DeFi | ForkLog - Part 31

ForkLog 19 13.03.2023

Euler Finance hacked for $196 million

The DeFi protocol Euler Finance was hacked. Losses amounted to more than $196 million.

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ForkLog 18 07.03.2023

Hacker behind Uranium Finance breach moves $3.3m to Tornado Cash

An address tied to the Uranium Finance breach moved 2250 ETH (~$3.35m) after 647 days of inactivity.

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ForkLog 23 06.03.2023

In February 2023, DeFi projects lost about $21.4 million to hacks.

For February 2023, seven incidents left DeFi projects with losses of about $21.4 million, according to data from DeFi Llama.

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ForkLog 8 28.02.2023

MakerDAO community rejects Cogent Bank’s $100m loan proposal

Members of the MakerDAO DeFi platform voted 72.9% to 26.1% to deny Cogent Bank a $100m loan.

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ForkLog 16 27.02.2023

LaunchZone token plunges 82% after hack

The LaunchZone DeFi protocol team on the BNB Chain network reported a hack. The LZ token fell by 82%.

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ForkLog 17 23.02.2023

Synthetix launches third version of its protocol on Ethereum mainnet and Optimism

The Synthetix team launched the third version of the protocol on the Ethereum mainnet and the Layer-2 network Optimism.

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ForkLog 21 21.02.2023

Composable Finance CTO Leaves DeFi Project Amid Suspicions of Activity

Karel Kubat, the CTO of Composable Finance, said he is leaving the company amid a lack of financial transparency and 'suspicious transactions'.

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ForkLog 27 17.02.2023

Platypus DeFi protocol on Avalanche loses $8.5 million in hack

The USP DeFi project's stablecoin lost its peg to the dollar after an attack in which an unknown actor siphoned $8.5 million from the Avalanche-based protocol.

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ForkLog 31 13.02.2023

Huobi to end support for Huobi Cloud Wallet

On May 13, 2023, the cryptocurrency exchange Huobi will close the eponymous cloud-wallet service due to 'strategic and product adjustments'.

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ForkLog 16 09.02.2023

Aave developers launch GHO stablecoin on Goerli testnet

Aave Companies launched the GHO stablecoin on the Ethereum Goerli testnet.

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ForkLog 23 09.02.2023

MakerDAO Members Propose Launching a Competitor to Aave

In the MakerDAO community, a proposal to create a Spark Protocol liquidity market based on the DAI stablecoin and collateral assets for the DeFi platform was put to a vote. The functionality will be built on the third version of the Aave project's smart-contract system.

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ForkLog 24 03.02.2023

Connext unveils Amarok update to enable cross-chain apps

Connext has unveiled the Amarok upgrade. It will enable developers to build cross-chain apps.

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#DeFi