DeFi | ForkLog - Part 48

ForkLog 6 19.11.2021

DeFi users’ losses in 2021 reached $10.5 billion

Since 2020, users have incurred losses totaling over $12 billion from fraud and theft on DeFi platforms, with most losses—$10.5 billion—occurring in 2021.

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ForkLog 9 19.11.2021

Alameda Research takes out a $25 million loan via Maple Finance DeFi platform

The venture firm Alameda Research, Sam Bankman-Fried's, raised $25 million via the Maple Finance DeFi platform.

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ForkLog 23 16.11.2021

1inch announces full transition to a DAO

The DeFi project 1inch announced the transition to the second stage on its path to implementing a decentralized governance system for the protocol.

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ForkLog 21 16.11.2021

Developer of the liquid-staking platform pSTAKE raises $10 million from Galaxy Digital and others

Persistence, the startup behind the pSTAKE liquid-staking solution, raised $10 million in a strategic funding round led by Three Arrows Capital, Sequoia Capital India, Galaxy Digital and DeFiance Capital Invest.

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ForkLog 23 16.11.2021

Study finds governance DeFi tokens rarely used as intended

Economist Alex Kruger concluded that liquidity mining tokens issued under such programs are often used inefficiently.

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ForkLog 16 16.11.2021

Coinbase weighs integration with DeFi platforms

Coinbase is exploring the possibility of integrating with external DeFi applications.

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ForkLog 9 16.11.2021

Alex startup raises $5.8 million to build a DeFi platform on Bitcoin

The team behind the Alex decentralized platform on the Stacks blockchain has raised $5.8 million in a funding round led by White Star Capital.

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ForkLog 34 15.11.2021

ParaSwap launches governance-token airdrop

ParaSwap, a liquidity aggregator across decentralized exchanges, issued the PSP governance token and launched an airdrop of 150 million tokens to build the community.

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ForkLog 17 14.11.2021

Cream Finance token price plunges after announcement of user-reimbursement plan

Cream Finance's DeFi token fell by more than 35% after developers announced a reimbursement program for users affected by October's hack.

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ForkLog 17 10.11.2021

Chainlink chief predicts mass institutional influx into the DeFi sector in 2022

In 2022, the decentralized finance (DeFi) space will continue to grow thanks to the entry of traditional banks. This was stated by Chainlink co-founder Sergey Nazarov, Decrypt reports.

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ForkLog 9 10.11.2021

Binance CEO: SQUID token scam is not the last in the DeFi sector

The founder and CEO of the Binance cryptocurrency exchange, Changpeng Zhao, commented on the SQUID token scam inspired by the popular Netflix series 'Squid Game' and other risks for users in the decentralized finance (DeFi) space.

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ForkLog 10 09.11.2021

Why DeFi and NFT Projects Are Choosing Polygon? Itez Explains

The cryptocurrency buying service Itez explains Polygon's prospects and the reasons for the popularity of Layer-2 solutions.

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