DeFi | ForkLog - Part 34

ForkLog 7 26.10.2022

EU Commissioner Urges Crypto Industry to Help Regulate DeFi

Industry participants must help European authorities create a regulatory framework for the DeFi sector to ultimately obtain 'excellent solutions'. This was stated by Peter Kerstens, adviser on technological innovation and cyber-security at the European Commission (EC), The Block reports.

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ForkLog 19 25.10.2022

DeFi protocol Compound pauses support for ZRX, BAT, MKR and YFI tokens

The Compound community voted to suspend support for illiquid tokens.

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ForkLog 19 24.10.2022

Mango Markets attacker earns another $100,000 from Mango Inu meme token

One of the participants in the Mango Markets attack on the Solana-based DeFi platform bragged that he earned $100,000 in half an hour by launching the Mango Inu meme token.

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ForkLog 15 21.10.2022

European Commission says TradFi norms are inadequate for DeFi

The European Commission acknowledged that standard financial policy is insufficient to regulate DeFi services, according to the report.

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ForkLog 13 19.10.2022

Hackers siphon more than $8 million from the Moola Market DeFi protocol

Hackers attacked the Moola Market DeFi platform built on the Celo blockchain. The damage amounted to about $8.4 million across several tokens.

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ForkLog 17 17.10.2022

DeFi protocol Symbiosis integrates Milkomeda network

The multi-chain liquidity protocol Symbiosis Finance added Milkomeda support, according to project representatives.

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ForkLog 23 14.10.2022

MakerDAO DeFi Protocol Revenue Falls 86%

In the third quarter, revenue at one of the oldest DeFi projects, MakerDAO, collapsed by 86%, according to Messari.

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ForkLog 23 12.10.2022

Stellar Development Foundation launches $100m fund to promote Soroban smart contracts

The Stellar Development Foundation (SDF), a nonprofit organization, has launched a $100 million fund. It will provide incentives for developers to create products and utilities on the Soroban smart-contract platform.

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ForkLog 15 11.10.2022

European Commission to study the possibility of ’embedded supervision’ for DeFi protocols

The European Commission announced a tender to study real-time automated data collection of DeFi activity on the Ethereum network for regulators.

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ForkLog 9 10.10.2022

Blockwater Technologies defaults on $2.97 million DeFi loan

Blockwater Technologies, a South Korea-based cryptocurrency-focused investment firm, defaulted on a $2.97 million loan obtained via the TrueFi DeFi protocol in BUSD.

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ForkLog 15 10.10.2022

Community proposes closing the Yam Finance DeFi project

A proposal to distribute treasury funds among users and shut down the Yam Finance DeFi protocol has been put to its DAO for consideration.

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ForkLog 19 06.10.2022

MakerDAO to invest $500 million in U.S. securities

The MakerDAO community approved a proposal to invest $500 million in short-term U.S. Treasuries and corporate bonds.

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#DeFi