First Mover Americas: Bitcoin Starts August in the Red After Losing Ground in July

The latest price moves in bitcoin (BTC) and crypto markets in context for August 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

• 2023-08-01
• Justin Sun Michael Egorov Richard Heart Curve Finance decentralized exchange

Tron Founder Justin Sun And Other DeFi Players Step in To Alleviate Curve Finance’s Looming Bad Debt Situation

Sun said a liquidity pool that utilizes tether stablecoins issued on the Tron network would “amplify user benefits,” pointing to saving a potentially bad loan.

• 2023-08-01
• Justin Sun Curve Finance

Crypto Market Unnerved by DeFi Exchange Curve’s Sinking CRV Token

(Bloomberg) -- A tumble in the native token of key decentralized cryptocurrency exchange Curve Finance sapped sentiment toward digital assets on concern that the episode could lead to wider turbulence.Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsCharles Koch-Tied Group Seeks to Block Trump From GOP NominationLots of US Homeowners Want to Move. They Just Have Nowhere to GoMyanmar Junta Pardons A

• 2023-08-01
• Bloomberg Curve Finance digital assets decentralized finance Curve Finance service

Bitcoin, Ether dip but remain range-bound following Curve Finance hack

Bitcoin and Ether prices dropped on Monday morning in Asia, but remained above key support levels. Altcoins fell on Curve Finance hack.

• 2023-07-31
• Bitcoin Tron interest rate hikes Curve Finance

Crypto Token of Key DeFi Exchange Curve Finance Sinks After Exploit

(Bloomberg) -- The native token of one of crypto’s top decentralized exchanges tumbled after the platform said it had been “exploited” as a result of a vulnerability in a programming language.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesItaly Must Exit China Pact While Avoiding Crisis, Minister SaysVanguard’s Economists Aren’t Buying Talk

• 2023-07-31
• Bloomberg blockchain technology Curve Finance crypto software a programming language Tarun Chitra

Bitcoin Dips Below $29.2K After Curve Exploit but Continues Its Range-Bound Ways; ETH, SOL, MATIC Sink

BTC hovered comfortably over $29,300 for much of the weekend but dropped in the hours after Curve Finance tweeted that it had suffered an exploit.

• 2023-07-31
• Bitcoin market capitalization Joe DiPasquale Curve Finance DiPasquale cryptocurrency

Week in DeFi: StETH Now Supported for CrvUSD, Arbitrum Pauses and an Optimism Upgrade

Arbitrum halts as Optimism upgrades — check out the biggest DeFi news in our comprehensive weekly roundup.

• 2023-06-13
• AMM Lido Staked ETH Curve Finance Optimism

DeFi Powerhouse Curve Finance Deploys Decentralized Stablecoin on Ethereum

Though the Curve team has deployed the smart contract for crvUSD, users are still waiting on a web interface.

• 2023-05-04
• Curve Finance team Ethereum Curve Finance Frax Finance USDC smart contracts