, Curve Finance stated on platform X that counterfeit applications impersonating Curve Finance are still operational, and Apple has yet to remove this counterfeit app (which was immediately requested to be taken down after its appearance). Curve Finance has never launched an official app on the App Store.ChainCatcher previously reported that a fraudulent application named "Curve defi v3," developed by "Tao Duong Van," misleads users by mimicking the branding and features of the DeFi platform Curve Finance, and it ranks among the top 100 financial applications in the Apple App Store. Despite being flagged as a scam by multiple users, the app remains popular in regions such as Europe, Latin America, New Zealand, the United States, and Southeast Asia, putting unsuspecting users at risk.

According to ChainCatcher news and reported by Cointelegraph, the decentralized exchange Curve Finance is considering removing TrueUSD (TUSD) from its collateral list for the stablecoin crvUSD. This move stems from the U.S. Securities and Exchange Commission (SEC) filing securities law violation charges against TUSD issuer TrueCoin on September 24.The SEC alleges that TrueCoin falsely advertised that TUSD is fully backed by U.S. dollars or equivalent assets, while in fact, as of September 2024, 99% of TUSD reserves are invested in high-risk offshore funds. The Curve community has proposed to reduce the collateral cap for TUSD as crvUSD collateral to zero and to lower the collateral cap for PayPal's stablecoin PYUSD from $15 million to $5 million.Currently, WBTC and wstETH are the largest sources of collateral for crvUSD, locking approximately $68 million and $60 million, respectively.

ChainCatcher news, Curve Finance officially announced that the inflation rate of CRV has been reduced to 6.35%, which is 375,000 CRV per day.

ChainCatcher news, the Bitcoin L2 network Mezo announced on social media that it will continue to build its BitcoinFi business through Curve Finance's crvUSD. Starting today, users can stake crvUSD to generate Mezo scores, increase BTC scores, and earn Curve community reward points.Mezo added that users can deposit crvUSD into the Mezo Portal through the official Curve login page or use the main code "CURVE" to earn:Monthly distributed Curve community reward points;Mezo HODL Score.According to the Web3 asset data platform RootData, Mezo developer Thesis has completed a $21 million Series A financing round, led by Pantera Capital, with participation from Multicoin, Hack VC, Draper Associates, and others.

ChainCatcher news, according to Cointelegraph, Curve Finance has changed its fee distribution mechanism, transitioning from the 3crv token to its native stablecoin crvUSD. This move aims to enhance the utility of crvUSD and integrate the stablecoin into the Curve Finance ecosystem to incentivize users.

ChainCatcher news, Curve Finance announced on platform X that it has opened voting to launch the first liquidity pool that only supports Tether, which is also the first aUSDT liquidity pool in the current DeFi market. It is reported that the voting will end on July 1.

ChainCatcher message, Curve Finance stated on social media that the funds flowing into veCRV in the past week have already reached 6 times the weekly inflation, including direct locking, as well as locking through Convex Finance, Stake DAO, and yearn. This is the highest weekly inflow of CRV locking in recent years.

ChainCatcher news, Curve Finance founder Michael Egorov posted on social media, "I am more committed than ever to building Curve, especially through the application of veTokenomics game theory, currently focusing mainly on veCRV. The plan is to concentrate on the following aspects:Ensuring that its lending products are the safest in the industry under all market conditions by observing data;Creating educational content for arbitrage traders to teach them how to perform liquidation operations;Ensuring that the supply of crvUSD automatically receives system incentives."

ChainCatcher news, Curve Finance officially stated that it has received a donation of 237,500 ARB from Arbitrum to incentivize the Curve pools on the Arbitrum chain.

ChainCatcher news, Kupia Security anonymous network security researcher Marco Croc discovered a potential reentrancy vulnerability in the DeFi protocol Curve Finance, which could be exploited by hackers to manipulate balances and withdraw funds from liquidity pools. After a thorough investigation, Curve Finance awarded Marco Croc the highest bug bounty of $250,000.

ChainCatcher news, Curve Finance has approved the proposal to allocate OP tokens to the Tricrypto pool on Optimism.

ChainCatcher news, Curve Finance announced on social media that Curve Lend (also known as LlamaLend) is now live.It is reported that on this lending platform, users can list any asset on their own without permission, but the specific collateralization ratio parameters and soft liquidation losses for each asset will vary based on a set of algorithms.

ChainCatcher news, according to official sources, the LSD protocol Puffer Finance "Crispy Carrot Movement" Chapter 3 has officially launched. Users can earn Puffer points by adding liquidity to the pufETH/wstETH pool on Curve Finance.The Puffer Points system has been updated, and Puffer Points will now increase over time:For every 1 stETH deposited, you can immediately earn 1000 Puffer Points.Points increase every hour, with each pufETH held in the wallet earning 30 Puffer points per hour.In addition, by adding liquidity to the pufETH/wstETH pool on Curve, each crvPufETH (pufETH/wstETH) in the wallet can earn 60 Puffer points per hour.

ChainCatcher news, according to CMC Research, PancakeSwap has supported users to trade TUSD directly with other stablecoins, with a daily trading volume of over 5 million dollars for the TUSD/USDT trading pair. TUSD has also been listed on the leading AMM decentralized exchange Curve Finance, where the 24-hour trading volume for the crvUSD/TUSD trading pair is close to 1 million dollars, with liquidity reaching 4.2 million dollars.In addition, TUSD adopts the Chainlink Proof of Reserves (PoR) mechanism, ensuring continuous on-chain verification of off-chain dollar reserves. Chainlink's PoR mechanism assists TUSD's smart contracts in verifying its total supply before token issuance, ensuring that the supply does not exceed the actual amount of dollars held in reserves.

ChainCatcher news, the EVM-compatible L1 project ZetaChain announced on platform X that Curve Finance will integrate ZetaChain to provide native BTC support for cross-chain swaps and a full-chain asset pool.

ChainCatcher news, the Curve community voted yesterday to compensate liquidity providers (LPs) affected by the $61 million hack in July. 94% of token holders approved the issuance of tokens worth over $49.2 million to make up for the losses in the Curve (CRV), JPEG'd (JPEG), Alchemix (ALCX), and Metronome (MET) pools.The compensation specifically includes: $7.2 million worth of ETH recovered by white hats for the DAO; $42 million worth of Curve DAO Tokens (to compensate for unrecovered losses); and funds restored by other white hat hackers before the vote.