DeFi | ForkLog - Part 81

ForkLog 15 25.09.2020

Two record WBTC mints in 24 hours hit the yield-farming market

Two record single-mint releases of the Bitcoin-backed Wrapped Bitcoin (WBTC) token were released to the market within a 10-hour interval. Their total value is about $50 million.

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ForkLog 12 24.09.2020

Poisoned Tomato: DeFi protocol tomatos.finance turns out to be a scam

Users who received DeFi project's tomatos.finance tokens during the airdrop may face a risk of asset loss. This warning comes from the Telegram channel DeFi Leaks. WARNING from DeFi Leaks: If you receive a token https://t.co/iRoVOjw38g in your wallet please do NOT visit their website and approve any contract on their end. It looks like the approval via the website gives their contract permissions to steal your tokens (USDT, DAI, TUSD, UNI…)

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ForkLog 19 23.09.2020

MakerDAO will not compensate users’ losses after ‘Black Thursday’.

Maker token holders (MKR) refused to compensate the losses of collateral holders in the DeFi project MakerDAO, liquidated during the March market crash. The poll results were published in the voting system.

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ForkLog 10 23.09.2020

Report: DeFi tokens fall on average by more than 40% in the last 30 days

In the last month, the median price of DeFi protocol tokens fell by 41.5%, four times the pace of Bitcoin's price decline. Over the last 90 days, the lead was also with the leading cryptocurrency—up 8.8% versus 1.0%. Messari analyst Ryan Watkins, citing these calculations, noted the end of the 'casino'.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 10 22.09.2020

Bitcoin-backed tBTC token to be launched for the second time

Founder of Thesis and head of Keep Network Matt Luongo announced the re-release of the Bitcoin-backed tBTC token. The project relaunches after a rocky start, three audits and several months of development.

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ForkLog 11 22.09.2020

CoinGecko survey: Most yield farmers increased investments by more than 500%.

Most DeFi protocol users managed to multiply their capital by more than 500% through yield farming, but 40% do not know how to read smart-contract code. The CoinGecko survey of 1,347 respondents shows this.

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ForkLog 10 22.09.2020

MEME meme token price climbs to $1,800

The price of MEME, a meme token mocking the hype around the DeFi sector, rose 100% in 24 hours to $1800 at the time of writing. One user who received the tokens via airdrop regretted selling them immediately, as he could have earned $600,000.

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ForkLog 8 21.09.2020

Opinion: The Adjusted TVL metric better reflects the state of the DeFi sector

The Adjusted TVL metric gives greater weight to changes in address balances, and less to the asset price. According to Ilya Abugov, the metric's developer at DappRadar, this approach helps provide a more realistic picture of the DeFi sector.

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ForkLog 9 21.09.2020

Binance users ready to risk capital in DeFi assets

The cryptocurrency exchange Binance unveiled an 'Innovation Zone' for trading DeFi tokens. Access will be granted to only a subset of platform users.

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ForkLog 53 21.09.2020

Uniswap distributed 113.17 million UNI tokens among users

Leading non-custodial exchange Uniswap distributed 113.17 million of the 150 million native UNI tokens earmarked for the airdrop.

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ForkLog 15 21.09.2020

LV Finance DeFi project suspected of exit scam

Organisers of the LV Finance DeFi project falsified audit results to misappropriate investors' funds, according to the Chinese analytics company SlowMist.

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ForkLog 70 18.09.2020

Unicorn Token surges from $0.0009 to $5.28, then slumps.

The hype surrounding the release of the Uniswap governance token spurred interest in similarly named coins. One of them, Unicorn Token, surged in price by more than 60,000 times before retreating to its initial levels.

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#DeFi