DeFi | ForkLog - Part 26

ForkLog 9 29.05.2023

Multichain token price jumps 36% amid ongoing uncertainty

The MULTI token price for the Multichain cross-chain protocol jumped 36%, despite the persistent uncertainty surrounding the project.

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ForkLog 9 28.05.2023

Hackers siphoned more than $7.5 million from DeFi project Jimbos Protocol

The Arbitrum-based project Jimbos Protocol was attacked, with unknown actors withdrawing 4,090 ETH (more than $7.5 million at the time of writing).

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ForkLog 11 25.05.2023

Kyber Network to restart yield farming in Elastic pools

The DeFi project Kyber Network will resume yield farming via the Elastic product.

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ForkLog 6 24.05.2023

Synthetix token climbs on founder’s proposals

Kane Warwick, founder of the DeFi platform Synthetix, has presented 12 proposals for improving the project to take it to the next stage of development.

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ForkLog 20 24.05.2023

DeFi project Fintoch suspected of $31.6m fraud

The DeFi project Fintoch team allegedly carried out an exit scam, withdrawing clients' digital assets worth $31.6m, according to on-chain researcher ZachXBT.

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ForkLog 12 19.05.2023

Swaprum DEX team suspected of $3m exit scam

The Swaprum DEX on Arbitrum’s L2 network allegedly absconded with roughly $3 million in cryptocurrency, PeckShield researchers find.

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ForkLog 12 17.05.2023

Uranium Finance hacker moves 650 ETH to Tornado Cash

On May 16, a wallet linked to the Uranium Finance hack moved 650 ETH (~$1.18 million) to the Tornado Cash mixer.

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ForkLog 10 10.05.2023

Unstoppable Finance to launch Europe’s first DeFi bank

German startup Unstoppable Finance announced the launch of Europe’s first fully regulated DeFi bank and stablecoin.

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ForkLog 16 09.05.2023

MakerDAO launches rival to Aave’s lending DeFi project.

MakerDAO developers launched Spark Protocol—a liquidity market built on the DAI stablecoin and collateral assets backing the DeFi platform.

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ForkLog 15 08.05.2023

Deus Finance DeFi protocol hacked for $6 million

The hacker drained $6 million from the Deus Finance DeFi protocol through a vulnerability in the algorithmic stablecoin DEI.

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ForkLog 11 05.05.2023

Asymetrix to distribute $3.4 million among early users

The DeFi protocol Asymetrix launched a bonus program for early users, under which it will distribute 10 million ASX ($3.4 million at the time of publication) from May to August 2023.

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ForkLog 8 05.05.2023

CertiK freezes $160,000 stolen from Merlin DEX

CertiK, a smart-contract security auditing firm, announced the freezing of $160,000 withdrawn from Merlin DEX after the exploit.

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#DeFi