DeFi | ForkLog - Part 61

ForkLog 39 25.05.2021

Analysts warn of SafeMoon DeFi bugs enabling $20m asset drain

HashEx researchers, during the audit, identified 12 vulnerabilities in the SafeMoon DeFi project's smart contracts. The detected bugs could allow assets worth $20 million to be withdrawn and block transactions, analysts noted.

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ForkLog 19 24.05.2021

UMA and Opium to Launch SpaceX Launch Insurance Solution

The DeFi platform for crypto-derivatives Opium Protocol announced a collaboration with the decentralized UMA platform to launch the Optimistic Oracle solution, according to a developers' press release.

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ForkLog 19 24.05.2021

PwC finds crypto funds showing growing interest in the DeFi sector

The assets under management (AUM) of crypto hedge funds rose in 2020 from $2 billion to $3.8 billion, and DeFi protocol tokens were widely distributed across portfolios. This is according to a PwC report.

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ForkLog 9 24.05.2021

Binance Smart Chain project suspected of scam; team says it was hacked

The team behind the DeFi100 decentralised finance protocol on the Binance Smart Chain was suspected of fraud. The developers themselves claimed there was a hacker attack and stressed that there was no exit scam.

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ForkLog 20 20.05.2021

Hacker crashes PancakeBunny token price

The price of the PancakeBunny token of the DeFi protocol operating on the Binance Smart Chain fell by more than 80% due to the attack. An unknown actor used flash loans to carry it out.

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ForkLog 23 20.05.2021

Beam developers raise $2 million from investors

Beam developers of a private DeFi platform and a privacy-focused cryptocurrency have raised $2 million in funding, according to project representatives.

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ForkLog 52 19.05.2021

Venus protocol on Binance Smart Chain records $200 million in liquidations.

Against the backdrop of a market correction, the liquidation volume in the Venus lending DeFi protocol on Binance Smart Chain (BSC) reached $200 million.

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ForkLog 53 17.05.2021

DeFi dashboard Zapper raises $15 million from Mark Cuban, Ashton Kutcher and other investors

DeFi dashboard Zapper raised $15 million in a Series A round led by Framework Ventures.

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ForkLog 29 17.05.2021

DeFi protocol bEarn Fi loses $11 million in a hack

An attacker targeted the cross-chain yield-farming protocol bEarn Fi operating on the Binance Smart Chain (BSC) and withdrew assets worth about $11 million from its pools.

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ForkLog 13 13.05.2021

CipherTrace: Hackers Stole $156 Million from DeFi Protocols in 2021

In 2021, losses from cryptocurrency-related crime fell, but the volume of thefts in the decentralised finance (DeFi) sector reached a record $156 million. This is stated in CipherTrace's latest report.

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ForkLog 16 13.05.2021

Solana Raises $60 Million for Projects in Brazil, India, Russia and Ukraine

The Solana Foundation, a nonprofit organization, has secured $60 million from Hacken, Gate.io, Coin DCX and BRZ. The funds will support three funds aimed at expanding the ecosystem in developing economies. CoinDesk reports.

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ForkLog 28 13.05.2021

1inch Network ecosystem expands to Polygon network

The 1inch liquidity-aggregator team launched the 1inch Aggregation Protocol on the Polygon network (formerly Matic), a layer-2 solution for the Ethereum blockchain. ForkLog reported.

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#DeFi