DeFi | ForkLog - Part 83

ForkLog 8 07.09.2020

Campaign to withdraw funds from Bitcoin exchanges launched in China.

Chinese crypto investors faced difficulties withdrawing funds and disruptions at centralized exchanges. Some community members urged withdrawing coins held on the exchanges and closing their accounts. Local journalist Colin Wu reported this.

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ForkLog 22 06.09.2020

SushiSwap administrator hands platform control to FTX founder

The administrator of the DeFi platform SushiSwap, "Chef Nomi", announced the transfer of control to the founder and CEO of FTX, Sam Bankman-Fried.

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ForkLog 20 05.09.2020

SushiSwap administrator triggers 50% drop in token price

The price of SushiSwap’s token over the past 24 hours fell by 50% — from around $4.60 to $2.26.

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ForkLog 19 05.09.2020

DeFi project tokens gain popularity among whales

The rapid growth of the decentralized finance segment has made some DeFi tokens popular among participants on OTC platforms. The Block reports, citing sources familiar with the situation.

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ForkLog 9 04.09.2020

New alliance aims to unite Eastern and Western DeFi markets

The Chinese blockchain startup Conflux Network has launched a new Open DeFi association aimed at uniting Eastern and Western DeFi markets to accelerate sector-wide growth.

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ForkLog 6 04.09.2020

SEC Commissioner Hester Peirce: Regulators should take a sterner line with the DeFi sector

Known for her friendly stance toward digital assets, SEC Commissioner Hester Peirce told DeCrypt that regulators should show less leniency in regulating the DeFi sector.

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ForkLog 21 03.09.2020

PIZZA and HOTDOG — not SUSHI. Native tokens of SushiSwap meme clones crash to zero

Efforts to replicate the success of the non-custodial exchange SushiSwap by projects Pizzafinance.com and Hotdogswap ended in a classic Pump & Dump. In less than a day after listing on Uniswap their native tokens effectively lost all value.

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ForkLog 21 03.09.2020

Experts identify ten vulnerabilities in SushiSwap protocol

The code of the SushiSwap decentralized exchange, marketed as the 'evolution of Uniswap', contains ten vulnerabilities, but none are of a critical nature. Analysts from the Quantstamp startup concluded this from the smart contract audit.

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ForkLog 23 03.09.2020

Uniswap leads DeFi as SushiSwap hype fuels rally.

The largest non-custodial exchange, Uniswap, has overtaken Aave and Maker in terms of the value of assets locked on smart contracts. The drivers behind the ascent to the top were yield farming, which led to a significant rise in trading volumes, and the hype around the SushiSwap project.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 9 02.09.2020

Investigation finds SushiSwap protocol administrator holds $27m in native tokens

The administrator of the DeFi protocol SushiSwap, which markets itself as the 'evolution of Uniswap', could dump $27 million worth of SUSHI in his wallet at any moment. This conclusion was drawn by Adam Cochran, partner at Cinneamhain Ventures, following the smart-contract audit.

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ForkLog 7 01.09.2020

Vitalik Buterin likens DeFi yield farming to the Fed’s printing press

Ethereum co-founder Vitalik Buterin placed the yield-farming economy on a par with the Federal Reserve's aggressive monetary policy.

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ForkLog 18 31.08.2020

In Uniswap fork, $800 million of assets were locked three days after launch

The volume of assets locked in SushiSwap exceeded $815 million three days after the DeFi project’s launch, according to Zippo.io data. The protocol, marketed as the 'evolution of Uniswap' and with the governance token SUSHI, did not pass an audit.

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#DeFi