PANews reported on March 9 that Conic Finance, a DeFi protocol in the Curve ecosystem, announced that it would cease operations. It stated: Over the past few months, the core team has been developing a new version for Conic. However, despite working with auditors, the team failed to come up with adequate fixes for several issues in the new version. Ultimately, this left the team without complete confidence in releasing a new audited version. This was a very frustrating period, during which some core team members also decided to leave. After carefully considering the next steps for the remaining core team, it was decided that it would be best to stop the project. The current Conic deployment is running normally and no security-related issues have occurred. The Conic contract will remain open source on Github, including the latest changes audited by ChainSecurity.