DeFi | ForkLog - Part 24

ForkLog 11 21.07.2023

Conic Finance loses $3.2 million to oracle manipulation

An attacker hacked the DeFi protocol Conic Finance, targeting the Curve platform. They withdrew about 1,700 ETH (~$3.26 million).

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ForkLog 15 20.07.2023

Senate proposes AML rules for DeFi services

DeFi protocols must implement strict AML controls over their users. This stems from a bipartisan bill proposed by a group of senators.

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ForkLog 10 16.07.2023

Aave launches the GHO stablecoin on Ethereum mainnet

The DeFi protocol Aave activated the decentralized stablecoin GHO on the Ethereum mainnet. The deployment received 100% support from the community.

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ForkLog 11 11.07.2023

Crypto aggregators: how they work and for whom in 2023

Web3 entrepreneur Vladimir Menaskop explains how, to whom and why to work with such aggregators.

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ForkLog 7 07.07.2023

Europe cautions against excluding DeFi from MiCA

The Association for Financial Markets in Europe (AFME) urged regulators not to exclude DeFi from the MiCA regulatory framework.

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ForkLog 25 04.07.2023

Developers propose Ethereum standard to curb DeFi project hacks

A group of programmers from the Ethereum community proposed a new standard ERC-7265: Circuit Breaker to enhance the security of DeFi protocols.

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ForkLog 9 30.06.2023

AlloyX to launch investment vault for tokenised real-world assets

DeFi protocol AlloyX has raised $2 million and announced the launch of an investment vault for tokenised real-world assets.

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ForkLog 17 29.06.2023

Central banks test Curve AMM technologies for CBDCs

The BIS Innovation Hub, in collaboration with the central banks of France, Switzerland and Singapore, conducted tests of Curve v2 hybrid function{{AOPEN_1}} automated market maker{{ACLOSE_1}} for operations in wholesale CBDC pools.

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ForkLog 15 27.06.2023

Chibi Finance team on Arbitrum conducts a $1 million rug pull

The developers of the DeFi project Chibi Finance on the Arbitrum network were suspected of conducting a rug pull. From the platform’s liquidity pools, 555 ETH belonging to users were withdrawn (~$1 million), according to PeckShield.

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ForkLog 12 26.06.2023

Singapore’s central bank reviews tokenisation and DeFi protocols

MAS presented a report summarising its work with BIS on Project Guardian.

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ForkLog 12 26.06.2023

MakerDAO trims reliance on USDC as collateral

The DeFi project MakerDAO has sharply reduced its share of USD Coin (USDC) in the total collateral for borrowing DAI.

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ForkLog 9 21.06.2023

Berenberg Names the SEC’s Next ‘Victims’

Stablecoins and the DeFi sector are likely to become the SEC's next targets in its crackdown on the crypto industry, according to a report by investment bank Berenberg.

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#DeFi