DeFi | ForkLog - Part 83

ForkLog 17 13.09.2020

SushiSwap liquidity falls after tenfold reward cut

The DeFi platform SushiSwap completed the distribution of rewards amounting to 1000 SUSHI among liquidity providers who supported the project before the launch of the automated market maker. After the planned reduction of the reward to 100 SUSHI per block at block 10850000 of the Ethereum network, users began withdrawing assets from the protocol.

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ForkLog 43 12.09.2020

Tether returned $1 million to user who sent USDT to the wrong address

The Bitfinex and Tether CTO Paolo Ardoino announced the return of USDT tokens worth $1 million to the user who sent funds to the wrong smart-contract address.

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ForkLog 12 12.09.2020

yEarn Finance to Launch Decentralized Lending Protocol StableCredit

The developers of yEarn Finance announced the launch of the StableCredit lending protocol, which uses stablecoins and an automated market maker mechanism.

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ForkLog 29 11.09.2020

Anonymous SushiSwap founder returns 38,000 ETH previously withdrawn to the DeFi project’s development fund

The founder and former administrator of the DeFi platform SushiSwap, nicknamed 'Chef Nomi', returned to the project’s development fund 38,000 ETH (about $14 million at the time of the transaction).

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ForkLog 21 11.09.2020

Crypto.com launches Uniswap fork

The payments company Crypto.com announced the launch of the DeFi Swap platform for exchanging and “yield farming” DeFi tokens. It became yet another fork of the Uniswap protocol.

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ForkLog 12 10.09.2020

Organisers of DeFi project vanish with $20m of users’ funds

The DeFi liquidity-mining pool project Yfdexf.Finance carried out an exit scam after investors blocked $20m of assets in its protocol, according to ZyCrypto.

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ForkLog 28 10.09.2020

Binance outlines plans to connect CeFi and DeFi ecosystems

The cryptocurrency exchange Binance will allocate $100 million to support the decentralized finance (DeFi) ecosystem and ensure its interaction with centralized services (CeFi). This was announced at The World of DeFi summit by the company's CEO, Changpeng Zhao.

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ForkLog 19 10.09.2020

TRON and 1inch to integrate DeFi products under a strategic partnership

The blockchain project TRON has entered into a strategic partnership with 1inch, a liquidity aggregator from decentralized exchanges (DEX).

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ForkLog 9 10.09.2020

Ethereum transaction volume in August exceeded $24 billion

The second-largest cryptocurrency surpassed July’s record for transaction volume and crossed the $24 billion mark in August, according to data from analytics platform DappRadar.

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ForkLog 20 10.09.2020

Uniswap loses 70% of liquidity due to asset migration to the SushiSwap fork

Leading decentralized exchange Uniswap has lost more than 70% of its liquidity as a result of its migration to the SushiSwap fork.

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ForkLog 16 09.09.2020

DeFi project EMD suspected of $2.5 million exit scam

The EOS-based DeFi project EMD's organizers allegedly carried out an exit scam, siphoning $2.5 million of client funds. This was reported by the Chinese analytics company SlowMist.

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ForkLog 7 09.09.2020

Kraken: Bitcoin market share falls amid DeFi boom

Against the backdrop of rising activity in the decentralized finance sector, Bitcoin is losing market share. This is stated in Kraken's monthly report.

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#DeFi