DeFi | ForkLog - Part 57

ForkLog 19 16.07.2021

THORChain DeFi protocol halted after hacker attack

The THORChain protocol lost, according to preliminary estimates, about $4.9 million in cryptocurrency due to a hacker attack. To contain the incident's consequences, all network operations have been suspended by node consensus.

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ForkLog 13 15.07.2021

ShapeShift moves to a decentralized governance model

The non-custodial cryptocurrency platform ShapeShift will hand control of the project to the community after the FOX token airdrop. This is stated in a press release.

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ForkLog 19 14.07.2021

Shipyard Software-backed Clipper raises $4 million

The Shipyard Software-backed platform behind a cloud platform for developers raised $4 million from Polychain Capital and other investors to build the decentralised exchange Clipper, according to The Block.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 25 13.07.2021

DeFi project Superfluid Finance raises $9 million from Multicoin Capital and other investors

A DeFi protocol focused on recurring payments, Superfluid Finance, raised $9 million in a seed round led by venture firm Multicoin Capital.

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ForkLog 20 12.07.2021

Shibaswap’s locked value reaches $1.5 billion in a week

Over the week since its launch, the decentralized exchange (DEX) Shibaswap drew in assets totaling $1.54 billion, according to DeFi Llama.

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ForkLog 26 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 29 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 34 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 21 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 21 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 45 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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#DeFi