Curve DAO has approved yRisk as the new risk-management provider for its crvUSD and Llamalend platforms, replacing LlamaRisk. yRisk, led by two primary Resupply developers, will oversee risk assessment for a year, receiving funding through revocable vesting streams. Despite a past $9.6 million exploit in Resupply, this was not disclosed in the proposal. yRisk's responsibilities include monitoring collateral, liquidity, and governance risks, with Curve governance retaining final authority. The appointment follows a thorough review and a strong vote of support from Curve stakeholders, with ongoing public reporting and a future review planned to assess yRisk's performance.
Redwood Trust is rated Buy with a 12-month price target of $5.52, implying a 35% total return potential. The stock trades at a 33% discount to its GAAP book value due to market concerns over legacy asset risks, even though its core mortgage banking o...
Recovery specialists managed to crack open a cryptocurrency wallet believed to hold $1 billion. However, upon accessing it, they discovered the wallet contained just $10. This surprising outcome highlights the risks and uncertainties in crypto asset ...
Microsoft's recent earnings report sparked a 15% share price increase, adding nearly $450 billion to its market value and setting a new record. The company's growth is driven by strong AI monetization, with Azure and its SaaS suite contributing signi...
In Q2-2026, OpenAI reported operating losses of $12.3 billion against $6.7 billion in revenue, reflecting a -183% margin during a period when global IT budgets were heavily invested in AI. Meanwhile, long-term bonds worldwide are demanding historical...
Arbitrum's token price rose 23% in the past 24 hours and 61.6% since August 31, driven by a 30% increase in Open Interest and positive funding rates. The token's market capitalization surpassed $900 million for the first time since January, supported...
