Curve Finance Accuses PancakeSwap of Copying StableSwap Code

TheNewsCryptoPubblicato 2026-03-07Pubblicato ultima volta 2026-03-07

Introduzione

Curve Finance has publicly accused PancakeSwap of copying its proprietary StableSwap code without permission, calling it a license breach and warning of legal and technical risks. The accusation, made on March 6 via X, came in response to PancakeSwap’s March 2 announcement of launching StableSwap on its Infinity platform. Curve urged PancakeSwap to seek proper licensing and collaboration to avoid legal issues and ensure user safety. In response, PancakeSwap acknowledged the dispute and entered private talks. Curve later softened its tone, suggesting a potential “build together” partnership. The outcome may set a precedent for intellectual property in open-source DeFi, with users concerned about network security implications.

The stablecoin-focused decentralised exchange, Curve Finance, has accused PancakeSwap of using its proprietary code to back the StableSwap function without having permission.

The accusation was made on March 6 on X, where the Curve team highlighted that this action shows a direct breach of the StableSwap licence, alerting to the legal and technical risks associated with replicating financial software without the proper regulatory framework.

The X post of Curve Finance mentioned that, “Dear PancakeSwap. Looks like you copied out code without permission. It is a violation of its licence. Not only is it illegal, but historically it has shown to be unwise for those who did it this way in other regards.

It further added that in any case. If you want to enjoy using StableSwap without legal problems and to borrow some of our expertise to keep users SAFU, you still can contact us for licensing and collaboration.”

The post was made in reply to the X post made by PancakeSwap on March 2 mentioning, “Introducing better prices for swapping stablecoins and tightly pegged assets, and Stableswap is now live on PancakeSwap Infinity.”

Settlement or Collaboration: What Will The Market Witness

Quickly after the complaint, the DeFi ecosystem witnessed a brief shock, as PancakeSwap had just executed said technology on its “Infinity” platform to provide stablecoin swaps having ultra-low slippage.

Replying to the public pressure, PancakeSwap accepted that it has so far started private talks to settle the dispute, while Curve softened its primary stance by recommending a possible strategic collaboration under the motto “build together”.

In the near future, the market will be able to witness if both decentralised giants manage to formalise an official licensing agreement or a technical alliance. The settlement of this conflict will set a prominent precedent concerning the safeguarding of intellectual property in open source, while users hope that this amalgamation does not compromise the security of the liquidity pools of the network.

Highlighted Crypto News Today:

KuCoin Introduces KCS PulseDrop to Turn User Activity Into Crypto Rewards

Domande pertinenti

QWhat is the main accusation that Curve Finance has made against PancakeSwap?

ACurve Finance has accused PancakeSwap of copying its proprietary StableSwap code without permission, which is a direct breach of the StableSwap license.

QOn which date and platform did Curve Finance publicly make this accusation?

ACurve Finance made the accusation on March 6 on the social media platform X (formerly Twitter).

QWhat did PancakeSwap announce on March 2nd that prompted Curve's response?

AOn March 2nd, PancakeSwap announced the launch of its StableSwap feature on its 'Infinity' platform, offering better prices for swapping stablecoins and tightly pegged assets.

QHow did PancakeSwap respond to the public pressure following the accusation?

APancakeSwap accepted that it has initiated private talks to settle the dispute.

QWhat potential positive outcome did Curve Finance propose to PancakeSwap?

ACurve Finance proposed a potential strategic collaboration and offered to discuss licensing, suggesting they could 'build together'.

