DeFi | ForkLog - Part 53

ForkLog 13 22.08.2021

Luna Yield DeFi project developers stole about $8 million from investors

The Luna Yield DeFi protocol on the Solana blockchain abruptly ceased operations a few days after launch. The project\'s website and social media were shut down, and its developers withdrew about $8 million from the protocol.

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ForkLog 17 19.08.2021

Galaxy Digital launches DeFi-sector index and fund

The cryptocurrency-trading bank Galaxy Digital, in partnership with Bloomberg, unveiled a new index tracking the decentralised finance (DeFi) sector.

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ForkLog 24 19.08.2021

Avalanche launches a $180 million fund to develop DeFi projects

The nonprofit Avalanche Foundation has created a $180 million fund, with resources to attract DeFi applications and assets to the network.

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ForkLog 15 19.08.2021

Gensler: DeFi decentralisation does not immunise against SEC oversight

DeFi projects may be regulated by oversight authorities, regardless of the degree of their decentralisation. This was stated by Gary Gensler, the head of the U.S. Securities and Exchange Commission (SEC).

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ForkLog 19 18.08.2021

Buterin proposes scrapping token-based governance for DeFi projects

DeFi projects require decentralized governance, but token voting in its current form poses numerous risks to the sector's development, said Vitalik Buterin.

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ForkLog 24 18.08.2021

White-hat hacker foils $350m theft in SushiSwap DeFi project

Paradigm partner and cybersecurity expert Sam San explained how he identified and helped fix a vulnerability in the SushiSwap DeFi project. The bug threatened losses of more than 109,000 ETH (about $350 million at the time).

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ForkLog 15 17.08.2021

DeFi project Ondo raises $4 million to launch a DAO and its own token

A project by former Goldman Sachs employees, Ondo Finance, has raised $4 million in seed funding.

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ForkLog 35 16.08.2021

Financial alchemy: how to boost income with Uniswap v3 liquidity managers

We examined Uniswap v3 liquidity managers, studying their functionality and performance metrics.

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ForkLog 14 12.08.2021

Popsicle Finance proposes NFT-based compensation for hack losses

The DeFi protocol Popsicle Finance has outlined details of a recent hack and plans to compensate users for their losses.

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ForkLog 27 11.08.2021

Gemini acquires Guesser, a decentralized prediction platform

The Winklevoss twins' cryptocurrency exchange Gemini has acquired the decentralized prediction platform Guesser.

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ForkLog 15 11.08.2021

Hacker who stole $611 million from Poly Network begins returning funds

On August 11, an unknown attacker who had hacked Poly Network the day before said he intended to return the $611 million stolen in the attack.

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ForkLog 21 10.08.2021

Hackers stole $611 million from the Poly Network cross-chain protocol

On August 10, unknown hackers breached the Poly Network cross-chain protocol and stole $611 million in various cryptocurrencies. The project team urged exchanges to block the stolen funds.

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#DeFi