DeFi | ForkLog - Part 28

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ForkLog 23 01.06.2023

Multichain loses contact with project chief

The Multichain cross-chain protocol team cannot reach its chief executive Zhao Jun amid ongoing technical problems.

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ForkLog 9 30.05.2023

Ede Finance Hacker Forces Developers to Admit Price Manipulation

On May 28, an unknown hacker breached the DeFi protocol Ede Finance on the Arbitrum network for $580,000. They left an on-chain message claiming that the developers manipulated prices.

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ForkLog 18 29.05.2023

Multichain token price jumps 36% amid ongoing uncertainty

The MULTI token price for the Multichain cross-chain protocol jumped 36%, despite the persistent uncertainty surrounding the project.

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ForkLog 12 28.05.2023

Hackers siphoned more than $7.5 million from DeFi project Jimbos Protocol

The Arbitrum-based project Jimbos Protocol was attacked, with unknown actors withdrawing 4,090 ETH (more than $7.5 million at the time of writing).

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ForkLog 15 25.05.2023

Kyber Network to restart yield farming in Elastic pools

The DeFi project Kyber Network will resume yield farming via the Elastic product.

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ForkLog 17 24.05.2023

Synthetix token climbs on founder’s proposals

Kane Warwick, founder of the DeFi platform Synthetix, has presented 12 proposals for improving the project to take it to the next stage of development.

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ForkLog 27 24.05.2023

DeFi project Fintoch suspected of $31.6m fraud

The DeFi project Fintoch team allegedly carried out an exit scam, withdrawing clients' digital assets worth $31.6m, according to on-chain researcher ZachXBT.

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ForkLog 17 19.05.2023

Swaprum DEX team suspected of $3m exit scam

The Swaprum DEX on Arbitrum’s L2 network allegedly absconded with roughly $3 million in cryptocurrency, PeckShield researchers find.

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ForkLog 13 17.05.2023

Uranium Finance hacker moves 650 ETH to Tornado Cash

On May 16, a wallet linked to the Uranium Finance hack moved 650 ETH (~$1.18 million) to the Tornado Cash mixer.

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ForkLog 13 10.05.2023

Unstoppable Finance to launch Europe’s first DeFi bank

German startup Unstoppable Finance announced the launch of Europe’s first fully regulated DeFi bank and stablecoin.

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ForkLog 24 09.05.2023

MakerDAO launches rival to Aave’s lending DeFi project.

MakerDAO developers launched Spark Protocol—a liquidity market built on the DAI stablecoin and collateral assets backing the DeFi platform.

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ForkLog 23 08.05.2023

Deus Finance DeFi protocol hacked for $6 million

The hacker drained $6 million from the Deus Finance DeFi protocol through a vulnerability in the algorithmic stablecoin DEI.

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#DeFi