DeFi | ForkLog - Part 79

ForkLog 30 14.10.2020

Binance awards grants to six DeFi projects

The cryptocurrency exchange Binance has selected the first batch of projects that will receive grants from the seed investment fund with a $100 million capital. ForkLog said representatives of the company said.

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ForkLog 18 14.10.2020

DEXs Without Native Tokens — Relic of the Past or Viable Path Forward?

Yield farming is one of the most topical trends in the decentralized finance (DeFi) space. The decentralized exchange (DEX) segment is no exception—many trading venues have issued native tokens. Among such platforms is Uniswap, which has risen to the lead in total value locked.

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ForkLog 17 13.10.2020

Opinion: Governance-token airdrops do not threaten DeFi decentralisation

An airdrop of Uniswap's governance tokens is a good example of rewarding users for participating in early testing of the project. This view was expressed to ForkLog by Waves Technologies evangelist, co-founder of the Neutrino and Gravity protocols, Alexey Pupyshev.

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ForkLog 40 12.10.2020

DeFi project Aave raises $25 million for institutional lending development

The lending protocol Aave raised $25 million in funding from Blockchain Capital, Standard Crypto, Blockchain.com and several other firms.

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ForkLog 8 12.10.2020

WLEO token plunges to near zero after hack enables unlimited minting

On October 11, attackers targeted the Wrapped LEO (WLEO) contract and drained $42,000 in crypto assets from the Uniswap pool. The vulnerability they discovered allowed them to mint WLEO tokens that could be exchanged for ETH. Details of the incident are described in the Leo Finance decentralized protocol blog.

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ForkLog 57 12.10.2020

Investors threaten to sue the head of the yEarn.Finance project

A group of investors, EMN Investigation, opened fundraising to finance a lawsuit against yEarn Finance founder André Cronje. The contention followed the hack of the unfinished DeFi project Eminence.

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ForkLog 36 09.10.2020

Users rally behind yEarn.Finance founder after threats

On September 29, the founder of the DeFi protocol yEarn Finance, Andre Cronje, said he had received threats after the hack of the unfinished Eminence project and did not respond to further messages. Some users sought to cheer him up by creating thread with words of gratitude and support.

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ForkLog 18 09.10.2020

Anthony Pompliano: Amazon could shut down many DeFi apps

The use of cloud services calls into question the decentralisation of the Ethereum network and threatens DeFi app operation, according to Morgan Creek Digital co‑founder Anthony Pompliano.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 16 09.10.2020

US authorities flag risks associated with anonymous cryptocurrencies

The US Department of Justice regards cryptocurrencies as a challenge to law-enforcement, which, with the right approach, could become a useful tool for society. The conclusion is contained in the 71-page report by the Office of the Attorney General's cyber- and digital technologies working group.

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ForkLog 14 08.10.2020

Media: FTX founder behind yEarn.Finance token crash

The drop in YFI's price to $12,400—the lowest since late August—could have been sparked by Sam Bankman-Fried, founder of FTX and Alameda, according to NewsBTC.

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ForkLog 12 08.10.2020

DeFi sector loses a quarter of its market capitalisation in a day

On October 7, the market capitalization of DeFi protocol tokens fell by 25.1%. Trading volumes for them collapsed by 30.2%, according to Santiment analysts.

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ForkLog 22 07.10.2020

Opinion: Neo poised to challenge Ethereum in the DeFi sector

Launched in September, the Flamingo.Finance DeFi protocol on the Neo blockchain is not a copycat, as is often associated with Chinese-made projects. In an interview with CoinDesk, co-founder Da Hongfei said.

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#DeFi