DeFi | ForkLog

ForkLog 63 29.04.2025

1inch Expands to Support Solana

The DEX aggregator 1inch has expanded its services to include support for Solana. Users of the decentralized application can now conduct swaps by connecting Phantom or Trust Wallet via WalletConnect. 1 million+ tokens. $7 billion liquidity. The best swap rates. Unleash @solana with 1inch. Now live for on-chain swaps. Start now ? https://t.co/wUGBanUDdz pic.twitter.com/xr2Qc3tQvh — […]

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ForkLog 83 28.04.2025

Hacker Loopscale Offers to Return $5.8 Million for a Reward

On April 26, the DeFi protocol Loopscale, based on Solana, lost approximately $5.7 million USDC and 1200 SOL due to an attack that occurred two weeks after its launch. Update: Loopscale has re-enabled loan repayments, top-ups, and loop closing. All other app functions (including Vault withdrawals) are still temporarily restricted while we investigate and ensure […]

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ForkLog 196 25.04.2025

Mantle Unveils Crypto Bank and MI4 Index Fund with $400 Million Budget

The Mantle team is set to launch two new products aimed at bridging traditional and decentralized finance: Mantle Banking and the Mantle Index Four (MI4) fund. This was announced in a quarterly letter to MNT token holders. Mantle Banking “Cryptoneobank” Mantle Banking is positioned as an all-in-one solution, integrating fiat and cryptocurrency accounts within a […]

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ForkLog 25 24.04.2025

US Prosecutors Seek Eight-Year Sentence for Mango Markets Attacker

Prosecutors from the Southern District of New York have requested a prison sentence of 78 to 97 months for Avraham Eisenberg, found guilty in the attack on the DeFi project Mango Markets in 2022. The hearing is scheduled for May 1. “This sentence is necessary, among other things, to properly reflect the seriousness of the […]

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ForkLog 25 18.04.2025

sUSD Stablecoin Dips Below $0.7: Synthetix Offers Explanation

On April 18, the price of the sUSD stablecoin from the DeFi synthetic asset platform Synthetix plummeted to a local low of around $0.68. At the time of writing, the coin had recovered to $0.73. Data: CoinGecko. The asset has repeatedly lost its peg to the dollar throughout its existence. In March 2020, the price […]

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ForkLog 104 16.04.2025

CoinGecko Identifies Key Cryptocurrency Market Narratives for Q1 2025

Tokens associated with AI and memes captured 62.8% of cryptocurrency user interest in the first quarter of 2025, according to a review by CoinGecko. Among the 20 most popular digital assets during this period, six were categorized as memes and five as AI. The former accounted for 27.1% of global investor attention, while the latter […]

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ForkLog 14 15.04.2025

Study finds Tether now leads crypto lending

The total crypto-lending market was estimated at $36.5bn. Tether’s share of the CeFi segment rose from under 20% in Q2 2021 to around ~70%. Since the bear-market low, the DeFi metric has jumped 959% to $19.1bn. Tether, Galaxy and Ledn accounted for 88.6% of the CeFi segment of the digital-asset lending market, according to Galaxy […]

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ForkLog 181 14.04.2025

DeFi’s manipulation problem: what the “financial LEGO” conceals

The fast-evolving DeFi sector offers users undeniable advantages regardless of capital, age or country. With a smartphone and an internet connection, you can access savings, loans and other financial tools without KYC, paperwork or intermediaries. For the unbanked, it is a way to manage their own money without bureaucracy and other barriers; in high-inflation economies, […]

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ForkLog 46 11.04.2025

Life after Bybit

The industry took the Bybit breach in its stride, but it left a trail of questions. In an interview with FLMonthly, Irakli Dizenko, an expert in deploying crypto-security tools at HAPI, discusses whether DeFi should expect tighter rules, and the state of hacks in general and this case in particular. ForkLog: The Bybit breach ranks […]

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ForkLog 52 08.04.2025

World Liberty Financial to Conduct USD1 Stablecoin Airdrop

The DeFi project by the Trump family, World Liberty Financial (WLF), has released an advisory proposal to distribute a “small” amount of USD1 stablecoins via airdrop to holders of the WLFI token. ? We just posted a new governance proposal: To test our airdrop functionality by distributing USD1 to all $WLFI holders — rewarding our […]

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ForkLog 10 07.04.2025

Mantra Team Launches $108 Million Fund to Support RWA and DeFi

The developers of the L1 network Mantra have launched the Mantra Ecosystem Fund (MEF) with $108.9 million to foster projects in the realms of real-world asset tokenization (RWA) and decentralized finance (DeFi). Today, we’re announcing the launch of the MEF — a $108,888,888 million investment initiative designed to propel real world asset innovation, adoption and […]

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ForkLog 31 07.04.2025

Market Correction Triggers $106 Million Ethereum Whale Liquidation

A major Ethereum holder faced a forced position closure of 67,570 ETH ($106 million) on the DeFi platform Sky after the collateral ratio fell below the liquidation threshold. As $ETH plummeted, the 67,570 $ETH($106M) held by this whale on #Maker was liquidated!https://t.co/kXSkKh1H0P pic.twitter.com/IDjzbQ8P3z — Lookonchain (@lookonchain) April 7, 2025 The catalyst was a 12.5% drop […]

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