DeFi | ForkLog - Part 74

ForkLog 19 10.11.2020

MyEtherWallet adds support for the 1inch DEX aggregator

The liquidity aggregator from decentralized exchanges, 1inch, announced its integration with the popular Ethereum wallet MyEtherWallet (MEW).

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ForkLog 26 10.11.2020

Balancer DeFi Protocol Attracts Seven-Figure Sum Through Token Sale

Balancer Labs, the company behind the Balancer decentralized exchange, attracted investments from Pantera Capital and Alameda Research through a direct BAL token sale. The amount raised, which will go toward developing the protocol’s second version, has not been disclosed.

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ForkLog 34 06.11.2020

What is yield farming?

What is yield farming? Attention! The article is outdated and awaiting an update. Yield farming is the practice of earning additional returns—typically governance tokens—by users of DeFi protocols for lending, borrowing and providing liquidity to decentralised exchanges (DEXs). The first success is widely attributed to Synthetix, but the boom began after Compound launched its governance token (COMP), which drew liquidity providers and pushed the token price higher. Other projects quickly followed.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 13 05.11.2020

1inch Developers Unveil Updated Platform Version

The 1inch team, the liquidity-aggregator from decentralized exchanges (DEXs), released an update to the platform, according to representatives of 1inch.

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ForkLog 8 05.11.2020

Percent Finance token plunged after $1m of user funds were locked

The DeFi project Percent Finance, a fork of Compound, warned users about a serious issue on the platform. Against this background, the PCT token plunged by 87.5%.

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ForkLog 7 04.11.2020

Ethereum network fees fall 65% in October

The volume of fees paid to miners for transactions on the Ethereum blockchain in October amounted to $57.5 million. Compared with September's $166.4 million, the figure fell by 65%.

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ForkLog 13 04.11.2020

DeFi token index futures fall to four-month low

On November 4, the FTX perpetual futures contract on the DeFi token index fell 57.6% from its September peak of $3,498.6 to $1,474.1. The last time such lows were seen was in early July.

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ForkLog 10 03.11.2020

DeFi project Opium Protocol raises $3.25 million from Alameda Research and Galaxy Digital

Opium Protocol, a DeFi derivatives platform, raised $3.25 million in a funding round with participation from Galaxy Digital, Alameda Research, HashKey Group and CMS Holdings.

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ForkLog 6 03.11.2020

Opinion: the future of decentralized finance hinges on cross-chain DeFi protocols

Cross-chain protocols are a promising direction for the development of the decentralized finance sector. In an interview with ForkLog, Inal Kardanov, Waves’ developer advocate, said.

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ForkLog 8 02.11.2020

Experts forecast pressure on Bitcoin from CBDC creation

The emergence of central bank digital currencies (CBDCs) threatens to tighten controls over the cryptocurrency market. This forecast for the next five years was made by Kuna exchange co-founder Mikhail Chobanian during the ForkLog online conference 'Centralized Exchanges and DEX: Pros, Cons, Differences'.

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ForkLog 18 02.11.2020

Chainalysis: DeFi projects face an undefined regulatory status

The explosive growth of the decentralized finance sector has raised questions about the regulatory status of DeFi protocols and their responsibility to comply with regulatory requirements. Chainalysis analysts detailed the topic in their latest report.

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ForkLog 11 02.11.2020

Fraudsters exploited DeFi hype to dupe investors

Unknown attackers exploited investors' interest in the decentralized finance (DeFi) sector and two high-profile projects — Keep3r Network (KP3R) by yEarn Finance founder Andre Cronje and cVault.finance (CORE). The community's attention to 'empty' tokens was drawn by user Degenomics.

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#DeFi