Scan to Download
Search "Curve" has a total of10related results
Techub News, the Curve team has proposed a recovery plan for bad debts in the CRV-long LlamaLend market. The proposal aims to establish a special Curve stable swap pool that can redeem vault tokens, introducing market-driven funds to participate in the recovery without requiring permission or over-the-counter agreements. If the price of CRV rises, bad debt positions can be gradually recovered through de-leveraging and hard liquidation; if CRV falls, the collateral level of vault deposits will not deteriorate further. The proposal also requests the Curve DAO to approve the Gauge for this pool and to retain the management fees received in the form of vault tokens.
Techub News reports that Curve DAO has rejected a governance proposal to allocate 17.4 million CRV tokens (approximately $6.2 million) to Swiss Stake AG, the core development company of Curve Finance. The proposal, submitted by Curve Finance founder Michael Egorov, aimed to provide funding for the Swiss Stake team he manages, to be used for software development, infrastructure, security work, and ecosystem support. The voting results show that 54.46% of participants opposed the proposal, while 45.54% supported it. Voting data indicates that addresses associated with Yearn Finance and Convex Finance accounted for nearly 90% of the opposing votes. Community members commented in the forum that the proposal raised centralization concerns, questioning whether Curve's governance is overly reliant on a small group. Some members also suggested that Swiss Stake should better explain the use of past funds before new funding is approved.
Techub News reported, according to Cointelegraph, Curve Finance founder Michael Egorov proposed a plan on the Curve DAO governance forum to allocate 17.45 million CRV tokens as funding to support its backing company Swiss Stake AG for ecosystem growth, research, and technological development. Swiss Stake AG's goals for 2026 include launching and scaling a new version of its lending system Llamalend, creating on-chain foreign exchange swaps, and improving Curve's user interface. If the proposal is approved, Swiss Stake AG may stake a portion of the CRV to generate additional yield but must not use the funds for any purposes not listed in the proposal.
Techub News, LlamaRisk in the Curve community has initiated a proposal recommending "disabling all Gauges for Elixir markets" to stop CRV emissions from flowing to related pools. The proposal states that Elixir, the DeFi protocol behind the synthetic stablecoin deUSD (and its staked derivative sdeUSD), officially ceased issuance and redemption of these two tokens on November 6-7, 2025. The primary reason is the collapse of its main counterparty, Stream Finance.
Techub News reports that MakinaFi posted on platform X, stating that the platform has received reports of a suspected security incident involving the DUSD Curve pool. Preliminary assessment indicates the issue only affects DUSD liquidity positions, with no anomalies found in other assets and deployments so far. MakinaFi stated that it has activated security mode for all Machines as a preventive measure and advises DUSD pool liquidity providers to withdraw their funds as soon as possible. It also mentioned that the team is fully investigating the scope of impact and will subsequently announce detailed progress and handling measures. htt
Techub News reports that Michael Egorov, founder of Curve, posted on the X platform, stating that the frequent hacking incidents in the DeFi sector recently are mostly due to centralized single points of failure, which severely hinder industry development. Citing the recent Aave rsETH incident as an example, Egorov pointed out that various protocol parties claimed their operations were normal despite users' inability to withdraw funds normally, exposing the fragility of the trust chain. He emphasized that security issues should be addressed primarily through prevention and called for the Ethereum Foundation and the Solana Foundation to take the lead, collaborating with auditing institutions and risk assessment teams to jointly establish security guidelines for the DeFi industry. This proposal aims to significantly reduce the risk of uncontrollable single points of failure by decentralizing trust and clarifying verification rules.
Techub News reports that Curve Finance tweeted that PancakeSwap copied its code without permission, which violates the relevant licensing agreement. This behavior not only involves a breach of the agreement but has also historically proven to be unwise in other respects. Curve Finance pointed out that if PancakeSwap wishes to use Stableswap while avoiding legal issues and leveraging its expertise to protect user safety, it can still contact them for authorization and collaboration.
Techub News reports that Curve Finance posted on platform X, stating they are investigating the attack on the sDOLA LlamaLend market. Preliminary analysis indicates that the attacker exploited a combination of the sDOLA price oracle characteristics and a vulnerability related to the quantity of sDOLA outside the collateral, resulting in relatively limited profits; borrowers using sDOLA as collateral have been liquidated, but lender funds remain unaffected, and sDOLA holders have gained some returns. The team is currently checking other similar markets and ensuring that LlamaLend V2 remains secure when dealing with vault collateral susceptible to donation attacks.
Techub News reports that the cross-chain liquidity protocol CrossCurve has issued a security update stating that the previous exploit has been contained. The hacker extracted EYWA tokens from the Ethereum network bridge, but as XT Exchange has frozen the deposit function for this token on Ethereum, the hacker is currently unable to sell them. CrossCurve stated that the EYWA tokens on the Arbitrum network are secure. The official team is currently in contact with centralized exchanges such as KuCoin, Gate, MEXC, BingX, and BitMart to ensure the stolen tokens cannot enter circulation and affect the token supply. The team is conducting a comprehensive investigation into the details of the vulnerability and other stolen assets to prevent similar attacks from occurring in the future. Techub News reported today that the CrossCurve cross-chain bridge was attacked, resulting in a loss of approximately $3 million in funds.
Techub News reports that in response to the theft of funds caused by a smart contract vulnerability, the cross-chain liquidity protocol CrossCurve posted a list of addresses (10 addresses in total) that received the related tokens. The announcement suggests these recipients may have no malicious intent, calls for cooperation in returning the funds, and offers a 10% bounty under the SafeHarbor white-hat policy (they may keep 10%, returning the rest). If there is no response within 72 hours, it will be considered malicious, and measures such as criminal prosecution, civil litigation, asset freezing, public disclosure of wallet addresses, transaction records, and associated addresses will be initiated. Previously, CrossCurve was attacked due to a smart contract vulnerability, resulting in the theft of approximately $3 million.
Search is currently busy. Please try again later.
