DeFi | ForkLog - Part 71

ForkLog 14 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 9 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 61 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 27 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 13 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 10 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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ForkLog 31 27.12.2020

Alexander Lebedev’s cryptocurrency bank pulls in more than $3.5 million in investments

DeFi project Indefieco announced the completion of the initial distribution of 10% of the platform's governance tokens. As part of this process, partners provided liquidity in various cryptocurrencies, receiving xIDF tokens for free.

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ForkLog 24 25.12.2020

DeFi project 1inch launches its namesake governance token, with a portion distributed to users.

The liquidity aggregator from decentralized exchanges 1inch issued the 'instant governance' token 1INCH. It is used only within the ecosystem and allows the community to vote on protocol settings, ForkLog representatives said.

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ForkLog 17 22.12.2020

Nexus Mutual founder reveals details of $8m hack

Hugh Karp, founder of the DeFi mutual-insurance project Nexus Mutual, having lost more than $8 million in the hack, described the incident in detail and gave recommendations to users.

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ForkLog 13 21.12.2020

Warp Finance developers recover 75% of stolen $7.7 million

The creators of the DeFi protocol Warp Finance have recovered $5.85 million, or 75% of the funds stolen in the December 18 attack.

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ForkLog 19 18.12.2020

DeFi project Opium Protocol to launch insurance and staking service

The Opium Protocol, a crypto-derivatives platform backed by Galaxy Digital and Alameda Research, announced the launch of a DeFi risk-hedging service.

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ForkLog 17 18.12.2020

Dapp transaction volumes surged by 1,200% in 2020

The total value of transactions in decentralised applications reached $270 billion in 2020. The growth rate stood at 1,178%.

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#DeFi