DeFi | ForkLog - Part 56

ForkLog 18 12.07.2021

Chia Network founder unveils plans for a decentralised exchange.

Chia founder Bram Cohen outlined plans to develop DeFi products within the project's ecosystem.

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ForkLog 19 12.07.2021

Hackers drain more than $4m from DeFi projects due to ChainSwap vulnerability

Hackers exploited a critical vulnerability in the ChainSwap cross-chain bridge's smart contract and drained more than $4m from DeFi projects. To mitigate the fallout, developers will release a new version of their own token ASAP.

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ForkLog 25 08.07.2021

Nassim Taleb criticises the trading of tokenised securities

The philosopher and author of The Black Swan, Nassim Taleb, said that the DeFi sector has reinvented bucket shops and urged young traders to learn from veteran traders.

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ForkLog 12 07.07.2021

CoinGecko releases two new editions of its book What is DeFi

The analytics service CoinGecko announced the release of two new editions of its book 'What is DeFi' for beginners and experienced users.

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ForkLog 12 06.07.2021

Polygon transaction volumes several times higher than Ethereum and Binance Smart Chain

Daily transaction volume in the Polygon network exceeded Binance Smart Chain by 2.38x and Ethereum by 6.59x.

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ForkLog 9 06.07.2021

FATF says progress in regulating the cryptocurrency industry is insufficient

Some jurisdictions have made progress implementing the FATF’s revised standards, but that is not enough for full regulation of the crypto industry, according to the review.

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ForkLog 38 05.07.2021

Aave to launch institutional-focused DeFi protocol

The Aave lending project will launch Aave Pro, an institutional-focused protocol, in response to rising demand.

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ForkLog 18 01.07.2021

1inch Network to launch its own stablecoin

The DeFi project 1inch Network, in partnership with the ICHI platform, is launching a new internal-use stablecoin for the community — one1INCH. ForkLog has been informed of the development by project representatives.

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ForkLog 40 01.07.2021

What is Compound (COMP)?

Compound Finance is a decentralised lending protocol where interest rates are set algorithmically by supply and demand.

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ForkLog 11 30.06.2021

1inch unveils new governance voting system for protocol settings

The liquidity aggregator from decentralized exchanges 1inch launched a new governance voting system for protocol settings, which will complement the “instant governance” token.

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ForkLog 10 30.06.2021

WhaleFarm project suspected of exit scam as token price falls 99%

The WhaleFarm DeFi project team is suspected of diverting $2.3 million from investors. The native token price fell by 99% in minutes. The matter drew the attention of a crypto analyst known as CryptoWhale.

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ForkLog 12 29.06.2021

Compound Labs opens DeFi access for institutions

Compound Labs, the team behind the eponymous lending project, has launched its subsidiary Compound Treasury. It provides neobanks and other financial institutions access to the DeFi ecosystem.

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#DeFi