Curve DAO (CRV) and Arbitrum (ARB) are pretty famous crypto solutions among investors. However, due to their inconsistent price movements, you may need to look for a more reliable project.
We recommend VC Spectra. This decentralized hedge fund comes with incredible benefits for investors and an overall 900% surge until SPCT tokens reach major exchange platforms. So, let’s see what else it offers!
Curve DAO (CRV) Encountered a Hacker Attack That Harmed its Reputation
The previous month impacted Curve DAO (CRV) pretty negatively. Due to unfavorable market conditions, Curve DAO (CRV) faced a drastic price decrease. More precisely, Curve DAO (CRV) was down by 26.93% during the previous month.
Shortly after that, Curve DAO (CRV) returned some of its lost value as the market conditions improved, but this didn’t last for long. Curve DAO (CRV) investors are currently fearing their investments as a recent activity caused a lot of panic.
More precisely, on Sunday, July 30, 2023, Curve DAO (CRV) faced a $52 million hacker attack. The reason for this hacker attack was an issue in the Vyper compiler in versions 0.2.15-0.3.0. consequently, the following pools were hacked and are still not usable – following pools were hacked: CRV/ETH, alETH/ETH, msETH/ETH, and pETH/ETH.
Shortly after, a white hat hacker helped Curve DAO (CRV) to regain $5.4 million of its lost funds. However, this isn’t enough to return investors’ trust. Currently, Curve DAO (CRV) is down by 6.41% and costs $0.5638. Also, its trading volume decreased by 35.44%.
Crypto experts claim that investing in Curve DAO (CRV) might not be wise. Still, once this situation improves, the token may return on a bullish run if it incorporates more robust security features.
Over the last few days, Arbitrum (ARB) decreased by 1.07%. The main reason for this was that Bitcoin and Ethereum lost some of their value, which affected other coins like Arbitrum. But this downward trend continued also after Curve DAO’s hacker attack.
After carefully investigating, the Curve Finance team stated that there might be a potential exploit on the tricrypto liquidity pool of Arbitrum (ARB). For now, there hasn’t been a profitable exploit on this Arbitrum (ARB) LP, but Curve’s team suggests withdrawing funds to avoid possible losses.
However, Arbitrum (ARB) now shows bullish signs as the Rari Foundation has proposed integration with the Arbitrum (ARB) network. This proposal will improve the growth of the Arbitrum NFT ecosystem by merging Arbitrum (ARB) One with the open-source Rarible protocol. Therefore, you can now get Arbitrum (ARB) for $1.15 after its 1.16% increase.
Experts forecast that Arbitrum (ARB) will remain bullish if this integration works and enhances the whole Arbitrum (ARB) network.
VC Spectra (SPCT) is a decentralized hedge fund with great investor perks. The project works on trustless and transparent blockchain infrastructure. Additionally, it grants you dividends and buybacks from your investment profits, unlimited access to ICOs during private seed sale events and full voting rights for essential decisions, peer-to-peer trading, and asset management without intermediaries.
If you become a VC Spectra (SPCT) holder, you will get high-potential investment opportunities that VC Spectra recommends after evaluating multiple projects. This revolutionary platform achieves this by implementing algorithmic and systematic trading strategies.
Besides these benefits, VC Spectra (SPCT) even offers SPCT tokens that have already raised $2.4 million while in seed sale. More so, SPCT tokens allow you to exchange, pay your transaction fees, trade decentralized, and manage your assets. They are standard BRC-20 ones and come with a burn mechanism that helps them reduce circulation over time.
On July 19, 2023, SPCT tokens entered Stage 2 of their public presale. As a result, their price increased by 37.5% from the initial cost of $0.008, putting them at $0.011. By getting an SPCT token now, you will experience a 627% surge when the presale ends. Once it ends, VC Spectra (SPCT) tokens should be worth $0.08.
But before VC Spectra officially launches them, it needs to sell additional 125 million tokens and enter Stage 3. Experts predict a surge of 127.27% during this stage, which will help SPCT tokens reach $0.025.
So hurry up and become part of VC Spectra today. You still have a chance to experience a 627% surge by the end of the presale!
Find out more about the VC Spectra presale here:
Disclaimer: This is a paid-for sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.