DeFi | ForkLog - Part 66

ForkLog 27 14.02.2021

DeFi project Synthetix raises $12 million in round led by Paradigm and Coinbase Ventures

The Synthetix platform for synthetic assets raised $12 million in funding through a direct sale of native SNX tokens, according to Cointelegraph.

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ForkLog 19 13.02.2021

DeFi Bulletin: 1inch launches new airdrop, while 0x unveils a more efficient protocol

The decentralized finance (DeFi) sector continues to attract heightened attention from cryptocurrency investors and traders. ForkLog has compiled the most important events and news from the last three weeks in a digest.

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ForkLog 18 13.02.2021

Hacker drains $37.5 million from Cream Finance DeFi protocol

The attacker exploited a vulnerability in the Iron Bank DeFi protocol (Cream Finance's v2) and withdrew tokens totaling $37.5 million.

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ForkLog 13 12.02.2021

DeFi project 1inch conducts additional governance token airdrop

The 1inch liquidity aggregator from decentralized exchanges has distributed additional governance tokens 1INCH to users, ForkLog.

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ForkLog 10 12.02.2021

Balancer DeFi protocol raises $5 million in token sale

Balancer Labs, the company behind Balancer, attracted investments of $5 million from Three Arrows Capital and DeFiance Capital through a direct sale of BAL tokens.

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ForkLog 9 11.02.2021

Equilibrium project to bring Curve Finance to Polkadot

The Equilibrium platform has begun work on implementing Curve Finance on Polkadot.

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ForkLog 7 11.02.2021

AllianceBernstein flags competition between the DeFi sector and banks

The financial giant AllianceBernstein, with $600 billion in assets under management, addressed decentralized exchanges in a client note and forecast DeFi protocols expanding to the scale of traditional-finance institutions.

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ForkLog 11 10.02.2021

Singapore launches $50m fund to invest in DeFi projects

Singaporean investment company Spartan Group announced the creation of a new $50 million venture fund to back DeFi projects.

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ForkLog 9 10.02.2021

Fed study sees potential for integrating DeFi into the financial system

The Federal Reserve Bank of St. Louis released a report on the advantages and risks of deploying DeFi protocols in the financial infrastructure.

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ForkLog 35 10.02.2021

yEarn.Finance reimbursed losses to the v1 yDAI pool after attack

The DeFi project yEarn.Finance has reimbursed the damage caused to the v1 yDAI pool as a result of an attack by an unknown attacker on February 5.

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ForkLog 22 09.02.2021

ChainSafe builds bridge to move DeFi assets between Avalanche and Ethereum

A group of ChainSafe developers has built a 'bridge' between the Avalanche and Ethereum blockchains to move DeFi project assets across both ecosystems.

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ForkLog 10 08.02.2021

Curve Finance closes pool after vulnerability found in yVault2

The Curve Finance decentralised exchange team identified a vulnerability in the new yVault2 liquidity pool linked to the DeFi project yEarn.Finance. Users' funds were not affected, the developers said.

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#DeFi