DeFi | ForkLog - Part 69

ForkLog 18 18.01.2021

DEX trading volume tops $30 billion since the start of January

In January, trading volume on decentralized exchanges (DEX) reached $33.5 billion, surpassing the record set in September 2020 ($26.6 billion). The data come from Dune Analytics.

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ForkLog 22 18.01.2021

Maps.me startup raises $50 million to build a DeFi ecosystem

The Maps.me startup, behind an offline navigation service, has raised $50 million to build a DeFi ecosystem. The seed round was led by Alameda Research, The Block reports.

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ForkLog 24 16.01.2021

DeFi project Synthetix launches Ethereum Layer-2 solution Optimistic Ethereum

The Synthetix platform for synthetic assets has begun a pilot launch of Ethereum Layer-2 solution Optimistic Ethereum (OΞ).

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ForkLog 8 11.01.2021

André Cronje announces collaboration between Curve and yEarn.Finance DeFi protocols

The founder of yEarn.Finance, André Cronje, congratulated his project and Curve on their anniversary and announced an upcoming collaboration between the two DeFi protocols.

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ForkLog 13 07.01.2021

DeFi project 1inch to launch new liquidity mining program

The liquidity aggregator from decentralized exchanges, 1inch, will upgrade the 1inch Liquidity Protocol to version 1.1 to improve governance procedures and will launch a new liquidity mining program, ForkLog representatives said.

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ForkLog 17 06.01.2021

ShapeShift to adopt a DeFi model to drop mandatory KYC registration

The cryptocurrency platform ShapeShift announced integration with a number of decentralised exchanges (DEXs) to free users from burdensome KYC procedures. The announcement was made on the company’s website.

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ForkLog 11 06.01.2021

Assets locked in DeFi protocols exceed $20 billion

Crypto assets deployed in DeFi protocols total $20.18 billion.

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ForkLog 8 03.01.2021

Value of MakerDAO’s locked assets tops $3 billion

Against the backdrop of rapid Ethereum growth, the total value locked (TVL) on MakerDAO's DeFi smart contracts reached $3.15 billion.

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ForkLog 48 03.01.2021

The DeFi Chronicles of 2020: rapid growth, challenges, and institutional headwinds

For the crypto industry, 2020 was marked by rapid growth in the decentralized finance (DeFi) sector. The number of users, the number of projects, and the total value locked in smart contracts rose by orders of magnitude.

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ForkLog 21 02.01.2021

Critical vulnerability found in new DeFi protocol from yEarn.Finance founder

An exploit detected in the smart contract of the DeFi project yCredit, launched yesterday, allows draining all user funds, according to blockchain developer Nour Haridy.

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ForkLog 7 01.01.2021

André Cronje, founder of yEarn.Finance, unveils new DeFi project yCredit

The well-known founder of yEarn.Finance, André Cronje, introduced the new DeFi project — yCredit.

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ForkLog 9 28.12.2020

Cover DeFi protocol token plunges 90% after attack

The Cover DeFi protocol token shed more than 90% in value after an unknown attacker exploited a vulnerability in the code and minted additional tokens.

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#DeFi