Curve Finance votes on proposal to share revenue directly with CRV holders

The Curve Finance community is gearing up to vote on an exciting $60 million proposal that aims to transform CRV into a yield-bearing asset. This initiative is significant as it plans to allocate a substantial portion of its value to holders of vote-escrowed CRV, enhancing the benefits for the community and potentially boosting the ecosystem's growth. Such developments could attract more investors and strengthen the overall DeFi landscape.

Robinhood US has officially listed the Curve DAO Token (CRV), marking a significant expansion of its cryptocurrency offerings. This move not only enhances the platform's appeal to crypto enthusiasts but also provides users with access to the governance token for Curve Finance, a key player in the decentralized finance space. This listing is important as it reflects the growing acceptance of cryptocurrencies in mainstream finance and offers users more options for investment and participation in the DeFi ecosystem.

Wormhole's native token, W, has seen a remarkable surge of over 22% following a significant upgrade to its tokenomics on September 18. This upgrade has not only boosted the token's price to $0.109 but also contributed to a 21% increase over the past week and an impressive 40% rise overall. This development is crucial as it reflects growing investor confidence and interest in the protocol, potentially leading to increased trading activity and market engagement.

Wormhole has officially transitioned into a new phase for its W token, marking a significant milestone in its development. By establishing a strategic reserve that links its revenue to the token's value, Wormhole is not only enhancing its financial stability but also promising potential growth for investors. This move is crucial as it reflects the protocol's commitment to long-term success and value creation in the blockchain space.

Curve Finance is making waves with its new proposal for Yield Basis, a $60 million initiative aimed at transforming CRV into a lucrative income asset. This innovative protocol promises direct rewards for veCRV token holders, potentially enhancing the value of their investments. This move is significant as it not only aims to boost user engagement but also strengthens the overall ecosystem of decentralized finance, making it an exciting development for investors and the crypto community alike.

Google has unveiled a new AI payments protocol that integrates cryptocurrency and stablecoins, marking a significant step forward in digital finance. This innovation is important as it not only enhances transaction efficiency but also reflects the growing acceptance of digital currencies in mainstream finance. By leveraging AI, Google aims to streamline payment processes, making them faster and more secure, which could attract more users to adopt these technologies.

The upcoming COTI mainnet upgrade scheduled for September 17, 2025, is generating excitement in the crypto community. This upgrade aims to refine the protocol, which could potentially boost the COTI price back to $0.1. Investors are keenly watching this development as it may signal a positive shift in market sentiment and enhance the overall functionality of the COTI Network.

Solmate, a Solana-based digital asset treasury, has successfully raised $300 million in a private placement, thanks to significant investments from ARK Invest and the UAE. This funding is a major boost for Solana's adoption in the crypto space, highlighting growing confidence in the platform's potential. With this capital, Solmate aims to enhance its infrastructure and expand its offerings, which could lead to increased interest and usage of Solana's ecosystem.

An expert has raised concerns that altcoin metrics are being manipulated to mislead investors, which could have serious implications for market integrity. This revelation is crucial as it highlights the potential risks for investors who rely on these metrics for decision-making, emphasizing the need for transparency and trust in the cryptocurrency market.

Trump is looking into alternative candidates for the Commodity Futures Trading Commission (CFTC) chair position as the confirmation of Brian Quintenz faces delays. This situation arose after the Winklevoss twins opposed Quintenz's nomination due to disagreements over enforcement issues with their company, Gemini. This matters because the leadership of the CFTC is crucial for regulating the cryptocurrency market, and delays in appointments can hinder effective oversight and policy-making.

XRP is showing promising signs of stability as it trades above the $3.050 resistance level, indicating a potential for further gains. With a bullish trend line forming and support at $3.040, traders are optimistic about a breakout if the price can surpass the $3.120 mark. This is significant for investors as it suggests a strengthening position for XRP in the cryptocurrency market, potentially leading to increased interest and investment.

Ethereum's price is on the rise, recently surpassing $4,550 and showing signs of potential breakout as it consolidates above key resistance levels. This upward trend is significant for investors and traders, as a successful move above $4,620 could lead to further gains, reflecting growing confidence in the cryptocurrency market.

South Korea's BDACS has made a significant move in the crypto space by launching the first stablecoin backed by the Korean Won, in collaboration with Woori Bank. This development comes as the country eagerly anticipates a new regulatory framework for digital assets. The stablecoin, built on the Avalanche blockchain, represents a crucial step towards integrating traditional finance with the burgeoning crypto market, potentially enhancing stability and trust in digital transactions.