Curve Finance is a decentralized exchange optimized for low slippage swaps between stablecoins or similar assets that peg to the same value, such as wBTC and renBTC. The protocol has an Automated Market Maker which was designed to give DeFi users low slippage and provide steady fee revenue to liquidity providers.
keep.coffee stated that its platform adopts an on-chain financing model, does not use a Bonding Curve, does not establish an internal fund pool, and does not require users to custody funds with the team, committed to providing a more transparent financing experience for AI developers.
AI compliance infrastructure company Hadrius has announced the completion of a $27 million Seed and Series A funding round, led by CRV, with participation from Y Combinator, Pathlight Ventures, as well as founders of Altruist, Jump AI, and FINNY. The new funds will be used to build AI-native compliance infrastructure for the financial services industry, leveraging Agentic AI technology to integrate scattered compliance reviews, risk monitoring, and regulatory document management into a single intelligent workflow. (Prnewswire)
AI Agent infrastructure company Sail Research has announced the completion of an $80 million Seed and Series A funding round, led by Kleiner Perkins and Sequoia Capital, with participation from Redpoint Ventures, CRV, Theory Ventures, and others. Sail Research focuses on building infrastructure for AI Agents, aiming to address the computational power, cost, and operational limitations of current AI systems in long-duration, multi-step tasks. Its API is compatible with the OpenAI interface and supports mainstream open-source models such as DeepSeek and Gemma. (PRNewswire)
According to The Block, Curve founder Michael Egorov stated that regulatory pressure from the Financial Action Task Force (FATF) on decentralized finance (DeFi) may prompt protocols to remove privileged access, upgrade risks, and the ability to intervene with user funds, thereby improving DeFi security and enhancing decentralization.
AI compliance infrastructure company Hadrius has announced the completion of a $27 million Seed and Series A funding round, led by CRV, with participation from Y Combinator, Pathlight Ventures, as well as founders of Altruist, Jump AI, and FINNY. The new funds will be used to build AI-native compliance infrastructure for the financial services industry, leveraging Agentic AI technology to integrate scattered compliance reviews, risk monitoring, and regulatory document management into a single intelligent workflow. (Prnewswire)
the bond market is signaling increasingly restrictive interest rate expectations, which may continue to weigh on risk assets like Bitcoin. The spread between the U.S. 2-year and 10-year Treasury yields has narrowed to approximately 28 basis points, its tightest level since April 2025, indicating a clear flattening of the yield curve. This shift is widely interpreted as a heightened market expectation of tighter monetary policy or “higher for longer” interest rates.Skanda Amarnath, Executive Director of the policy research organization EmployAmerica, noted that this flattening trend is "one of the clearest market signals that the Federal Reserve is becoming more hawkish." In a more hawkish interest rate environment, the market anticipates rates remaining elevated for a longer period, which enhances the appeal of fixed-income assets and diminishes the investment demand for non-yielding assets such as Bitcoin.Beyond the 10-year to 2-year spread, the gap between the 30-year and 5-year Treasury yields has also fallen to its lowest level since last April, further reinforcing the overall flattening trend of the yield curve.Market participants believe this change represents a significant reversal from the environment earlier this year, which was characterized by a steepening curve and bets on rate cuts. In the latest round of policy signals, the Federal Reserve held interest rates steady, but its dot plot indicated a higher projected path for future rates compared to previous forecasts, with median interest rate expectations shifting upward across the board, strengthening the “higher for longer” narrative.Analysts suggest that if the high-interest-rate environment persists, risk assets like Bitcoin may struggle to stage a strong upward trend in the short term. The market could enter a phase of volatile downward pressure, intersecting with certain bottoming expectations tied to the halving cycle. (CoinDesk)
According to an official announcement from Curve Finance, due to a hacker attack on the rsETH LayerZero infrastructure, Curve Finance has suspended its LayerZero infrastructure for security reasons, pending further investigation into the root cause before resuming operations. This suspension affects the following: cross-chain bridging of CRV tokens from BNB Chain, Sonic, Avalanche, Fantom, Etherlink, and Kava (chains using native bridges remain unaffected), as well as the crvUSD fast bridge functionality (the L2 slow bridge remains fully operational). Meanwhile, KelpDAO is also reported to have suffered a vulnerability exploit involving approximately $291 million; the exact extent of losses is still under investigation.
