DeFi | ForkLog - Part 41

ForkLog 17 21.03.2022

Hackers breach Li Finance and Umbrella Network DeFi protocols

Li Finance, a DEX aggregator, reported a hacking attack in which 205 ETH (~$591,630) were stolen from 29 wallets connected to the service. The project team closed the exploit and reimbursed the losses to most users.

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ForkLog 16 17.03.2022

Aave unveils the third version of its DeFi protocol

The lending DeFi platform Aave has announced the launch of the third version of its protocol.

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ForkLog 9 16.03.2022

Hackers drain $11 million from Agave and Hundred Finance DeFi protocols

Hackers exploited the DeFi protocols Agave and Hundred Finance, using a reentrancy exploit and flash loans on the Gnosis Chain.

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ForkLog 8 15.03.2022

Hacker exploits Deus Finance DAO, nets about $3 million

The DeFi protocol Deus Finance DAO was hacked, with profits of about $3 million, including 200,000 DAI and 1,101.8 ETH.

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ForkLog 7 10.03.2022

RUNE price climbs 34% as synthetic assets go live on THORChain

On March 9, amid the activation of synthetic-asset pools, the native token of the THORChain cross-chain protocol (RUNE) rose 34%.

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ForkLog 14 06.03.2022

As Andre Cronje exits the industry, yEarn Finance token price falls 11%

Fantom Foundation's senior solution architect Anton Nell and the ecosystem's leading DeFi developer, who is also the founder of yEarn Finance, Andre Cronje, have decided to leave the cryptocurrency industry.

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ForkLog 14 02.03.2022

Alan Howard backs DeFi platform Nested in $7.5 million Series A

The team behind the DeFi platform for social trading Nested closed a Series A funding round led by Brevan Howard, billionaire Alan Howard.

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ForkLog 6 24.02.2022

How to Earn from Stablecoins and Synthetic Equities in the Terra Ecosystem (Part II)

We examine Spectrum Protocol's yield optimizer and the 'optimistic strategy' using Anchor and ApolloDAO.

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ForkLog 11 23.02.2022

Compass Financial Technologies launches index based on ten DeFi tokens

Compass Financial Technologies, a Swiss-based asset manager, has added Compass Crypto Basket Fundamental DeFi Index to its product line, enabling investment in a basket of ten DeFi tokens. The index components are weighted by liquidity, market capitalization, protocol revenue, and on-chain data, with a maximum weight per component capped at 35%. Rebalancing occurs monthly. As of the latest rebalance, the index is led by Uniswap (33.1%), Aave (13.6%), SushiSwap (12.2%), Loopring (11.3%), yearn.finance (9.8%), Compound (6.8%), MakerDAO (6.6%), Synthetix (2.7%), 1inch Network (2.4%), and Perpetual Protocol (1.5%). Compass Financial Technologies is registered with the AMF as an index administrator under EU BMR. Guillaume Le Fur told Cointelegraph that institutional investors are showing strong demand for regulated crypto exposure. Founded in 2017, Compass Financial Technologies manages about $5 billion in assets across digital assets, real estate, commodities and multi-strategy indices. In February, Hashdex and QR Capital launched ETFs on Brazil’s B3 stock exchange tracking the CF DeFi Composite Index and Galaxy DeFi Index, respectively. Earlier, Grayscale Investments introduced a DeFi-focused index and trust. Subscribe to ForkLog news in Telegram: ForkLog Feed and ForkLog.

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ForkLog 18 18.02.2022

Media: Helium, a DeFi project, raises $200 million at a $1.2 billion valuation

The decentralized telecommunications project Helium closed a Series D financing round of $200 million, Axios reports.

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ForkLog 14 18.02.2022

Brazil launches world’s first DeFi token-focused ETFs

Asset managers Hashdex and QR Capital announced listing on the B3 stock exchange (São Paulo) ETFs tracking the CF DeFi Composite Index and the Galaxy DeFi Index, respectively.

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ForkLog 19 17.02.2022

In Search of Truth: How the Witnet Decentralized Oracle Network Works

We explain how the Witnet decentralized oracle network operates, its ecosystem and the WIT token.

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#DeFi