DeFi | ForkLog - Part 86

ForkLog 31 03.09.2020

Experts identify ten vulnerabilities in SushiSwap protocol

The code of the SushiSwap decentralized exchange, marketed as the 'evolution of Uniswap', contains ten vulnerabilities, but none are of a critical nature. Analysts from the Quantstamp startup concluded this from the smart contract audit.

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ForkLog 38 03.09.2020

Uniswap leads DeFi as SushiSwap hype fuels rally.

The largest non-custodial exchange, Uniswap, has overtaken Aave and Maker in terms of the value of assets locked on smart contracts. The drivers behind the ascent to the top were yield farming, which led to a significant rise in trading volumes, and the hype around the SushiSwap project.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 16 02.09.2020

Investigation finds SushiSwap protocol administrator holds $27m in native tokens

The administrator of the DeFi protocol SushiSwap, which markets itself as the 'evolution of Uniswap', could dump $27 million worth of SUSHI in his wallet at any moment. This conclusion was drawn by Adam Cochran, partner at Cinneamhain Ventures, following the smart-contract audit.

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ForkLog 16 01.09.2020

Vitalik Buterin likens DeFi yield farming to the Fed’s printing press

Ethereum co-founder Vitalik Buterin placed the yield-farming economy on a par with the Federal Reserve's aggressive monetary policy.

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ForkLog 24 31.08.2020

In Uniswap fork, $800 million of assets were locked three days after launch

The volume of assets locked in SushiSwap exceeded $815 million three days after the DeFi project’s launch, according to Zippo.io data. The protocol, marketed as the 'evolution of Uniswap' and with the governance token SUSHI, did not pass an audit.

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ForkLog 20 31.08.2020

OKEx CEO: Many People Will Lose Money in DeFi

OKEx CEO Jay Hao outlined the prospects for the DeFi market, but warned investors about the risk of losing money.

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ForkLog 10 30.08.2020

YEarn Finance price climbs toward $40,000; token market cap tops $1 billion

The DeFi project token yEarn Finance (YFI) continues to reach new heights. The asset's price briefly rose above $38,000, and its market capitalization surpassed the $1 billion mark.

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ForkLog 19 30.08.2020

Chainlink to Expand Oracle Capabilities for DeFi

The cryptocurrency project Chainlink has acquired DECO, a private-oracle solution developed at Cornell University.

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ForkLog 21 30.08.2020

Average Ethereum transaction fee exceeds $6

The average transaction fee in the network of the second-largest cryptocurrency by market capitalization has again surpassed the $6 mark.

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ForkLog 13 28.08.2020

Polkadot-based DeFi protocol Acala raises $7 million

The Polkadot-based DeFi protocol Acala raised $7 million through the sale of SAFT contracts as part of a Series A funding round.

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ForkLog 23 28.08.2020

DeFi-focused venture fund Framework Labs raises $8 million

Framework Labs, the sister company to Framework Ventures, has raised $8 million from investors in a funding round. The proceeds will be used to build out a team of researchers, traders and engineers.

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ForkLog 13 26.08.2020

Multicoin Capital Leads $1.8 Million Funding Round for DeFi Project Perpetual Protocol

The DeFi protocol Perpetual Protocol's team raised $1.8 million in a funding round led by the investment firm Multicoin Capital. At the heart of the project is a virtual automated market maker (vAMM).

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