Despite the market volatility, there are a lot of optimistic moves taking place in the crypto space. Check out the latest ones below.
Curve Finance drops a new update
Curve Finance says that an issue with their website has been fixed and reverted after $570,000 in Ethereum (ETH) went missing.
According to the latest reports, the decentralized exchange and automated market maker (AMM) first warned its users not to use the front end of its website Curve.fi yesterday afternoon after it detected that its nameserver was compromised.
“Don’t use curve.fi site – nameserver is compromised. Investigation is ongoing: likely the NS itself has a problem.”
It also alerted its domain manager of the issue.
“Dear @iwantmyname, looks like something is compromised on your side (most likely, name servers – they seem to override what the UI tells them to serve). Please do something. For everyone else: we switched nameserver, but don’t rush to use curve.fi – wait a bit.”
It’s also important to note the fact that the platform managed to identify and resolve the issue but urged users to take precautionary actions to protect their accounts from getting compromised.
“The issue has been found and reverted. If you have approved any contracts on Curve in the past few hours, please revoke immediately. Please use curve.exchange for now until the propagation for curve.fi reverts to normal.”
Bitcoin prepares for a parabolic move
Earlier today, we revealed that a popular analyst is impressed by how well altcoins are performing against Bitcoin (BTC). On the other hand, he still believes the king crypto can reach new all-time highs.
The anonymous host of InvestAnswers said that while 94% of altcoins are currently outperforming Bitcoin on the BTC Dominance chart, he believes they’re peaking, and BTC is primed to rise again.
Stay tuned for more news, and make sure to check out the crypto market.