Project Progress

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After Black April DeFi 28 hacking incidents, Curve builds an on-chain junk bond market: affected users can sell their claims at a discount

This article explains that after Curve’s 2025 crash, it has opened up an on-chain distressed-debt market for CRV-long Llamalend bad debts. Through the crvUSD/cvcrvUSD pools, impaired claims can be traded at a discount for liquidity, or users can wait for recovery. This design lets the market self-price and self-govern, offering a balance of exit and risk/return, but it does not guarantee recovery.
CRV2.45%
ChainNewsAbmedia·14h ago

Exodus founder: Seed phrases still need to be recorded on bar napkins, showing that the industry still has room for improvement

Exodus revealed its transformation at the summit: evolving from self-custody into an end-to-end payment infrastructure, and getting listed after regulatory turbulence. By acquiring Monavate and Baanx to vertically integrate into the payments rail, it launched Exodus Pay, compatible with Visa and Apple Pay, to enable daily payments with stablecoins and BTC while reducing dependence on transaction fee expenses; in 2026 Q1, revenue was about $22.7 million, affected by Bitcoin volatility.
BTC0.62%
SOL0.8%
ETH1%
ChainNewsAbmedia·21h ago