DeFi | ForkLog - Part 78

ForkLog 26 06.10.2020

MetaMask surpasses 1 million active users amid DeFi hype

The Ethereum wallet MetaMask's user base exceeded 1 million active users per month. The team regards this achievement as 'the most important milestone for the entire ecosystem'.

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ForkLog 12 02.10.2020

Comment: The BitMEX crackdown bodes ill for the DeFi sector

The indictment by U.S. authorities against the crypto derivatives exchange BitMEX could be a troubling omen for the decentralized finance sector. The reason is the reference to violations of the Bank Secrecy Act (BSA), according to Adam Cochran, partner at Cinneamhain Ventures.

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ForkLog 7 01.10.2020

Robot Ventures, led by Compound founder Robert Leshner, raises $4 million for DeFi-focused investment fund

Robot Ventures, the cryptocurrency startup investor led by Compound founder Robert Leshner, has raised $4 million for its second fund to develop DeFi projects.

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ForkLog 9 30.09.2020

DeFi in Practice: Final Takeaways from ForkLog Conference

On September 29, ForkLog Live hosted the online conference “DeFi: A Practical Guide.” Nine speakers discussed the trends and challenges in the decentralized finance market and debated regulatory prospects. Here is a brief summary of their presentations.

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ForkLog 10 30.09.2020

Swipe launches its first cryptocurrency credit card in the United States.

US users now have access to Swipe's new product — the LendFi Visa Card, a cryptocurrency credit card that uses DeFi protocols. This is stated in the press release.

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ForkLog 13 30.09.2020

Galaxy Digital takes minority stake in ParaFi Capital to back DeFi investments

Galaxy Digital, Mike Novogratz's cryptocurrency trading bank, has become a minority shareholder in ParaFi Capital. The partnership envisages joint investments in the DeFi sector, the press release says.

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ForkLog 6 30.09.2020

More than 55 speakers will discuss DeFi development at the Decentralized Finance Global Summit

From October 13 to 16, a major online conference, the Decentralized Finance Global Summit 2020, will bring together 58 global experts to share their experience and insights into the future of the rapidly growing decentralized finance (DeFi) industry.

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ForkLog 11 30.09.2020

Class action against Maker moved to arbitration

The United States District Court for the Northern District of California granted Maker Ecosystem Growth Foundation's motion to transfer the class action against the company to arbitration. This is stated in the docket.

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ForkLog 15 29.09.2020

Opinion: DeFi tokens no longer measure a project’s success

The transition from the ICO model to DeFi has shown that raising money from users is no longer fashionable, and tokens no longer embody a project's success. This was stated by speakers during a panel discussion at the ForkLog Live online conference 'DeFi: A Practical Guide'.

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ForkLog 8 29.09.2020

Opinion: Interoperability Is the Key to Viable DeFi Projects

The principal advantage of decentralized cryptocurrency exchanges built on an underlying first-layer protocol is their interoperability with one another. Anton Bukov, CTO and co-founder of 1inch.exchange, told ForkLog Live at the online conference 'DeFi: Instructions for Use'.

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ForkLog 18 29.09.2020

Hacker siphons $15 million from unfinished DeFi project Eminence

From the new DeFi project by Andre Cronje, a hacker siphoned off $15 million, exploiting the ecosystem deployed for testing.

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ForkLog 14 28.09.2020

Ethereum network fees fall to their early-August low

On 26 September the average fee in the Ethereum network fell to $2.23. The last time such low levels were seen was 9 August this year.

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#DeFi