There is Hot News Including Investment from GME Coin and These 4 Altcoins!

Curve founder Michael Egorov announced that they had solved the liquidation risk problem and the CRV price began to recover. Famous market maker DWF Labs has established a partnership with chest coin GmeStop (GME Coin). Nuffle Labs, the NEAR Foundation’s new independent startup, has raised $13 million in funding. And more…

There is news from CRV, GME Coin and 3 altcoins!

Founder made a statement, CRV recovered 40% from the base

cryptokoin.com As you follow from , today the founder of Curve Finance faced significant liquidation risk. Following this, the token price dropped sharply. Behind these developments, Curve founder Michael Egorov made some statements through the X account. Egorov said that they solved the problem of liquidation risk and repaid 93% of bad debts. In this context, Egorov included the following details:

The Curve Finance team and I are working to solve the liquidation risk problem that occurred today. Many of you know that I had all my loans liquidated. The magnitude of my situations was too much for the markets to handle, resulting in a 10 million bad debt. Only the CRV market at http://lend.curve.fi (where the position is largest) was affected. I have already paid back 93% and plan to pay back the rest very soon. It will help users not to be harmed by this situation.

Following these statements, CRV recovered and exceeded $0.3 for a short time. The token is currently trading at $0.2975, up nearly 40% from its intraday low. According to Binance data, without closing today, the process volume of the CRV/USDT spot process parity reached 1.139 billion ($303 million process volume). Thus, the process witnessed a record high for parity.

DWF Labs has partnered with GmeStop (GME Coin)!

Meanwhile, the famous market maker DWF Labs has established a partnership with chest coin GmeStop (GME Coin). The project expects this partnership to provide various benefits to the GME Coin community. He hopes it will at least affect his listing on major exchanges. GME Coin made the following statement regarding the development:

We chose DWF Labs as our market maker. DWF Labs is a top-tier Market Maker managing assets such as FLOKI and BONK. Additionally, it is among the top 3 in the department. This affiliate promises to bring numerous benefits to our community. DWF Labs will not only provide liquidity efficiently on various exchanges, but will also have close relationships with Tier 1 exchanges, which can positively impact GME’s listing on major exchanges.

NEAR Foundation’s new independent startup Nuffle Labs raises $13 million

NEAR Foundation established an independent organization called Nuffle Labs, which provided $13 million in strategic funding. Nuffle Labs is developing NEAR’s Data Availability Layer (NEAR DA), NEAR Fast Finality Layer (NFFL), and other works in the NEAR suite of modular products. According to the description of the project, the company’s financing was contributed by the NEAR Foundation with a strategic grant. Additionally, the financing came from an investment led by Electric Capital.

Injective and Bitoro to launch cost-effective futures platform

Injective Protocol and Bitoro Network are collaborating. The two are teaming up to introduce the groundbreaking on-chain always-futures trading platform. This collaboration aims to provide instant and cost-effective trading options for institutional-grade real-world assets (RWA) and cryptocurrency futures.

CLS Global makes strategic investment in DeepLink Protocol

CLS Global announced a strategic investment in decentralized AI cloud gaming protocol DeepLink Protocol. Meanwhile, CLS Global is a consultancy firm that provides one-stop service. Therefore, platform services are invaluable for driving project growth and market success.