DeFi | ForkLog - Part 36

ForkLog 17 27.09.2022

Bancor DeFi protocol community proposes burning 1 million BNT tokens

Participants in the Bancor DEX platform community have put to a vote a proposal to burn 1 million BNT.

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ForkLog 14 26.09.2022

Co-founder of failed QuadrigaCX launches DeFi protocol

The co-founder of the failed Canadian cryptocurrency exchange QuadrigaCX, Michael Patryn, has launched the DeFi protocol UwU Lend. CoinDesk reports.

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ForkLog 24 22.09.2022

Controversial idea: Will the DAI stablecoin survive after decoupling from the dollar?

ForkLog examined the features of the founder's controversial idea, highlighted the main opposing camps within the project and weighed the potential risks associated with the depegging of one of the largest stablecoins.

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ForkLog 18 15.09.2022

Two Sigma Ventures raises over $400 million across two funds

The venture firm Two Sigma Ventures, specializing in investments in cryptocurrency and DeFi companies, raised over $400 million across two funds.

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ForkLog 34 13.09.2022

Cream Finance hacker converts stolen $1.75 million into bitcoins

The hacker behind one of the Cream Finance DeFi protocol hacks moved the stolen funds worth $1.75 million.

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ForkLog 14 07.09.2022

Attacker pockets about 370,000 USDC in Nereus Finance attack

The DeFi platform Nereus Finance, on Avalanche, faced an arbitrage attack via a 51 million {{AOPEN_1}}USDC{{ACLOSE_1}} flash loan. The hacker’s proceeds totaled roughly 370,000 USDC, CertiK estimated.

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ForkLog 18 07.09.2022

Bitcoin nearly doubled Ethereum’s decline in August.

In the first half of August, leading cryptocurrencies hit local highs. However, by month-end Bitcoin had fallen 13.88% and Ethereum 7.33%, according to ForkLog's {{AOPEN_1}}report{{ACLOSE_1}}.

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ForkLog 20 06.09.2022

Sushi DeFi Protocol to Integrate With Boba Network

Sushi, a provider of DeFi tools such as the DEX SushiSwap, will deploy its products on the Boba Network's layer-2 networks.

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ForkLog 11 06.09.2022

Credix raises $11.25 million in Series A funding

The decentralized lending platform Credix closed its Series A financing round at $11.25 million. It was led by Early Stage Motive Partners and ParaFi Capital.

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ForkLog 21 04.09.2022

Fed names DeFi sector a potential threat to financial stability

As the cryptocurrency market’s capitalization grows, the DeFi sector could pose long-term risks to financial stability. This was stated by analysts from the Fed’s research group.

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ForkLog 7 02.09.2022

Expert criticises dYdX for collecting new users’ biometric data

Adam Cochran, a partner at venture firm Cinneamhain Ventures, expressed disappointment with dYdX's decision to collect and store biometric data of new users as part of a promotional campaign.

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ForkLog 12 01.09.2022

Babylon Finance protocol to shut down after Rari Capital hack

The Babylon Finance protocol will wind down its operations due to an attack on the DeFi project Rari Capital, in which several liquidity pools involving the BABL token were affected.

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#DeFi