DeFi | ForkLog - Part 60

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ForkLog 14 09.06.2021

Singapore’s Spartan Group launches a $110 million fund for DeFi investments

Singaporean investment company Spartan Group launched a $110 million venture fund to support applications in the decentralized finance space.

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ForkLog 7 08.06.2021

Fusion releases Chainge Finance app for Android

The DeFi app Fusion is available for download on Google Play. It is a mobile crypto wallet with banking features.

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ForkLog 60 08.06.2021

CoinEx Smart Chain to pay up to $100,000 to developers of promising DeFi projects

On May 31, the CoinEx Smart Chain testnet went live. The project plans to run a DeFi project competition with prizes of up to $100,000.

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ForkLog 9 05.06.2021

Shield project secures $2 million in funding to develop DeFi futures

The DeFi protocol Shield developed a smart contract for trading perpetual futures. Shield users can open a short position and profit from a drop in the asset's price. The concept attracted AT&T Capital and Hashkey Capital, which, along with other investors, invested $2 million in Shield.

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ForkLog 20 04.06.2021

Alameda Research backs DeFi project on Binance Smart Chain in $7 million seed round

The DeFi project Impossible Finance, operating in the Binance Smart Chain (BSC) ecosystem, raised $7 million in a seed funding round.

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ForkLog 13 02.06.2021

DeFi project EmiSwap raises $104 million in funding

A community-governed decentralized exchange (DEX), EmiSwap, raised $104 million from an undisclosed number of investors. The maximum investment from any single investor was $25,000.

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ForkLog 17 01.06.2021

Thai authorities weigh regulation of the DeFi sector

The Securities and Exchange Commission of Thailand (SEC) is considering regulating the decentralised finance (DeFi) sector, according to the agency’s website.

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ForkLog 25 30.05.2021

Hacker stole $6.2 million from Belt Finance DeFi protocol

The hacker stole $6.2 million from Belt Finance, a DeFi protocol built on the Binance Smart Chain DeFi ecosystem.

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ForkLog 22 28.05.2021

DeFi project BurgerSwap lost $7.2 million in an attack

Two DeFi protocols built on Binance Smart Chain — BurgerSwap and Julswap — were subjected to attacks using flash loans.

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ForkLog 16 27.05.2021

1inch opens fiat sales of DeFi assets through Mercuryo integration

The liquidity aggregator from decentralized exchanges 1inch has partnered with payments network Mercuryo and opened fiat-based sales of DeFi assets.

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ForkLog 16 27.05.2021

Glassnode: DeFi sector resists panic on May 19

The DeFi sector showed resilience during the May 19 crash and extreme gas prices. This manifested in high activity on the DEX, robustness of liquidation and arbitrage mechanisms, and the pegging of stablecoins, according to Glassnode analysts.

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ForkLog 17 26.05.2021

Wharton School: DeFi Could Reshape the Global Financial System

DeFi has the potential to transform global finance, but today activity is more concentrated in leveraged trading and yield generation. This view was expressed by experts at the Wharton School of the University of Pennsylvania.

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