DeFi | ForkLog - Part 73

ForkLog 8 17.11.2020

Analysts uncover a loophole in MakerDAO that could let users dodge liquidations

Users of the DeFi project MakerDAO can split CDPs (collateralized debt positions) into small tranches and evade forced liquidations if collateral falls below the 150% threshold. This vulnerability was discovered by Yaron Velner, head of B.Protocol.

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ForkLog 6 17.11.2020

Value DeFi hacker who attacked protocol returns $95,000 to victims

An unknown attacker, having stolen $6 million in the Value DeFi protocol attack, returned part of the funds after user complaints left in the transaction comments.

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ForkLog 31 17.11.2020

DeFi project Cheese Bank loses $3.3 million in hack

PeckShield researchers published details of the Cheese Bank DeFi project hack on November 6, during which attackers siphoned off $3.3 million in stablecoins USDC, USDT and DAI.

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ForkLog 7 17.11.2020

Uniswap slips to third place in DeFi Pulse ranking

The largest decentralized exchange Uniswap has slipped to the third place in the DeFi Pulse ranking by TVL. The most likely reason is the ending of the UNI liquidity mining program.

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ForkLog 15 15.11.2020

Value DeFi project loses $6 million in flash-loan attack

Value DeFi's creators confirmed a 'complex attack' on their MultiStables vault, resulting in $6 million withdrawn in DAI and USDC stablecoins.

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ForkLog 9 15.11.2020

DAI market capitalization surpasses $1 billion

The circulating supply of the DeFi stablecoin DAI first surpassed 1 billion coins.

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ForkLog 12 13.11.2020

DeFi-sector user base up 55% in six weeks

The total number of unique addresses in the DeFi ecosystem surpassed 860,000, according to data from Dune Analytics.

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ForkLog 10 13.11.2020

Hacker drains $2 million from Akropolis DeFi protocol

An unknown attacker drained the Akropolis project's YCURVE and sUSD liquidity pools in DAI stablecoins for $2 million. He hacked smart contracts that had undergone two audits.

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ForkLog 10 12.11.2020

Polychain Capital Invests in DeFi Token YFI

The cryptocurrency fund Polychain Capital bought 141 yEarn Finance (YFI) tokens. This drew the attention of Messari analyst Mason Nystrom.

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ForkLog 10 11.11.2020

In October, the market for Bitcoin-backed Ethereum tokens grew by 21%

The aggregate market capitalization of Bitcoin-backed Ethereum tokens in October rose 21% to 149,550 coins ($2.06 billion).

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ForkLog 9 11.11.2020

FTX CEO: Ethereum 2.0 cannot handle DeFi load

FTX chief executive Sam Bankman-Fried says Ethereum 2.0 will not cope with the load that the DeFi sector could potentially deliver. He said this during the Defiant podcast.

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ForkLog 12 10.11.2020

CipherTrace: DeFi protocol hacks surpass $99 million since the start of the year

The amount of funds stolen in 2020 by attackers from decentralized finance protocols reached $99.5 million. The total damage to the crypto industry from hacker activity amounted to $468 million, according to a report by CipherTrace.

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#DeFi