DeFi | ForkLog - Part 49

ForkLog 10 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 39 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 11 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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ForkLog 37 05.11.2021

DeFi platform bZx reports hack; losses estimated at $55 million

On Friday, November 5, the developers of the DeFi platform bZx acknowledged the loss of funds due to a hack.

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ForkLog 14 03.11.2021

Lawyers Outline Risks for NFT and DeFi Projects Under Updated FATF Guidelines

For ForkLog, the experts analysed the most significant changes in FATF guidance for the crypto industry, which could potentially pose risks to the founders and developers of DeFi and NFT projects.

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ForkLog 122 31.10.2021

What is Fantom (FTM)?

An overview of Fantom, a high-performance, DAG-based smart-contract platform.

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ForkLog 12 29.10.2021

Justin Sun Moves Billions of Dollars of Cryptocurrency Out of Aave Pools

Tron founder Justin Sun pulled a significant portion of liquidity from the pools of the DeFi protocol Aave, according to The Block analyst Igor Igamberdiev.

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ForkLog 37 29.10.2021

CryptoPunk owner sells NFT to himself for $532m in Ethereum

In the early hours of October 29, the NFT CryptoPunk #9998 was sold for a record 124,457 ETH ($532 million at the time of the transaction). However, the deal proved to be fictitious—the owner sold the token to himself.

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ForkLog 21 29.10.2021

Experts flag DeFi risks in FATF final provisions

The text of the final FATF guidance for the cryptocurrency industry does not contain clear and narrow restrictions on supervisory functions. Its participants have not received answers, 'the saga continues', says former Compound Labs chief legal officer Jake Chervinsky.

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#DeFi