DeFi | ForkLog - Part 41

ForkLog 27 01.05.2022

Rari Capital loses $80 million in hack

An unknown actor withdrew assets estimated at about $80 million from the Rari Capital decentralized-finance protocol, held in its Fuse lending pools.

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ForkLog 10 29.04.2022

Samson Mow: DeFi protocols trail Bitcoin in decentralization

Most DeFi protocols cannot compete with Bitcoin as an efficient monetary network due to insufficient decentralization, according to former Blockstream chief strategy officer Samson Mow.

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ForkLog 12 28.04.2022

Hacker drains more than $13m from DeFi protocol Deus Finance DAO

The DeFi protocol Deus Finance DAO was hacked again. PeckShield reports that the attacker drained assets worth about $13.4 million from the smart contracts, though the project could have suffered more.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 27 22.04.2022

DeFi lending protocol Bastion closes $9 million Series A led by Three Arrows Capital and FTX

The Bastion lending protocol has closed a $9 million Series A round, led by Three Arrows Capital.

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ForkLog 31 22.04.2022

Hacker breaches Zeed DeFi protocol but does not withdraw $1 million

An unknown attacker exploited a vulnerability in Zeed, the DeFi protocol on BNB Chain, but did not withdraw funds worth $1 million.

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ForkLog 31 18.04.2022

Andre Cronje criticised for urging regulation of DeFi

The founder of the DeFi project yEarn Finance, Andre Cronje, has called for regulation of the crypto industry and drew criticism from the community.

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ForkLog 21 18.04.2022

Beanstalk Farms DeFi protocol loses $181 million in hack

The Ethereum-based Beanstalk Farms stablecoin protocol lost more than $181 million in cryptocurrency in the hack. The hacker pocketed about $76 million.

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ForkLog 20 13.04.2022

CoinGecko: Market pessimism has not affected stablecoins, Ethereum staking, or its DeFi rivals

Market weakness did not hinder growing interest in stablecoins, Ethereum staking, and DeFi protocols of its competitors. The findings come from CoinGecko's Q1 2022 report (ForkLog has it on hand).

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ForkLog 14 12.04.2022

bloXroute Labs raises $70 million to boost high-frequency DeFi trading

The bloXroute Labs team closed a $70 million Series B funding round led by SoftBank Vision Fund 2. The funds will be used to advance high-frequency trading in the DeFi space.

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ForkLog 27 11.04.2022

How the Alchemix Lending Protocol Became a Driver of DeFi 2.0 Growth

Lending projects in the DeFi 2.0 concept, such as Alchemix, are gradually gaining popularity, where debt obligations self-amortise and are not subject to liquidations.

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ForkLog 23 08.04.2022

Cosmos ecosystem’s Gravity DEX protocol to migrate to its own blockchain

The B-Harvest team will rebrand the cross-chain Gravity DEX protocol on the Cosmos Hub, renaming the platform to Crescent and relaunching the smart contracts in the eponymous network.

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ForkLog 21 08.04.2022

Frax Finance to create reserve crypto fund modeled on Terra

The Frax Finance platform of algorithmic stablecoins plans to acquire tokens worth billions of dollars to create a reserve fund backing the FRAX algorithmic stablecoin. The founder of the project, Sam Kazemian, told The Block.

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#DeFi