DeFi | ForkLog - Part 84

ForkLog 11 31.08.2020

OKEx CEO: Many People Will Lose Money in DeFi

OKEx CEO Jay Hao outlined the prospects for the DeFi market, but warned investors about the risk of losing money.

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ForkLog 6 30.08.2020

YEarn Finance price climbs toward $40,000; token market cap tops $1 billion

The DeFi project token yEarn Finance (YFI) continues to reach new heights. The asset's price briefly rose above $38,000, and its market capitalization surpassed the $1 billion mark.

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ForkLog 13 30.08.2020

Chainlink to Expand Oracle Capabilities for DeFi

The cryptocurrency project Chainlink has acquired DECO, a private-oracle solution developed at Cornell University.

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ForkLog 17 30.08.2020

Average Ethereum transaction fee exceeds $6

The average transaction fee in the network of the second-largest cryptocurrency by market capitalization has again surpassed the $6 mark.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 12 28.08.2020

Polkadot-based DeFi protocol Acala raises $7 million

The Polkadot-based DeFi protocol Acala raised $7 million through the sale of SAFT contracts as part of a Series A funding round.

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ForkLog 18 28.08.2020

DeFi-focused venture fund Framework Labs raises $8 million

Framework Labs, the sister company to Framework Ventures, has raised $8 million from investors in a funding round. The proceeds will be used to build out a team of researchers, traders and engineers.

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ForkLog 8 26.08.2020

Multicoin Capital Leads $1.8 Million Funding Round for DeFi Project Perpetual Protocol

The DeFi protocol Perpetual Protocol's team raised $1.8 million in a funding round led by the investment firm Multicoin Capital. At the heart of the project is a virtual automated market maker (vAMM).

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ForkLog 12 26.08.2020

Assets Locked in DeFi Protocols Exceed $7 Billion

Assets locked in DeFi protocols total $7.05 billion. The six largest projects account for 90% of this amount. The Maker protocol ceded the lead to Aave. Data from DeFi Pulse.

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ForkLog 5 24.08.2020

Curve founder raises voting power on Curve DAO to 71%

The founder of the DeFi startup Curve, Mikhail Egorov, gained voting rights on the platform amounting to 71% of the maximum possible. After criticism from the community, he reduced his stake to 60%.

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ForkLog 12 22.08.2020

DeFi Bulletin: Uniswap tops gas usage, while 1inch attracts investment

The decentralized finance (DeFi) sector continues to grow apace. Read about the most important events of the past weeks in ForkLog's special report.

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ForkLog 10 19.08.2020

New DeFi meme project Spaghetti Money raises $200 million in 12 hours

The unaudited new experimental DeFi protocol Spaghetti Money with the PASTA token eclipsed Yam, the pioneer of such projects. In 12 hours it drew more than $200 million into liquidity pools from yield farmers.

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ForkLog 14 18.08.2020

Ricardo Späni: Most DeFi Projects Lack Genuine Decentralisation

Many projects in the hype-fuelled sector of decentralized finance (DeFi) are indeed pursuing noble goals, but the problem is that their founders cannot offer true decentralisation. This is the view of Ricardo ‘Fluffypony’ Späni, a Monero maintainer and co‑founder of the Tari project.

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#DeFi