DeFi | ForkLog - Part 27

ForkLog 15 16.06.2023

Frax Finance to Launch Its Own Ethereum Layer-2 Network

Frax Finance team plans to launch its own L2 blockchain called Fraxchain by the end of the year. Founder Sam Kazemian told Flywheel DeFi on a podcast.

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ForkLog 21 15.06.2023

Gauntlet proposes Aave freeze on Curve founder’s collateral worth 290 million CRV

The Gauntlet team proposed to the Aave lending DeFi platform community to freeze CRV collateral on Curve DAO (CRV) tokens on Aave V2.

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ForkLog 31 15.06.2023

Crypto arbitrage bot nets $3 after $200m flash loan

The arbitrage trading bot used a $200 million flash loan to carry out a series of transactions, earning $3.24.

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ForkLog 26 12.06.2023

Curve Finance founder raises Aave deposit to $187 million

A wallet tagged as belonging to Curve Finance founder Michael Egorov transferred 38 million CRV tokens worth $24 million to the Aave protocol to reduce liquidation risk, Lookonchain analysts noted.

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ForkLog 16 12.06.2023

Sturdy Finance loses about $770,000 in attack

The lending DeFi protocol Sturdy Finance fell victim to an attack that resulted in the loss of roughly 442 ETH (about $770,000 at the time of writing).

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ForkLog 11 08.06.2023

Curve Finance enables crvUSD issuance backed by wstETH

The decentralized exchange Curve Finance added support for Lido's wrapped version of stETH as collateral for the issuance and borrowing of the stablecoin crvUSD.

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ForkLog 17 02.06.2023

In May, the crypto industry lost more than $45 million to rug-pull schemes.

Losses from rug pulls in May more than doubled the losses from exploits in DeFi protocols, totaling over $45 million. Beosin researchers said.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 22 01.06.2023

Multichain loses contact with project chief

The Multichain cross-chain protocol team cannot reach its chief executive Zhao Jun amid ongoing technical problems.

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ForkLog 8 30.05.2023

Ede Finance Hacker Forces Developers to Admit Price Manipulation

On May 28, an unknown hacker breached the DeFi protocol Ede Finance on the Arbitrum network for $580,000. They left an on-chain message claiming that the developers manipulated prices.

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ForkLog 16 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 11 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 15 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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#DeFi