PANews reported on November 12th that decentralized lending platform Curvance announced the completion of a $4 million strategic funding round. The round was led by F Prime Capital and 0xPrimal, with participation from Auros, GSR, Flowdesk, Q42, v3v ventures, and others. The project positions itself as a decentralized lending and collateral platform, supporting collateralization of yield assets such as LST, LRT, stablecoins, Pendle PT, and LP. The team stated that its architecture is self-developed, incorporating security features such as dual-oracle pricing, circuit breakers, and MEV capture-liquidation auctions. The funds raised will be used for launch, auditing, team expansion, and expanding asset integration.


Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more
