DeFi | ForkLog - Part 72

ForkLog 42 18.12.2020

Warp Finance DeFi project loses $7.7 million in attack

The Warp Finance DeFi platform was hit by a flash loan attack eight days after launch. The project team estimated losses at $7.7 million in stablecoins USDC and DAI.

AI translated

ForkLog 19 18.12.2020

DeFi project Compound to launch cross-chain protocol

The lending DeFi project Compound unveiled a whitepaper detailing Compound Chain — a new protocol designed to enable interaction of assets across different blockchains.

AI translated

ForkLog 17 16.12.2020

Hacker Demanded 4,500 ETH ransom from Nexus Mutual founder

The attacker who hacked the personal wallet of Nexus Mutual founder Hugh Karp demanded 4,500 ETH (~$2.6 million at the time of writing). The hacker's comment was left via a transaction.

AI translated

ForkLog 19 16.12.2020

Polychain Capital Leads Private Token Sale in Cryptographically Transparent DeFi Project

The cryptocurrency-focused venture firm Polychain Capital led a private funding round for the California-based Findora project, whose adviser is Balaji Srinivasan, the former Coinbase CTO.

AI translated

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 8 16.12.2020

DistX DeFi token crashes after project founders drain liquidity pool

The DistX token-sale platform's market capitalization collapsed in a single day, from $1.5 million to less than $15,000 after the project closed and its founders withdrew funds from the Uniswap liquidity pool.

AI translated

ForkLog 18 16.12.2020

Secret Network launches a privacy bridge between Ethereum and ERC-20 tokens

On Tuesday, December 15, developers of Secret Network unveiled a new protocol designed to serve as a bridge to Ethereum, the second-largest cryptocurrency by market capitalization, and to provide privacy features for ETH and ERC-20 tokens. Among the latest are tokens from popular DeFi projects.

AI translated

ForkLog 15 15.12.2020

Hacker uses renBTC to move Nexus Mutual founder’s funds to Bitcoin addresses

The attacker who stole the Nexus Mutual founder’s funds used the renBTC tokenised-Bitcoin protocol to withdraw 137 BTC to two addresses.

AI translated

ForkLog 20 15.12.2020

DeFi Project Launched by Banker Alexander Lebedev

Developers have launched the DeFi project InDeFiEco, which positions itself as 'an independent decentralized financial ecosystem'. Previously, Russian entrepreneur and banker Alexander Lebedev invested in it.

AI translated

ForkLog 24 14.12.2020

Hacker drains founder’s personal address of DeFi protocol for $8 million

An unknown attacker siphoned more than $8 million in native NXM tokens from the personal wallet of Nexus Mutual founder Hugh Karp.

AI translated

ForkLog 14 11.12.2020

RSK to launch tool enabling interaction between Bitcoin and Aave

The developers of the RSK platform announced the launch of a tool enabling interaction between Bitcoin and Aave's DeFi service token.

AI translated

ForkLog 11 11.12.2020

MetaMask to release institutional version of Ethereum wallet

The Ethereum company ConsenSys announced an imminent release of an institutional version of the popular MetaMask wallet.

AI translated

ForkLog 11 07.12.2020

Dune Analytics: DEX trading volumes fall for two consecutive months

The aggregate trading volume on decentralized exchanges (DEXs) has declined for two consecutive months, according to data from Dune Analytics.

AI translated

#DeFi