Odaily News, DefiLlama founder 0xngmi, of the crypto data analytics platform, stated that the team spent months asking Apple to remove phishing apps impersonating DefiLlama from the App Store, which delayed the mobile app's launch until all such counterfeit apps had been removed. 0xngmi noted that after the team downloaded one of the malicious apps and documented a small crypto wallet being stolen, Apple removed it within days. In 2024, the App Store also saw counterfeit apps impersonating Rabby Wallet and Curve Finance; in November 2023, a fake Ledger Live app on the Microsoft Store siphoned off $588,000 across 38 transactions. (Cointelegraph)
Odaily News: According to on-chain detective Specter's monitoring, the attacker exchanged all assets, including WBTC, cbBTC, LDO, USDS, and CRV, for DAI and ETH. The same wallet had previously been compromised in September 2023 due to a malicious token approval, resulting in a loss of $24.23 million, with the attacker ultimately returning approximately 90% of the stolen funds. The attacker's address is 0x8fEB...F95Ae.
DeFi infrastructure company Enso disclosed a type of malicious liquidity pool called "toxic pools" in a report on July 16th. These pools manipulate transaction simulations to return false optimal quotes to wallets and DEX aggregators, subsequently altering the logic during actual on-chain execution. Enso stated that the relevant malicious contracts can identify read-only simulation environments and return optimized prices, but when the transaction is broadcast on-chain, it is executed at a worse price or causes the transaction to fail. One manipulated Curve pool processed over 129,000 swaps, resulting in approximately $225,000 in inflated quotes. Additionally, over 37,000 transactions were reverted, consuming nearly $30,000 in gas fees. On Polygon, a malicious Uniswap v4 hook attracted routing systems with fake exchange rates, subsequently triggering a 99.1% transaction failure rate. Enso stated that it has updated its execution protection product, Enso Shield, to detect fake quotes in Ethereum and Polygon environments.
Michael Egorov (@newmichwill), founder of Curve Finance, posted that recent security incidents in the DeFi space—triggered by centralized failure points—have occurred frequently and severely damaged the industry’s reputation. Citing examples such as Aave users being unable to withdraw funds following the rsETH exploit and the LayerZero cross-chain bridge hack, he emphasized that problems must be prevented *before* they occur—not addressed only after damage is done. He called on the industry to jointly establish DeFi security standards, proposing that the Ethereum Foundation and Solana Foundation take the lead in collaborating with projects across ecosystems, auditing firms, and risk-assessment teams to develop principles and specifications for secure system design—and suggesting that lessons could be drawn from traditional finance’s approaches to safeguarding centralized nodes.
According to an official announcement from Curve Finance, due to a hacker attack on the rsETH LayerZero infrastructure, Curve Finance has suspended its LayerZero infrastructure for security reasons, pending further investigation into the root cause before resuming operations. This suspension affects the following: cross-chain bridging of CRV tokens from BNB Chain, Sonic, Avalanche, Fantom, Etherlink, and Kava (chains using native bridges remain unaffected), as well as the crvUSD fast bridge functionality (the L2 slow bridge remains fully operational). Meanwhile, KelpDAO is also reported to have suffered a vulnerability exploit involving approximately $291 million; the exact extent of losses is still under investigation.
According to an official announcement, Curve Finance has suspended its LayerZero infrastructure as a precautionary measure following a hacker attack on rsETH’s LayerZero infrastructure, pending further investigation into the root cause. This adjustment affects cross-chain CRV bridging initiated from chains including BNB, Sonic, Avalanche, Fantom, Etherlink, and Kava; bridging from other chains remains unaffected and continues to use native bridges. Additionally, the crvUSD fast bridge is impacted, while the slower bridge to L2s remains fully operational.
According to the official announcement, Upbit will list CRV/KRW and USDT trading pairs.
According to The Block, Curve founder Michael Egorov stated that regulatory pressure from the Financial Action Task Force (FATF) on decentralized finance (DeFi) may prompt protocols to remove privileged access, upgrade risks, and the ability to intervene with user funds, thereby improving DeFi security and enhancing decentralization.