Letture associate

Send a Message to Transfer Coins? Telegram to 'Stuff' a Crypto Wallet into 1 Billion Users This Summer

Telegram founder Pavel Durov has announced that a native, non-custodial wallet called Gram wallet will be built into every Telegram app this summer. This move aims to provide instant, fee-free cryptocurrency transfers for the platform's over 1 billion monthly active users. Durov described it as the largest deployment of a non-custodial crypto wallet in history. The new wallet, developed by Telegram itself, differs fundamentally from the existing third-party @wallet bot. It will be non-custodial from the start, meaning users will control their private keys. Following the announcement, the GRAM token (formerly Toncoin) saw a price increase of approximately 8%. This initiative is part of Telegram's renewed control over the TON blockchain and its "Make TON Great Again" roadmap, marking a return to the project after a 2018 SEC lawsuit. The launch comes as other super-apps like X Money and Meta are also expanding into digital payments, with Telegram opting for a crypto-native approach. However, key details remain unclear, including the exact launch date beyond "this summer," how the promised zero fees will be implemented technically, and how asset support and private key management will work for mainstream users.

marsbit1 min fa

Send a Message to Transfer Coins? Telegram to 'Stuff' a Crypto Wallet into 1 Billion Users This Summer

marsbit1 min fa

Hyperliquid’s HIP-4 proposal fuels HYPE staking as long-term conviction grows

Hyperliquid has proposed the HIP-4 upgrade to expand from perpetual futures into a broader, permissionless infrastructure layer for on-chain applications, requiring deployers to stake 500,000 HYPE to launch new markets. This shift aims to enable developers to build on its platform, a strategy backed by growing long-term investor conviction. Evidence includes a major trader staking millions in HYPE instead of taking profits, with total staked tokens reaching 43.9% of the supply, reducing available tokens and strengthening network security. Market metrics like high open interest and balanced funding rates suggest measured, non-speculative trader positioning. Sustained growth in protocol revenue, TVL, and governance participation further supports the positive outlook, contingent on continued user adoption and successful upgrade execution.

ambcrypto3 min fa

Hyperliquid’s HIP-4 proposal fuels HYPE staking as long-term conviction grows

ambcrypto3 min fa

7 Months After the Collapse of Huiwang, Southeast Asia's Escrow Platforms Undergo a Major Reshuffle

Following the collapse of Huione Pay—dubbed the "Alipay of Southeast Asia"—seven months ago, the region's underground financial guarantee platform sector is undergoing a significant reshuffle. This power vacuum has been swiftly filled by emerging platforms such as XinBi, Tiger/Navigator, JinBei (renamed JinBo), Dali/Tiancheng, and FullyLight. These platforms, operating largely via Telegram and offering services like escrow for illicit transactions, have absorbed the vast user base and markets left behind by Huione. While positioning themselves as "trust intermediaries," their primary clientele consists of networks involved in online scams, money laundering, illegal gambling, and even human trafficking. For instance, the Tiger/Navigator platform explicitly provides "escrow" services for kidnapping-for-ransom operations ("强押车交易"). Data underscores the immense scale: Huione alone processed over $103 billion in cryptocurrency payments and facilitated over $31 billion through its escrow market before its downfall, linking it to Cambodia's notorious Prince Group. Since its collapse, competitors have seen explosive growth. For example, the XinBi platform has accumulated over $1.6 billion in total USDT revenue, while platforms like NewPay, OkPay (under Dali), and FullyLight Wallet collectively processed over $4.8 billion in USDT in a single year. This ecosystem thrives in regions like Cambodia and Myanmar, where regulatory gaps allow these platforms to act as critical financial infrastructure for sprawling cybercrime industries, from scam compounds to online casinos. The article concludes that the moniker "Southeast Asian Alipay" is a misnomer, obscuring the platforms' fundamental role in enabling serious criminal enterprises rather than representing legitimate financial innovation.

Odaily星球日报16 min fa

7 Months After the Collapse of Huiwang, Southeast Asia's Escrow Platforms Undergo a Major Reshuffle

Odaily星球日报16 min fa

The Changing Landscape: What Are Crypto VCs Experiencing?

