DeFi | ForkLog - Part 74

ForkLog 49 02.12.2020

DeFi project 1inch raises $12 million with Pantera Capital backing

The liquidity aggregator from decentralized exchanges, 1inch, announced the successful close of a funding round, raising $12 million in venture investments.

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ForkLog 24 01.12.2020

yEarn.Finance to absorb its perennial rival SushiSwap, a fork of Uniswap

yEarn.Finance announced the acquisition of SushiSwap, a fork of Uniswap.

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ForkLog 25 30.11.2020

DeFi protocol SushiSwap loses up to $15,000 due to vulnerability

The SushiSwap team discovered and fixed the vulnerability after withdrawals from the decentralized protocol totaling between $10,000 and $15,000. The exploit was described by the project developer 0xMaki.

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ForkLog 24 29.11.2020

yEarn.Finance teams up with Cover Protocol

The DeFi project yEarn.Finance acquired Cover Protocol's peer-to-peer insurance market, completing the fourth deal of the week.

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ForkLog 16 26.11.2020

DAI price spike on Coinbase triggers $100m liquidations on Compound

A brief spike in the price of the DeFi token DAI on Coinbase led to the liquidation of users’ positions on the crypto-lending platform Compound, amounting to millions of dollars.

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ForkLog 28 26.11.2020

yEarn.Finance to absorb Cream Finance after Pickle Finance merger

Founder of the DeFi project yEarn.Finance, Andre Cronje, presented details of the integration with the lending protocol Cream, which operates on the model of the Compound and Aave projects. He said this two days after the merger of yEarn.Finance with Pickle Finance.

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ForkLog 17 26.11.2020

Study finds DeFi token indexes are not as diversified as commonly believed

A problem with DeFi indexes is their excessive dependence on the performance of a handful of blue-chip components. They do not always achieve the goal of reducing risk for investments in this sector. This is described in a study by Messari analyst Roberto Talamas.

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ForkLog 17 25.11.2020

Money on Chain launches decentralised exchange Tex on Bitcoin sidechain RSK

The Bitcoin-collateralised DeFi protocol developer Money on Chain announced the launch of the automated decentralised exchange Tex based on the RSK protocol.

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ForkLog 26 25.11.2020

Chainlink co-founder: Attacks on DeFi protocols using flash loans will continue

Price oracles are a weak spot for DeFi protocols, and attacks on them will continue and become more sophisticated. This was stated by Chainlink co-founder Sergey Nazarov on the Decrypt Daily podcast.

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ForkLog 24 25.11.2020

Pickle Finance to merge with yEarn.Finance after $20 million loss

Developers of the decentralized finance protocol Pickle Finance announced a merger with the DeFi project yEarn.Finance, led by Andre Cronje.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 14 23.11.2020

yEarn.Finance founder unveils new DeFi protocol Deriswap

The founder of the DeFi project yEarn.Finance, Andre Cronje, announced a new decentralized protocol, Deriswap. It is currently undergoing an audit, according to a statement.

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ForkLog 34 22.11.2020

DeFi project Pickle Finance lost nearly $20 million in hack

An attacker withdrew about $19.76 million from one of the Pickle Finance protocol's smart contracts.

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#DeFi