Curve Finance is a popular decentralized exchange (DEX) that allows users to trade stablecoins. On Sunday, July 30, 2023, Curve Finance announced that it had been exploited due to a vulnerability in the Vyper programming language. Vyper is a programming language that is specifically designed for DeFi applications.

The exploit allowed hackers to withdraw approximately $20 million to $40 million worth of assets from Curve Finance. The affected assets included stablecoins such as $DAI, USDC, and $USDT.

The price of Curve Finance's native token, $CRV , has fallen by about 15% since the exploit was announced. The exploit has also raised concerns about the security of DeFi platforms.

Curve Finance is currently working to recover the lost funds. The team has also disabled the affected pools and is working to implement security measures to prevent future exploits.

The exploit is a reminder that #DeFi. platforms are still vulnerable to hacking attacks. It is important to do your research before using any DeFi platform and to take steps to protect your assets.

Here are some tips for protecting your assets in DeFi:

Use a hardware wallet to store your private keys.

Only interact with reputable DeFi platforms.

Be careful about what information you share online.

Keep your software up to date.

By following these tips, you can help to protect your assets in DeFi.

#crv #crvUSD #defiprotocols $CRV

We have looked at 4 interesting crypto projects with low and medium market capitalization that could become profitable in the upcoming bull run in an intriguing way. These are lesser-known but high-quality projects.

One of these projects is approaching its presale, and we will describe its uniqueness to you. Don't miss your chance and follow us🔔

SpaceCatch

Presale: Coming soon🎉

Initial Market Cap: 💲350K

Fully Diluted Market Cap: 💲7M

#SpaceCatch  stands out from many other projects due to its unique development and token sales strategy. The team's entrepreneurial background allows them to finance the project independently, removing the need for a high-priced pre-sale commonly seen in other projects. Experts believe that SpaceCatch has the potential to bridge Web 2 and Web 3 games, making it a truly exceptional investment with the possibility of 1000x returns for all investors.

What makes SpaceCatch groundbreaking is its integration of modern technologies, combining augmented reality, blockchain, and #NFTs to create a revolutionary gaming experience. The game implements both Play-to-Earn and Move-to-Earn concepts, offering players a seamless adventure.

The #CATCH  token is set to revolutionize mobile game mechanics with its unique concept, tied directly to the success of the SpaceCatch game, giving it intrinsic value. As the AR & Metaverse sector is projected to experience significant growth, owning CATCH tokens presents a promising investment opportunity.

The strategic tokenomics of CATCH tokens ensure they can only be acquired through staking or direct purchase, avoiding inflationary pitfalls associated with token rewards. This approach maintains a healthy ecosystem and creates strong buying power, driving price growth.

With the upcoming launch of the CATCH token, the potential for 1000x profit becomes more accessible than ever. The pre-sale price of the token is remarkably low compared to other projects, offering investors a golden opportunity to multiply potential profits even further.

Investors are eagerly anticipating the pre-sale, preparing to seize this lucrative chance offered by SpaceCatch. 

Radiant Capital

Market cap: 💲90,210,667

Fully Diluted Market Cap: 💲309,625,095

Next project we'll look at is the cryptocurrency with the largest market capitalization from our TOP 4 selection – RDNT. Radiant Capital is a protocol for cryptocurrency lending across various blockchains, which is constantly growing and generating interesting income for token holders. By purchasing RDNT, you not only get the opportunity to participate in the protocol's governance but, more importantly, a share of the profits (unlike tokens such as Arbitrum/Optimism, where you gain voting rights but no share in profits as the fees for using Arbitrum protocols are paid in ETH and are only accessible to #ETH  stakers).

The value of loans in the Radiant protocol is continuously increasing, which means higher fees/profits for the protocol. However, the biggest attraction for buying this token is the expected upgrade of #Ethereum EIP-884, which should take place in the last quarter of this year and significantly increase transaction speed and reduce fees. This should attract more interest in using this protocol.

RDNT token is definitely worth monitoring not only for these reasons but also due to the protocol's good financial indicators, such as the price/token to earnings ratio, which stands at around 20, a very solid number.

The only major drawback is the high proportion of locked funds and the high token emission in the future. However, this negative factor could be balanced out by the growing interest in using the protocol, as mentioned above.

Redacted (BTRFLY) 

Market cap: 💲$39,675,128

Fully Diluted Market Cap: 💲$39,675,128

The next token we'll focus on today is BTRFLY. BTRFLY is the token of the Redacted protocol, which is a platform providing liquidity for DeFi protocols. This ecosystem is truly robust and offers many opportunities to leverage it in the world of #DeFi.  

The biggest attraction and potential catalyst for the growth of the protocol and the BTRFLY token's price is the expected announcement of the DINERO stablecoin for Redacted protocols. This stablecoin is anticipated to bring better and faster interaction with the Ethereum ecosystem, significantly increasing the amount of funds in the protocols. This combination, along with the token's relatively small market capitalization, may appear as a suitable opportunity for potential investment appreciation.

Origin Dollar

Market cap: 💲$22,623,762

Fully Diluted Market Cap: 💲$22,623,762

The last token we have prepared for you is the OGV token. This token serves as both a governance and utility token for the Origin Dollar protocol, which generates yields for your stablecoins. The reason we included this token in the list is simple. The protocol has a high Total Value Locked (TVL) compared to the token's market capitalization, indicating that the yields generated by the protocol outweigh the value of the token itself.

These conditions make it an ideal opportunity for purchase, and it's highly likely that they will attract attention to this protocol, causing a significant increase in price.

Summary: In today's article, we utilized insights and knowledge about researching new projects that have not yet reached the broader public. Therefore, they present a potential investment opportunity as you are among the first to discover these cryptocurrencies. Particularly, with SpaceCatch, significant appreciation of deposits can be expected.

However, market research and finding such projects require dozens of hours and sufficient expertise. If you don't have the time and experience for such a detailed analysis of projects, you can join our profile to follow, among other things, these new projects. The reward in recent months has been successful purchases with hundreds of percent appreciation.