Odaily News, DefiLlama founder 0xngmi, of the crypto data analytics platform, stated that the team spent months asking Apple to remove phishing apps impersonating DefiLlama from the App Store, which delayed the mobile app's launch until all such counterfeit apps had been removed. 0xngmi noted that after the team downloaded one of the malicious apps and documented a small crypto wallet being stolen, Apple removed it within days. In 2024, the App Store also saw counterfeit apps impersonating Rabby Wallet and Curve Finance; in November 2023, a fake Ledger Live app on the Microsoft Store siphoned off $588,000 across 38 transactions. (Cointelegraph)
以太坊质押协议 Lido DAO 官方发文解读 NEST(Network Economic Support Tokenomics)机制,通过链上自动化方式将协议收入与 LDO 代币价值绑定,实现持续性的 LDO 回购,旨在让 LDO 持有者更直接分享协议增长收益。该机制由 DAO 国库盈余资金支持,当 Lido 质押业务收入超过设定基准后,部分超额收入将通过 CoW Swap 自动兑换为 LDO。 根据 Lido DAO 设定的初始参数,NEST 收入基准为年化 4000 万美元(约每日 10.9 万美元),超额部分的 50%将用于回购 LDO,每日回购上限为 5 万美元,365 天累计上限为 1000 万美元。回购执行每日进行,采用无需许可的链上流程。 NEST 上线初期将采用“财库模式”(Treasury-only mode),购买的 LDO 将直接进入 DAO 国库。未来在市场条件合适时,DAO 可通过链上投票切换至 LP 模式,将一半资金用于购买 LDO,另一半转换为 wstETH 并提供 Curve 流动性。
Pons announces V2 upgrade plan, focusing on adjustments to liquidity mechanisms, fee structures, and token graduation processes. The new version will introduce an ETH-denominated bonding curve, remove trading restrictions for regular users, and limit developer wallet permissions through global configuration.
According to Odaily, Pons, a token launch platform on Robinhood Chain, will release its v2 version, planning to introduce multiple feature updates.It is reported that Pons v2 will introduce a Bonding Curve mechanism denominated in ETH, remove trading restrictions for non-developer wallets, and support custom trading pairs, including RWA assets such as USDG, NVDA, AAPL, and HOOD.Additionally, Pons will adopt Uniswap V4 pools and Hooks to redesign the fee structure, with creators receiving fees in ETH by default. When the token value reaches 4.2 ETH, it will automatically graduate to a permanently locked Uniswap V4 full-range position.Other updates include a new CTO function with a 3-day timelock, support for charging fees in stablecoins or other tokens, and an optional tax mechanism for each buy and sell transaction.
According to the official announcement, Upbit will list CRV/KRW and USDT trading pairs.
According to The Block, Curve founder Michael Egorov stated that regulatory pressure from the Financial Action Task Force (FATF) on decentralized finance (DeFi) may prompt protocols to remove privileged access, upgrade risks, and the ability to intervene with user funds, thereby improving DeFi security and enhancing decentralization.
Odaily News, DefiLlama founder 0xngmi, of the crypto data analytics platform, stated that the team spent months asking Apple to remove phishing apps impersonating DefiLlama from the App Store, which delayed the mobile app's launch until all such counterfeit apps had been removed. 0xngmi noted that after the team downloaded one of the malicious apps and documented a small crypto wallet being stolen, Apple removed it within days. In 2024, the App Store also saw counterfeit apps impersonating Rabby Wallet and Curve Finance; in November 2023, a fake Ledger Live app on the Microsoft Store siphoned off $588,000 across 38 transactions. (Cointelegraph)
以太坊质押协议 Lido DAO 官方发文解读 NEST(Network Economic Support Tokenomics)机制,通过链上自动化方式将协议收入与 LDO 代币价值绑定,实现持续性的 LDO 回购,旨在让 LDO 持有者更直接分享协议增长收益。该机制由 DAO 国库盈余资金支持,当 Lido 质押业务收入超过设定基准后,部分超额收入将通过 CoW Swap 自动兑换为 LDO。 根据 Lido DAO 设定的初始参数,NEST 收入基准为年化 4000 万美元(约每日 10.9 万美元),超额部分的 50%将用于回购 LDO,每日回购上限为 5 万美元,365 天累计上限为 1000 万美元。回购执行每日进行,采用无需许可的链上流程。 NEST 上线初期将采用“财库模式”(Treasury-only mode),购买的 LDO 将直接进入 DAO 国库。未来在市场条件合适时,DAO 可通过链上投票切换至 LP 模式,将一半资金用于购买 LDO,另一半转换为 wstETH 并提供 Curve 流动性。
keep.coffee stated that its platform adopts an on-chain financing model, does not use a Bonding Curve, does not establish an internal fund pool, and does not require users to custody funds with the team, committed to providing a more transparent financing experience for AI developers.
Odaily News: According to on-chain detective Specter's monitoring, the attacker exchanged all assets, including WBTC, cbBTC, LDO, USDS, and CRV, for DAI and ETH. The same wallet had previously been compromised in September 2023 due to a malicious token approval, resulting in a loss of $24.23 million, with the attacker ultimately returning approximately 90% of the stolen funds. The attacker's address is 0x8fEB...F95Ae.