DeFi | ForkLog - Part 37

ForkLog 16 09.08.2022

Citigroup to Hire Risk Managers for DeFi and CBDC

The financial conglomerate Citigroup posted two risk-management roles in the digital assets space.

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ForkLog 6 05.08.2022

Ethereum rose 56% in July, while Bitcoin gained nearly 17%

In July, the price of the second-largest cryptocurrency by market capitalization rose by 56.6%, while Bitcoin posted more modest gains — 16.8%. According to ForkLog's report.

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ForkLog 17 31.07.2022

Aave Community Approves Launch of GHO, a USD-Pegged Decentralized Stablecoin

The community of the DeFi protocol {{AOPEN_1}}Aave{{ACLOSE_1}} approved the launch of the USD-pegged decentralized stablecoin GHO within the project’s ecosystem.

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ForkLog 11 15.07.2022

CoinGecko calls 2022 a ‘horrendous’ year for the cryptocurrency industry

During the second quarter of 2022, the aggregate market capitalization of the cryptocurrency market fell by more than 50%, while the DeFi sector's metric declined by almost 75%. This is according to a CoinGecko report.

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ForkLog 7 12.07.2022

IOSCO to develop recommendations on cryptocurrencies and DeFi

The International Organization of Securities Commissions (IOSCO) has committed to developing regulatory standards for digital assets by the end of 2023. The plan is contained in the organisation's roadmap.

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ForkLog 19 11.07.2022

Yam Finance foils $3.1 million hack

Developers of the Yam Finance DeFi protocol thwarted a cyberattack aimed at transferring control of the project's reserves to an unknown third party.

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ForkLog 25 08.07.2022

Report: Celsius Lost $390 Million of Customer Funds in DeFi and NFT Investments

Lending platform Celsius deployed about $534 million of customer funds under "high-risk leveraged cryptocurrency trading strategies" via KeyFi. Arkham analysts say this resulted in a $390 million loss.

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ForkLog 20 08.07.2022

Aave proposes launching the decentralized stablecoin GHO

Developers at Aave proposed launching a DeFi-native, multi-collateral stablecoin called GHO, pegged to the US dollar.

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ForkLog 20 05.07.2022

UK to examine taxation of crypto lending and DeFi staking

The UK authorities have invited the public to discuss the possibility of taxing staking and crypto lending within the context of decentralised finance.

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ForkLog 7 05.07.2022

Ethereum price fell 45% in June

In June, the price of the second-largest cryptocurrency by market cap fell by 44.8%, and for the quarter by 67.3%.

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ForkLog 22 04.07.2022

Peter Thiel-backed crypto-lending platform Vauld suspends operations

The Singapore-based crypto-lending platform Vauld announced a potential restructuring. Trading, withdrawal and custody of funds have been suspended.

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ForkLog 10 29.06.2022

DeFi Platform Marsbase Unveils NFT Collection ADAM-X

The DeFi OTC platform Marsbase unveiled the ADAM-X NFT collection. Token holders will receive discounts on trading fees and access to closed communities and private token sales.

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#DeFi