DeFi | ForkLog - Part 72

ForkLog 10 26.11.2020

DAI price spike on Coinbase triggers $100m liquidations on Compound

A brief spike in the price of the DeFi token DAI on Coinbase led to the liquidation of users’ positions on the crypto-lending platform Compound, amounting to millions of dollars.

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ForkLog 18 26.11.2020

yEarn.Finance to absorb Cream Finance after Pickle Finance merger

Founder of the DeFi project yEarn.Finance, Andre Cronje, presented details of the integration with the lending protocol Cream, which operates on the model of the Compound and Aave projects. He said this two days after the merger of yEarn.Finance with Pickle Finance.

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ForkLog 10 26.11.2020

Study finds DeFi token indexes are not as diversified as commonly believed

A problem with DeFi indexes is their excessive dependence on the performance of a handful of blue-chip components. They do not always achieve the goal of reducing risk for investments in this sector. This is described in a study by Messari analyst Roberto Talamas.

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ForkLog 12 25.11.2020

Money on Chain launches decentralised exchange Tex on Bitcoin sidechain RSK

The Bitcoin-collateralised DeFi protocol developer Money on Chain announced the launch of the automated decentralised exchange Tex based on the RSK protocol.

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ForkLog 16 25.11.2020

Chainlink co-founder: Attacks on DeFi protocols using flash loans will continue

Price oracles are a weak spot for DeFi protocols, and attacks on them will continue and become more sophisticated. This was stated by Chainlink co-founder Sergey Nazarov on the Decrypt Daily podcast.

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ForkLog 20 25.11.2020

Pickle Finance to merge with yEarn.Finance after $20 million loss

Developers of the decentralized finance protocol Pickle Finance announced a merger with the DeFi project yEarn.Finance, led by Andre Cronje.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 8 23.11.2020

yEarn.Finance founder unveils new DeFi protocol Deriswap

The founder of the DeFi project yEarn.Finance, Andre Cronje, announced a new decentralized protocol, Deriswap. It is currently undergoing an audit, according to a statement.

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ForkLog 24 22.11.2020

DeFi project Pickle Finance lost nearly $20 million in hack

An attacker withdrew about $19.76 million from one of the Pickle Finance protocol's smart contracts.

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ForkLog 8 20.11.2020

Glassnode: Ethereum holders favour DeFi services over centralized exchanges

The amount of Ethereum on centralized exchanges is steadily decreasing. Against this backdrop, the share of supply locked in the DeFi sector is rising. This is indicated by Glassnode data.

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ForkLog 13 19.11.2020

Survey: 36% of users do not trust DeFi

A third of ForkLog respondents declined to invest in the DeFi sector due to distrust of the projects.

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ForkLog 14 18.11.2020

1inch developers announce the second phase of yield farming on Mooniswap

Among liquidity providers in four Mooniswap pools, an additional 1% of the native 1INCH token supply will be distributed by year-end. The first phase began in August after its integration into the 1inch liquidity aggregator of the Mooniswap automated market maker (AMM).

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ForkLog 22 18.11.2020

Active users of ten popular Ethereum dapps surpass 1 million

Decentralized applications on the Ethereum network over the last 30 days attracted more than 1 million active users. The data come from the analytics platform DappRadar.

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#DeFi