After successful exploits on the Curve Finance platform in late July , Curve DAO (CRV) finally announced that it is ready to reimburse affected users. Arbitrum ($ARB) saw increased support from the crypto community following these exploits. In the meantime, investors are talking about a new crypto platform set to disrupt the art industry. Find out how Domini ($DOMI) plans to improve art investment by levering blockchain technology.
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Curve DAO (CRV) Rolls Out Reimbursement Plan
Curve DAO (CRV) recently announced that 70% of the funds affected by the July 30 exploits had been recovered. Curve DAO (CRV) also said an active investigation to recover the rest is underway.
According to data from Etherscan, the attackers made three transfers to Alchemix Finance Wallet. Curve DAO (CRV) has also said they plan to reimburse losses from the exploits by measuring the shares of each affected user to ensure proper distribution.
Curve DAO (CRV) survived its short-term liquidity crunch thanks to interventions from the Tron founder and other crypto executives. However, Curve DAO’s (CRV) is down 30.16% from last month.
On July 16, Curve DAO (CRV) traded for $0.8196. A month later, Curve DAO (CRV) was trading at $0.5773. Even though CRV remains one of the best Defi coins, analysts say it will take a while for Curve DAO (CRV) to return to a bullish trajectory.
Arbitrum ($ARB) Gets Crypto Community Approval
Arbitrum ($ARB) currently controls a $113 million tri crypto liquidity pool on Curve Finance. After the news of the exploits broke, Arbitrum ($ARB) rushed to move their assets. However, Curve Finance Founder Michael Egorov later revealed that Arbitrum ($ARB) was safe from the attacks.
Shortly after, Tron founder Justin Sun endorsed Arbitrum ($ARB), saying the platform saw an increase in new registrations and total value locked (TVL) since the exploits. Justin Sun was responding to Director Nikolas Panigirtzoglou of JP. Morgan, after the analyst said the Arbitrum ($ARB) and other top defi projects are shrinking due to the exploits.
Due to the uncertainties in Arbitrum’s ($ARB) ecosystem, the token lost 9.73% In July . Arbitrum ($ARB) traded at $1.28 on July 16 and is currently trading for $1.16 on September 1, 2023. , 2023. Analysts say Arbitrum ($ARB) will surge when the bull cycle returns.
Domini ($DOMI) Aims to Democratize Art Investment in 2023
Domini ($DOMI) is an innovative art marketplace that leverages blockchain technology for broader participation in the art investment space. Domini ($DOMI) democratizes ownership of valuable artworks by allowing fractional investments for multiple art investors. Each artwork on Domini ($DOMI) is minted into a popular NFT to provide it with a single digital identity.
Domini ($DOMI) enhances trust, provides liquidity, and promotes transparency in the art market. In addition, Domini ($DOMI) token holders are entitled to multiple benefits like priority access to new artworks, enhanced customer support, personalized recommendations, discount on transaction fees, discounts on trading costs, and so on.
You also get unique invitations to exclusive art events. When Domini ($DOMI) begins its presale, the token will sell at $0.0021. After Domini ($DOMI) finally hits the mainstream market, it will surge 340% to sell for $0.0154 and deliver a massive ROI to early investors.
Learn more about the Domini ($DOMI) presale here:
Buy Presale: https://domini.art/
Website: https://domini.art/
Telegram: https://t.me/DominiArt
Twitter: https://twitter.com/Dominigallery
Source: https://www.analyticsinsight.net/the-crypto-race-curve-daos-steady-climb-arbitrums-innovations-or-dominis-pulsing-presale/