DeFi | ForkLog - Part 31

ForkLog 24 27.12.2022

DeFi project Mercurial rebrands as Meteora to distance itself from FTX

Mercurial, a non-custodial exchange focused on stablecoins, has changed its name to Meteora in an attempt to distance itself from the collapsed FTX.

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ForkLog 13 22.12.2022

MetaMask adds Arbitrum and Optimism support for cross-chain swaps

The team behind the non-custodial wallet MetaMask added Arbitrum and Optimism support to the Swaps cross-chain aggregator.

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ForkLog 9 19.12.2022

Chainalysis: DeFi’s popularity in North America has diminished Bitcoin’s dominance

From July 2021 to June 2022, 37% of total cryptocurrency transaction volume in North America was attributed to the DeFi segment, indirectly contributing to a reduction in Bitcoin's dominance.

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ForkLog 21 02.12.2022

DeFi protocol Ankr hacked as aBNBc price collapses to zero

Hackers attacked the DeFi protocol Ankr and minted a large amount of aBNBc tokens. The price of the staking-based synthetic asset collapsed to zero.

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ForkLog 28 25.11.2022

Cardano-based DeFi project Ardana halts development

The Ardana DeFi project team, from the Cardano blockchain ecosystem, said it would halt development due to funding problems.

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ForkLog 10 21.11.2022

Bank of England flags risks in the DeFi sector

Decentralized protocols have yet to provide an effective way to manage risk. That was stated by the Bank of England's deputy governor, John Cunliffe.

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ForkLog 9 14.11.2022

DeFi project Flare on BNB Chain hacked for $17.9 million

An unknown actor siphoned assets worth $17.9 million from the Flare DeFi protocol on BNB Chain. The protocol token collapsed to zero, PeckShield researchers noted.

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ForkLog 54 11.11.2022

What is an automated market maker?

What is an automated market maker (AMM) and how does it work? How are liquidity pools related? What are the drawbacks of AMMs? We explain in a new set of cards.

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ForkLog 11 11.11.2022

DeFi project DFX Finance hacked for $7.5 million

The Ethereum-based, stablecoin-focused decentralized exchange DFX Finance lost around $7.5 million in assets in an attack.

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ForkLog 6 02.11.2022

Report: Stablecoins are increasingly used in DeFi services

Stablecoins have become more actively used as collateral in lending protocols.

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ForkLog 8 31.10.2022

1inch and Revolut launch DeFi training course for beginners

The DeFi project 1inch has joined forces with fintech company Revolut to launch an educational course 'Learn and Earn'. ForkLog reported.

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ForkLog 10 30.10.2022

Vitalik Buterin criticises restrictive regulation of the crypto industry

Regulatory initiatives that strictly restrict the functions of crypto projects could make access to institutional capital easier for them, but would harm the industry's development, Ethereum co-founder Vitalik Buterin said.

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#DeFi