DeFi | ForkLog - Part 63

ForkLog 9 05.04.2021

FEI developers raise $1.3 billion as users incur losses

The creators of the algorithmic stablecoin FEI raised 639,000 ETH ($1.3 billion at the time of writing), and the FEI-ETH pool became the largest on Uniswap — $2.55 billion. The hype led to a misalignment in its system and 34% “paper” losses for participants in the issuance.

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ForkLog 13 05.04.2021

DeFi Project Force DAO Attacked After Launch

On Sunday, April 4, the DeFi protocol Force DAO said hackers attacked a few hours after launch. The FORCE token shed 90%.

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ForkLog 13 03.04.2021

DeFi Bulletin: Uniswap v3 on the Horizon, the First DEX on Tezos and Explosive Growth on Binance Smart Chain

The decentralized finance (DeFi) sector continues to attract heightened attention from cryptocurrency investors. ForkLog has compiled the most important events and news of recent weeks into this digest.

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ForkLog 11 03.04.2021

Paradigm hedge fund and partners to buy 10% of Lido tokens

The developers of the DeFi project Lido DAO put forward to the community for consideration a proposal to sell 100 million LDO (10% of issuance) for 21,600 ETH to hedge fund Paradigm and its strategic partners. At the time of writing, the potential investment size exceeds $43 million.

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ForkLog 14 31.03.2021

ImToken’s Ethereum wallet team raises $30 million

ImToken developers, the non-custodial wallet and DApps browser with asset-management features, raised $30 million in a Series B round.

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ForkLog 36 30.03.2021

Hester Peirce urges DeFi projects to engage with the SEC

Developing uniform rules for the DeFi space is difficult due to the diversity of ecosystems, so individual projects should engage with the SEC to avoid infringing securities laws. This view was voiced by Commissioner Hester Peirce.

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ForkLog 10 30.03.2021

Pantera Capital Leads $6 Million Series A Round for Liquity Protocol

Liquity Protocol, a lending platform, raised $6 million in a Series A round led by Pantera Capital.

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ForkLog 9 29.03.2021

DeFi TVL nears $80 billion

The total value locked (TVL) in DeFi protocols reached $78.7 billion. The rise was driven by projects built on the Binance Smart Chain.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 12 28.03.2021

SushiSwap launches its first BentoBox-based application.

The SushiSwap team announced the launch of BentoBox, an 'app store', and the first lending and margin-trading solution built on it — Kashi.

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ForkLog 15 26.03.2021

OKEx and MXC to commit $40 million to DeFi development on the Solana blockchain

Cryptocurrency exchanges OKEx and MXC have decided to allocate $40 million as strategic investments in the Solana blockchain ecosystem.

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ForkLog 13 23.03.2021

Google Trends: Interest in Uniswap Nears DeFi Boom Records

The number of searches for 'uniswap' reached 87% of the September 2020 level. This period is linked to the DeFi boom.

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ForkLog 11 22.03.2021

FATF Includes DeFi in Draft Guidance for the Crypto Industry

The Financial Action Task Force (FATF) has proposed amendments to the guidelines for the cryptocurrency industry. Under the draft, the regulator's focus includes the DeFi sector and NFTs.

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#DeFi