CryptoMediaClub
Monday, October 13, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Blockchain

Curve Finance Joins Forces with TRON for Robust DeFi Growth: An Unstoppable Partnership

19.08.2023
A A
0
126
VIEWS
ShareShare

Strategic Partnership and Investment for DeFi Evolution

Curve Finance, a renowned decentralized liquidity pool for stable swap and stablecoin trading, has announced a strategic partnership with the TRON network. Consequently, the decentralized exchange (DEX) is poised to launch on the TRON network. In a significant move, Curve Finance has consolidated its position as the second-largest DEX following the news of its integration with the TRON network.

Furthermore, this alliance has caught the attention of TRON DAO Ventures, an investment arm of the TRON network. On Thursday, August 17, Justin Sun, the founder of TRON, invested a whopping $2 million in CRV, the native token of the Curve Finance protocol. This strategic investment underscores the trust and commitment of TRON to the DeFi project’s potential.

Boosting DeFi Growth with Integration on BTTC and TRON DAO Networks

Moreover, Curve Finance has announced its launch on the BitTorrent Chain (BTTC) network, a blockchain scaling solution that empowers peer-to-peer file and data sharing. This integration into TRON DAO and BTTC networks aims to fuel the development of innovative DeFi projects and foster the growth of DeFi ecosystems.

Besides providing stablecoin trading, Curve Finance has become vital in the decentralized finance landscape by offering low-slippage exchanges through its automated market maker (AMM) algorithms. By aligning with this protocol, TRON and BTTC are set to benefit from lower financial costs and indirect backing from prominent blockchains that Curve DAO supports, including Avalanche, Ethereum, and Arbitrum.

Justin Sun enthusiastically welcomed this alliance, expressing his confidence in Curve Finance’s pivotal role in the DeFi ecosystem and the blockchain industry. He remarked, “Curve is an essential DeFi infrastructure for the blockchain industry. Our thoughts are with the team and the users affected. As a community, let’s support and strengthen the security measures to protect our decentralized ecosystem.”

Overcoming Challenges for a Secure and Stable DeFi Future

However, the DeFi landscape experienced a jolt when news of a hack on the DEX surfaced. On July 30, Curve Finance fell victim to a reentrancy attack that exploited vulnerabilities in its smart contract codes, resulting in a loss of $62 million. Consequently, the CRV token declined, making most of the DeFi ecosystem panic.

Significantly, Curve Finance has reportedly recovered 70% of the stolen funds and, to recover the remaining amount has placed a bounty of $1.85 million on the attacker, offering the reward to anyone who can unveil the hacker’s identity. Additionally, Curve Finance has committed to compensating the victims of this security breach. The DEX has stated that it will distribute reimbursements fairly as they assess the extent of the damages and work tirelessly to recover the stolen funds.

The partnership between Curve Finance and TRON is a promising development that signifies the unstoppable growth and innovation in the decentralized finance sector. Hence, despite the recent challenges, the future looks bright for Curve Finance, TRON, and the entire DeFi ecosystem.

The post Curve Finance Joins Forces with TRON for Robust DeFi Growth: An Unstoppable Partnership appeared first on BitcoinWorld.

Share10Tweet6ShareSharePin2

Related Posts

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei
Blockchain

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei

18.07.2025
0

Skip to content

Read moreDetails
Hashed stablecoin: South Korea’s Crypto Giant Unveils Bold Trademark Play

Hashed stablecoin: South Korea’s Crypto Giant Unveils Bold Trademark Play

17.07.2025
LA Token’s Strategic Move: Lagrange Foundation Considers Crucial Buyback for Price Stability

LA Token’s Strategic Move: Lagrange Foundation Considers Crucial Buyback for Price Stability

14.07.2025
Shocking Loss: Crypto Influencer Accidentally Burns $75K in PUMP Token

Shocking Loss: Crypto Influencer Accidentally Burns $75K in PUMP Token

14.07.2025
Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

08.07.2025
Load More
Next Post
North Korean hackers have stolen $2B of crypto since 2018: Report

North Korean hackers have stolen $2B of crypto since 2018: Report

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Spot Ethereum ETFs See $5.8M Net Inflow After 9 Days of Outflows

Spot Ethereum ETFs See $5.8M Net Inflow After 9 Days of Outflows

1 year ago
Glassnode’s James Check Warns Bitcoin Treasury Boom Could Be Short-Lived

Glassnode’s James Check Warns Bitcoin Treasury Boom Could Be Short-Lived

3 months ago
Donald Trump Promotes Bitcoin-Themed Sneakers After Bitcoin 2024

Donald Trump Promotes Bitcoin-Themed Sneakers After Bitcoin 2024

1 year ago
South Korea’s Public Pension Fund Invests $33.75M in MicroStrategy Shares

South Korea’s Public Pension Fund Invests $33.75M in MicroStrategy Shares

1 year ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Bitcoin Price Prediction:  What Onchain Signals Suggest for BTC Price Direction – Up or Down?

From gold bars to rare earths: Pentagon’s billion-dollar bet on America’s resource security

Ethereum Price Prediction: Robert Kiyosaki Focuses on ETH and Silver – Is He Front-Running a Global Asset Devaluation?

XRP Price Prediction: – XRP Hasn’t Bottomed Until Bitcoin Stabilizes – Buy the Dip

Ethereum Price Prediction: Can ETH Reclaim $4,500 as Bitcoin Tests $112K Support?

Securitize Weighs $1B SPAC Merger With Cantor Fitzgerald-Backed Firm

Trending

India Probes 400 Binance Traders for Alleged Crypto Tax Evasion: Report
All news

India Probes 400 Binance Traders for Alleged Crypto Tax Evasion: Report

13.10.2025
0

Indian tax authorities have launched an investigation into over 400 high-net-worth traders using Binance, suspecting large-scale crypto...

Russia’s Central Bank: Tokenization Will Let Foreigners Buy Domestic Shares

Russia’s Central Bank: Tokenization Will Let Foreigners Buy Domestic Shares

13.10.2025
Shiba Inu (SHIB) Loses Momentum, While This $0.035 DeFi Token Surges 250% and Attracts Over 16,800 Investors

Shiba Inu (SHIB) Loses Momentum, While This $0.035 DeFi Token Surges 250% and Attracts Over 16,800 Investors

13.10.2025
Bitcoin Price Prediction:  What Onchain Signals Suggest for BTC Price Direction – Up or Down?

Bitcoin Price Prediction:  What Onchain Signals Suggest for BTC Price Direction – Up or Down?

12.10.2025
From gold bars to rare earths: Pentagon’s billion-dollar bet on America’s resource security

From gold bars to rare earths: Pentagon’s billion-dollar bet on America’s resource security

12.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz