DeFi | ForkLog - Part 24

ForkLog 19 22.09.2023

Stablecoin ℓUSD Plunges to Zero After Linear DeFi Hack

A Hong Kong-based DeFi project Linear Finance said it was attacked, resulting in the loss of all liquidity in the ℓUSD stablecoin on PancakeSwap and Ascendex.

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ForkLog 16 20.09.2023

Metis to allocate $5 million to develop DeFi protocols in its ecosystem

Metis announced the launch of The Metis Journey, a $5 million program aimed at boosting community activity within the project's ecosystem.

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ForkLog 21 20.09.2023

SEC threatens centralized exchanges and DeFi projects

In addition to Binance and Coinbase, there are other CEXs and DeFi protocols whose activities the SEC is examining for possible violations of the law. This was stated by the regulator's head of enforcement, David Hirsch.

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ForkLog 19 16.09.2023

Coinbase inadvertently earned about $1m after Curve hack

As a validator, Coinbase processed an Ethereum transaction after the Curve Finance hack and earned about $1m in rewards.

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ForkLog 15 14.09.2023

CFTC calls DeFi exchanges an ‘obvious threat’.

Unregulated exchanges in the DeFi space pose an 'obvious threat' to markets and clients, said Ian McGinley, the CFTC's enforcement director.

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ForkLog 37 12.09.2023

Aave v3 Fork Launches on Base, Coinbase-Supported L2 Network

The Seashell team, in collaboration with a number of DeFi projects, launched on the Base layer-2 network a fork of the Aave v3 lending platform named Seamless Protocol.

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ForkLog 32 11.09.2023

Lido Finance did not confirm an exploit of LDO tokens

The team behind the liquid-staking protocol Lido Finance assured users that assets in LDO and stETH tokens remain safe, despite a vulnerability in the smart contract.

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ForkLog 34 07.09.2023

White-hat hacker explains the cause of Euler Finance’s $200 million exploit

Fixing the vulnerability identified in Euler Finance's DeFi protocol led to the emergence of another bug. In March it was used by an unknown {{AOPEN_1}}for the attack on $200 million{{ACLOSE_1}}, said the white-hat hacker known as Kankodu.

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ForkLog 14 03.09.2023

Binance CEO sees DeFi outperforming CeFi in the next bull market

Binance CEO Changpeng Zhao said that the DeFi sector has the potential to surpass centralized finance in the next crypto rally.

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ForkLog 26 29.08.2023

Bitcoin mining and DeFi in Uzbekistan: regulator on forthcoming legislation

Vyacheslav Pak, Uzbekistan’s First Deputy Director of the NAPP, outlined forthcoming legislative initiatives concerning mining and financing investment through token offerings.

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ForkLog 13 23.08.2023

BlockTower backs Maple Finance in $5 million funding round

DeFi platform Maple Finance closed a strategic funding round worth $5 million, led by BlockTower Capital and Tioga Capital.

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ForkLog 28 22.08.2023

Balancer team urged users to withdraw funds from pools

The Balancer team disclosed a critical vulnerability affecting several pools on the second version of the DeFi programmable-liquidity platform.

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#DeFi