DeFi | ForkLog - Part 64

ForkLog 35 09.04.2021

The Harvest Heist: How Hackers Obfuscated Trails After Harvest Finance Attack

Rapid growth of DeFi attracted the attention of attackers who exploit vulnerabilities in existing projects and create their own fraudulent schemes under the banner of decentralized finance. For ForkLog, the analytical company Crystal Blockchain thoroughly analyzed the Harvest Finance hack, which became the largest incident in the DeFi space in late 2020.

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ForkLog 21 08.04.2021

1inch team unveils the 1inch Network ecosystem

The developers of the 1inch liquidity aggregator for decentralized exchanges presented an ecosystem for secure and efficient operations.

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ForkLog 10 06.04.2021

Volume of assets locked in DeFi protocols reaches $100 billion

According to data from DefiLlama, the total value locked (TVL) in the DeFi sector has for the first time exceeded $100 billion.

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ForkLog 24 06.04.2021

NEAR Protocol developers launch bridge to Ethereum

The NEAR Protocol team announced the launch of a cross-chain solution with Ethereum named Rainbow Bridge. The bridge will enable moving ERC-20 tokens between the two networks.

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ForkLog 10 05.04.2021

Liquity DeFi Protocol Launches on Ethereum Mainnet

Liquity launches on Ethereum mainnet on April 5.

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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 14 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 14 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 13 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 23 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 51 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 12 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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#DeFi