According to Curve Finance, the protocol has introduced a market-based bad debt recovery mechanism allowing CRV holders affected by defaults in certain lending markets to choose from multiple recovery strategies: directly selling debt claims to exit, holding to await potential repairs, or

Gate News message, April 27 — Curve founder Michael Egorov has proposed a market-based mechanism to recover bad debt in DeFi lending protocols, positioning it as an alternative to traditional bailout models. The proposal centers on converting distressed positions into tradable investment products, s

Gate News message, April 27 — Curve team unveiled a governance proposal on April 27 to address approximately $700,000 in bad debt from the CRV-long LlamaLend market, which occurred on October 10, 2025. The proposed recovery mechanism leverages the optionality of CRV-long vault assets: vault value in

Gate News message, April 26 — Blockchain analytics platform Arkham has identified renewed on-chain activity from an address believed to be connected to Avi Eisenberg, the attacker who profited approximately $110 million from the 2022 Mango Markets exploit. Eisenberg was previously sentenced to

Gate News message, April 24 — Giancarlo Lelli, an Italian researcher, has been awarded one Bitcoin after demonstrating the largest-scale quantum attack on elliptic curve cryptography to date. The breakthrough escalates concerns about quantum threats to Bitcoin, Ethereum, and other assets secured

Gate News message, April 21 — DeFi depositors faced withdrawal issues over the weekend across major protocols including Aave, rsETH, and LayerZero, prompting Curve Finance founder Michael Egorov to publicly criticize the industry's architectural approach. "Are we an industry of clowns?" Egorov

Michael Egorov, founder of Curve Finance, urges the DeFi industry to develop unified security standards to prevent centralized vulnerabilities. He highlights recent incidents affecting users and calls for collaboration among key organizations for proactive security measures.

Curve Finance has temporarily suspended its LayerZero infrastructure due to a security incident involving rsETH. The protocol is investigating the issue, affecting certain cross-chain bridging operations while others continue as normal.

软银、NEC、本田和索尼集团近日联合成立“日本 AI 基础模型开发”公司，专注于人工智能开发，计划汇集约100名开发人员，并向日本企业提供相关服务，未来还将拓展至机器人操控 AI 领域。