DeFi | ForkLog

ForkLog 25 28.03.2025

Dolomite DeFi Protocol Expands into Bitcoin Ecosystem

The decentralized lending platform Dolomite is launching within the Bitcoin ecosystem through the integration of the EVM-compatible Layer 2 solution Spiderchain from Botanix Labs. We’re excited to announce that Dolomite is expanding to @BotanixLabs! ?️ The first decentralized EVM L2 on Bitcoin will be the newest home for our next-gen money market protocol, bringing DeFi-native […]

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ForkLog 24 27.03.2025

Linear Finance to Cease Operations Amid Financial Struggles

The DeFi project Linear Finance has announced its closure due to financial difficulties. Notice of Closure After careful consideration, Linear Finance has made the difficult decision to cease operations. Despite our ongoing efforts to innovate and build throughout the years, the project has struggled to generate sustainable returns. Outside of a brief period of… — […]

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ForkLog 13 27.03.2025

US Senate Backs Repeal of Data Collection Mandates for DeFi Platforms

The US Senate voted to repeal a cryptocurrency taxation rule that required DeFi platforms to collect and provide user data. A resolution introduced by Congressman Mike Carey and Senator Ted Cruz concerning the IRS regulation on “gross income reporting by brokers regularly providing services for the sale of digital assets” was endorsed by the House […]

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ForkLog 17 25.03.2025

Abracadabra Finance Protocol Suffers $13 Million Hack

Hackers have stolen 6260 ETH (approximately $13 million) from the pools of the DeFi project Abracadabra Finance, according to analysts at PeckShield. .@GMX_IO @MIM_Spell related contracts have been hacked for ~6,260 ETH (worth ~$13M) pic.twitter.com/LZzMADWB3n — PeckShield Inc. (@peckshield) March 25, 2025 The hackers targeted lending markets where GM tokens from the decentralized exchange GMX […]

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ForkLog 64 24.03.2025

Will BTCFi fuel bitcoin’s next leg up?

Decentralised finance on bitcoin (BTCFi) no longer looks like an enthusiasts’ fantasy — it is a fast-developing, promising segment. Over the past year the segment’s TVL has surged by roughly 2,400%, from $0.3bn to a peak of $7.47bn (December 2024), putting the nascent ecosystem in the top five on DeFi Llama rankings. BTCFi signals a […]

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ForkLog 69 20.03.2025

DeFi + AI equals DeFAI: the market’s new equation

Decentralised finance lacks simplicity. For people outside Web3, engaging with DeFi protocols—and grappling with liquidity, staking yields and complex trading strategies—remains difficult. To ease newcomers in and enhance the experience for crypto financiers, developers have turned to AI. Thus the DeFAI narrative emerged. ForkLog explores the symbiosis of today’s AI and DeFi trends, unpacks new […]

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ForkLog 30 18.03.2025

Ethena Labs and Securitize Launch New EVM Blockchain Converge

The issuer of the stablecoin USDe, Ethena Labs, and the RWA platform Securitize have announced the launch of the Converge blockchain, designed to support and promote DeFi and tokenized assets. Introducing @convergeonchain: The settlement network for traditional finance and digital dollars, powered by @ethena_labs and @Securitize Our vision is to provide the first purpose built […]

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ForkLog 15 17.03.2025

Aave Founder Rules Out Token Launch for Horizon Initiative

The launch of a token under the Horizon initiative, focused on integrating RWA and DeFi, is not planned. This was stated by Aave founder Stani Kulechov, citing DAO consensus on the matter. Overall consensus across the Aave DAO is that there is no interest on other tokens. The consensus will be respected, Aave DAO is […]

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ForkLog 55 14.03.2025

World Liberty Financial Raises $590 Million Through Dual Token Sales

The Trump family’s DeFi project, World Liberty Financial (WLFI), has completed its second round of token sales, bringing the total funds raised to $590 million. Initially, the crypto platform aimed to raise $300 million from the sale of 100 billion WLFI tokens. These tokens serve as the project’s governance tokens on Ethereum. In January, the […]

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ForkLog 36 13.03.2025

Sandwich-attack victim swapped $732,583 for $18,636

A cryptocurrency trader swapped about $732,583 in USDC for about $18,636 in USDT across six separate swaps, falling victim to a large sandwich attack. Unknown entity got sandwiched for 714k today on six separate USDC -> USDT swaps. (Traded with 100% slippage allowed.) They swapped 732583.429405 USDC for 18636.232611 USDT. A promised ?: pic.twitter.com/0rFNE4DfoP — […]

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ForkLog 33 12.03.2025

Experts Suspect Whale Activity as Potential Attack on Hyperliquid

Experts at EmberCN have identified unusual whale behavior on Hyperliquid, which may suggest a test of the perpetual derivatives DEX’s liquidation mechanism. In the past 24 hours, Hyperliquid’s HLP Vault has lost over $4 million, and the losses are still growing. According to @EmberCN, a whale opened a long position of 175,000 ETH (valued at […]

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ForkLog 17 12.03.2025

Tokenomics with Vladimir Menaskop: no code required

Which tools should you reach for if you want to design a project’s tokenomics without writing code? Web3 entrepreneur Vladimir Menaskop shares his proven stack in the latest instalment of this primer. From the author Good tokenomics will not necessarily feed you for two or three years—or even 30—but bad tokenomics will wreck your project […]

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