In the early hours of Asian trading, Curve's (CRYPTO: CRV) token experienced a 30% drop, spurred by the automatic liquidation of some loan positions linked to the protocol’s founder, Michael Egorov.
Bitcoin (CRYPTO: BTC) has failed to break above its record highs hit earlier in March, with sharp corrections and sideways action becoming the order of the day.
Bitcoin spot ETFs on June 12 experienced a remarkable net inflow of $101 million, reflecting growing investor confidence and interest in the leading cryptocurrency.
Stablecoin issuer Circle announced the expansion of its Web3 service to Solana (CRYPTO: SOL), providing developers on the blockchain with enhanced features needed to launch decentralized apps.
In a significant development, Terraform Labs agreed to a civil settlement of $4.47 Billion with the Securities and Exchange Commission after being found guilty of defrauding cryptocurrency investors during the infamous Terra (CRYPTO: LUNA) implosion in 2022.