DeFi | ForkLog - Part 43

ForkLog 8 01.02.2022

Russian Finance Ministry Flags Risks in DeFi Development

The Russian Finance Ministry is watching the development of the decentralised finance (DeFi) sector with concern, as it is associated with significant risks due to the lack of proper regulatory oversight. This was stated by Deputy Finance Minister Alexey Moiseev to Interfax.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 13 31.01.2022

Founder of Wonderland DeFi project contemplates its closure

Co-founder of the DeFi project Wonderland, Daniele Sestagalli, said he is prepared to shut it down amid a serious split in the community.

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ForkLog 26 28.01.2022

Hackers drain $80 million from DeFi platform Qubit Finance pool

The Qubit Finance lending platform on Binance Smart Chain (BSC) was hacked. PeckShield estimates that the attackers drained about $80 million worth of the project's digital assets from its pool.

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ForkLog 16 27.01.2022

Community accuses Wonderland co-founder of involvement with QuadrigaCX

The Wonderland DeFi protocol co-founder going by the handle 0xSifu is Michael Patryn, co-founder of the failed Canadian cryptocurrency exchange QuadrigaCX, according to an on-chain detective using the alias zachxbt.eth.

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ForkLog 12 26.01.2022

DeFi project Aave to add Fantom support

The Fantom smart-contract platform community voted to integrate the lending DeFi project Aave. The proposal received 99.98% of the votes.

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ForkLog 14 24.01.2022

Fantom DeFi ecosystem becomes third-largest by TVL

The Fantom smart-contract platform surpassed Binance Smart Chain (BSC) in total value locked (TVL) and rose to third place in the ranking, with a TVL of around $12 billion, according to DeFiLlama.

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ForkLog 9 22.01.2022

MakerDAO users avert liquidations worth more than $600 million

Against the backdrop of the crypto market correction, seven large Vaults of the MakerDAO platform were at risk of liquidation. ETH worth more than $600 million could have ended up in a Dutch auction.

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ForkLog 13 21.01.2022

The Graph raises $50 million from Tiger Global and other investors

The Graph, the startup developing the eponymous protocol for querying and obtaining data from blockchains, raised $50 million following the investment round. The round was led by Tiger Global, CoinDesk reports.

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ForkLog 13 13.01.2022

CertiK puts 2021 DeFi hacks at $1.3 billion

In 2021, the amount of funds stolen by hackers from DeFi applications more than doubled, reaching $1.3 billion. Problems linked to centralisation of projects became the most common attack vector, according to CertiK's report.

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ForkLog 19 04.01.2022

Liquidity in Osmosis DeFi ecosystem surpasses $1 billion

The Osmosis decentralized platform on Cosmos reached a TVL of $1 billion.

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ForkLog 22 04.01.2022

DeFi Chronicles 2021: Prospects for the ‘Financial LEGO’

ForkLog summarised the main aspects and trends in DeFi development in 2021, with a focus on the segment’s future prospects.

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ForkLog 8 02.01.2022

Aave begins development of a mobile wallet

Stani Kulechov, the founder of the lending DeFi project Aave, announced that his team is developing a mobile wallet.

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#DeFi