DeFi | ForkLog - Part 50

ForkLog 34 27.10.2021

Cream Finance DeFi protocol hacked again

The decentralized Cream Finance protocol has been hacked once again. This was noted by The Block analyst Igor Igamberdiev.

AI translated

ForkLog 22 26.10.2021

A Safe Harbour in DeFi’s Rough Seas: How Fixed-Rate Lending Protocols Are Evolving

ForkLog examines the features of fixed-rate lending protocols.

AI translated

ForkLog 20 25.10.2021

Gensler reiterates call for DeFi regulation

The decentralized finance (DeFi) sector is among the most innovative, but that does not exempt it from regulation. This was stated by SEC Chair Gary Gensler at the Yahoo Finance summit.

AI translated

ForkLog 27 25.10.2021

Sino Global Capital launches $200m fund for DeFi- and NFT-infrastructure investments

The Chinese venture firm Sino Global Capital has announced the launch of a $200 million fund. The capital will be used to back startups in the Solana and Ethereum ecosystems, including those linked to DeFi- and NFT-infrastructure, The Block reports.

AI translated

ForkLog 10 22.10.2021

Cross-chain exchange zkLink raises $8.5 million in seed funding

The decentralized cross-chain exchange zkLink, based on second-layer ZK-Rollups technology, raised $8.5 million in seed funding.

AI translated

ForkLog 15 21.10.2021

Blockchain.com leads $2 million seed round for Symbiosis Finance

The multi-chain liquidity protocol Symbiosis Finance has completed a $2 million seed funding round led by Blockchain.com Ventures.

AI translated

ForkLog 39 21.10.2021

Hackers stole $1.9 million from the DeFi protocol PancakeHunny

The PancakeHunny decentralized protocol was attacked using a flash loan and lost 388 BNB and 1.7 million TUSD (approximately $1.9 million).

AI translated

ForkLog 25 20.10.2021

Galaxy Digital, Multicoin Capital and Variant to commit $685 million to crypto startups

The cryptocurrency trading bank Galaxy Digital and venture firms Multicoin Capital and Variant said they planned to invest in crypto startups in the amounts of $325 million, $250 million and $110 million respectively.

AI translated

ForkLog 34 18.10.2021

Indexed Finance team claims to have identified the hacker who stole $16 million.

The Indexed Finance DeFi project team claims to have identified the attacker who siphoned assets worth approximately $16 million from the protocol.

AI translated

ForkLog 35 15.10.2021

DeFi project Indexed Finance loses $16 million in hacker attack

An unknown attacker drained assets worth about $16 million from the liquidity pools of the DeFi project Indexed Finance. The developers said the hacker exploited a vulnerability in the rebalancing mechanism.

AI translated

ForkLog 17 14.10.2021

Swiss crypto bank SEBA opens institutional access to DeFi and staking

The FINMA-regulated cryptocurrency bank SEBA announced the launch of SEBA Earn. The service will allow institutional clients to earn income from crypto lending operations, DeFi and staking of cryptocurrencies, including Cardano, Polkadot and Tezos.

AI translated

ForkLog 31 14.10.2021

Financial Hardcore: What Is the Future of Decentralized Options

ForkLog has examined the features of decentralized options, identified the reasons for their rising popularity, and learned about the pitfalls of these complex but interesting and promising financial instruments.

AI translated

#DeFi