Title: The Shifting Landscape of Crypto Venture Capital The era of dedicated crypto venture capital funds is undergoing a significant transformation. Once essential for navigating the sector's complexity and high risk, these specialized funds are now facing an identity crisis as the market matures. This shift mirrors historical patterns in other specialized investment classes like cleantech and SPACs, where initial information advantages dissipate as technologies become mainstream and integrated into existing industry frameworks. The article argues that crypto is reaching a critical inflection point, transitioning from a "building phase" to an "integration phase." Major players like Stripe, BlackRock, and Visa now engage with crypto not for its novel mechanics but as a foundational financial infrastructure. Their needs—regulatory compliance, banking partnerships, distribution channels—align with traditional fintech, a domain easily understood by large, generalist funds like Sequoia and Founders Fund. This evolution creates a "barbell effect" within the VC landscape. On one end are massive, diversified platforms that can incorporate crypto as one vertical among many. On the other are small, nimble funds focused on niche, experimental projects. The middle ground—medium-sized dedicated crypto funds—is being squeezed out. Their typical fund size makes it impossible to generate sufficient returns solely from early-stage crypto bets, yet they cannot compete with giants for later-stage deals. Consequently, leading crypto-native firms like Paradigm and Framework Ventures are expanding into AI, robotics, and other sectors, driven partly by LP pressure for better returns amid a broader VC DPI crisis. Others, like Dragonfly and a16z, have narrowed their crypto focus predominantly to financial infrastructure like stablecoins, reframing the sector's core narrative. For crypto entrepreneurs, this consolidation presents challenges. While generalist funds offer larger checks and broader resources, crypto projects now compete fiercely with AI for attention and capital within these firms. Furthermore, the long-term, non-commercial foundational work that built the ecosystem—funded by dedicated crypto VCs—is less likely to attract generalist capital focused on direct returns. The conclusion is that "crypto investor" as a standalone category is becoming obsolete, akin to "internet investor." Crypto is becoming a baseline infrastructure layer. The future will see a barbell structure: large-scale growth financing handled by generalist funds, while pioneering, speculative projects are funded by small, specialized vehicles. The dedicated crypto funds of the 2017-2021 boom, which incubated core infrastructure, are giving way to this new, bifurcated reality.

Foresight News34 min fa

The Changing Landscape: What Are Crypto VCs Experiencing?

Foresight News34 min fa

As Consensus Accelerates, What Are Young Investors Betting On?

Title: As Consensus Forms Faster, What Are Young Investors Betting On? In the rapid evolution of tech investment, a new generation of young investors is navigating a landscape where AI, robotics, commercial aerospace, and quantum computing are advancing simultaneously. Traditional investment logic based on financial models is giving way to a need for deep technical understanding and the ability to act before industry consensus forms. An analysis of trends from the "WAIC FUTURE TECH" list of young investment leaders reveals key shifts in focus. The first major trend is the movement of AI from the digital screen into the physical world. Investment is shifting from large language models and chatbots towards embodied AI, robotics, AI hardware, and edge computing. While demonstrations generate excitement, the real challenge lies in achieving scalable, reliable, and cost-effective delivery in complex real-world environments like factories and logistics. Success depends not just on algorithms but on the integration of sensors, actuators, and control systems. Second, the competitive focus for large models is moving beyond raw capability toward building an "intelligence flywheel." The goal is to create self-reinforcing systems where user interaction generates data, improving the model, which in turn enhances the user experience and attracts more engagement. Companies that successfully embed AI into workflows to create these closed-loop systems can build lasting value that isn't easily erased by the next model upgrade. Third, facing a potential bottleneck in high-quality human-generated data, investors are looking at new underlying technologies. Reinforcement learning and self-play, as demonstrated by AlphaGo Zero, offer paths for AI to generate its own experience. Scientific foundation models, which aim to build general AI capabilities for fields like life sciences and materials discovery, represent a non-consensus direction that could unlock new frontiers of knowledge and data. Finally, in deep-tech areas like quantum computing, commercial aerospace, and space-based infrastructure, patient capital is essential. These fields have long, uncertain development and validation cycles involving complex engineering, supply chains, and regulations. Investment here requires a long-term view, focusing on foundational team capabilities and the eventual emergence of market demand, even if commercial returns are distant. Collectively, these trends illustrate how young investors are adapting to a new era. They are learning to make earlier, technically-informed judgments, balance hype with real-world viability, and provide the patient capital needed to build the deep-tech foundations of the future.

marsbit1 h fa

As Consensus Accelerates, What Are Young Investors Betting On?

marsbit1 h fa

Trading

Spot