DeFi | ForkLog - Part 69

ForkLog 13 04.02.2021

Opyn, a DeFi options platform, raises $6.7 million

The decentralized Opyn options platform raised $6.7 million in a Series A round.

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ForkLog 17 03.02.2021

RenBTC Development Team to Join Alameda Research

The RenBTC development team, behind the tokenized-Bitcoin project, will join Alameda Research, the venture firm and market maker in the crypto markets.

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ForkLog 10 03.02.2021

DeFi project yEarn.Finance to issue YFI tokens worth $218 million

The yEarn.Finance community approved the proposal to increase YFI issuance by 6,666 tokens (~$218 million) with 83.46% of the vote.

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ForkLog 23 01.02.2021

Media: Four DeFi projects on Binance Smart Chain carried out exit scams totalling 54,000 BNB

Four DeFi projects on the Binance Smart Chain (BSC) carried out exit scams, siphoning users' funds. This was reported by reporter Colin Wu, citing several investors.

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ForkLog 8 30.01.2021

DEX trading volume tops $50 billion since the start of January

The total turnover of decentralized exchanges (DEX) for January so far reached a record $53.4 billion.

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ForkLog 9 27.01.2021

0x team unveils new protocol version with lower gas costs

Developers of the Ethereum protocol for decentralized exchanges, 0x, unveiled its fourth version. Among the changes are lower gas costs and new capabilities to combine different platforms.

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ForkLog 20 27.01.2021

Opium Protocol launches governance token OPIUM

DeFi platform for cryptocurrency derivatives Opium Protocol will conduct an airdrop of governance tokens OPIUM as part of its drOpium liquidity-mining model. The latter will give users the chance to receive thousands of times more tokens, ForkLog reported.

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ForkLog 25 27.01.2021

Ernst & Young: Financial firms to launch their own DeFi apps

By the end of 2021, at least one financial institution will launch its own DeFi platform for its clients. EY's chief forecaster Paul Brody expressed this view in a CoinDesk interview.

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ForkLog 12 27.01.2021

dYdX raises $10 million to develop its perpetual contracts ecosystem

The DEX for cryptocurrency derivatives dYdX raised $10 million in a Series B round led by Three Arrows Capital and DeFiance Capital.

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ForkLog 229 26.01.2021

Galaxy Digital and Coinbase Invest $25 Million in Terra Stablecoin Ecosystem

Terraform Labs, the developer of the Terra stablecoin, raised $25 million to expand the asset's use in the DeFi sector.

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ForkLog 11 26.01.2021

Nimbus Platform launches the eponymous DeFi ecosystem

Nimbus launched the eponymous DeFi ecosystem with dapps for P2P lending, startup financing, IPO investments, and arbitrage trading. ForkLog reported this from the project7s developers.

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ForkLog 8 25.01.2021

Vitalik Buterin Stakes $10,000 in Synthetix Tokens

Vitalik Buterin, founder of the second-largest cryptocurrency by market capitalization, transferred 562 native tokens of the DeFi protocol Synthetix (SNX) valued at $9,695 into staking. Earlier, the project launched a second-layer solution called Optimistic Ethereum (OΞ).

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#DeFi