DeFi | ForkLog - Part 77

ForkLog 18 03.11.2020

DeFi project Opium Protocol raises $3.25 million from Alameda Research and Galaxy Digital

Opium Protocol, a DeFi derivatives platform, raised $3.25 million in a funding round with participation from Galaxy Digital, Alameda Research, HashKey Group and CMS Holdings.

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ForkLog 8 03.11.2020

Opinion: the future of decentralized finance hinges on cross-chain DeFi protocols

Cross-chain protocols are a promising direction for the development of the decentralized finance sector. In an interview with ForkLog, Inal Kardanov, Waves’ developer advocate, said.

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ForkLog 12 02.11.2020

Experts forecast pressure on Bitcoin from CBDC creation

The emergence of central bank digital currencies (CBDCs) threatens to tighten controls over the cryptocurrency market. This forecast for the next five years was made by Kuna exchange co-founder Mikhail Chobanian during the ForkLog online conference 'Centralized Exchanges and DEX: Pros, Cons, Differences'.

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ForkLog 24 02.11.2020

Chainalysis: DeFi projects face an undefined regulatory status

The explosive growth of the decentralized finance sector has raised questions about the regulatory status of DeFi protocols and their responsibility to comply with regulatory requirements. Chainalysis analysts detailed the topic in their latest report.

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ForkLog 12 02.11.2020

Fraudsters exploited DeFi hype to dupe investors

Unknown attackers exploited investors' interest in the decentralized finance (DeFi) sector and two high-profile projects — Keep3r Network (KP3R) by yEarn Finance founder Andre Cronje and cVault.finance (CORE). The community's attention to 'empty' tokens was drawn by user Degenomics.

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ForkLog 28 01.11.2020

Aave governance handover to the community nearly 90% complete

The process of handing over the administrative keys from Aave's developers to the hands of the community is nearing completion, after which it will become the largest self-governing protocol in the DeFi sector.

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ForkLog 22 01.11.2020

Coinfirm integrates Chainlink oracles to combat money laundering in the DeFi sector

The analytics company Coinfirm announced the integration of Chainlink's oracle network into its AML solution. This will allow DeFi projects to monitor transactions with suspicious patterns.

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ForkLog 7 30.10.2020

Bitcoin-backed Ethereum tokens surpass $2 billion in market value

The number of Bitcoin-backed tokens on the Ethereum blockchain stands at 150,049. This represents 0.8% of Bitcoin's circulating supply, worth about $2.02 billion, according to data from the analytics service Dune Analytics.

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ForkLog 17 30.10.2020

yEarn Finance token fell below $10,000 amid slowdown in DeFi activity

The end of the month was not a good one for leading DeFi tokens. On Friday, October 30, the price of yEarn Finance (YFI) slipped below $10,000, with new lows reached by Uniswap (UNI), Compound (COMP) and other assets in the DeFi sector.

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ForkLog 12 30.10.2020

Harvest Finance offers $1 million bounty for return of stolen funds

The Harvest Finance team has increased the bounty for help in recovering funds stolen from the platform. Instead of the initial $100,000, the developers are prepared to pay $1 million.

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ForkLog 15 28.10.2020

DAI stablecoin to bridge Ethereum Classic and Ethereum blockchains

The developers of Ethereum Classic Labs and ChainSafe Systems announced the launch of a new bridge between the Ethereum Classic and Ethereum blockchains. With the DAI stablecoin, users will be able to exchange assets.

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ForkLog 16 28.10.2020

Harvest Finance explains hacker attack as an ‘engineering error’

The developers of the Harvest Finance DeFi protocol have taken responsibility for an 'engineering error' that allowed the hacker to carry out the recent attack and steal $19.8 million.

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#DeFi