DeFi | ForkLog - Part 85

ForkLog 14 18.08.2020

yEarn Finance price surges on Binance, briefly ahead of Bitcoin

On Tuesday, August 18, the price of the DeFi platform token yEarn Finance (YFI) surged on the Binance exchange to $12,800. At the same time, Bitcoin was trading just above $12,200.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 14 18.08.2020

MakerDAO, Compound and dYdX join Huobi-backed DeFi consortium

Focused on developing projects in the field of decentralized finance (DeFi), Huobi's cryptocurrency exchange unit has formed the Global DeFi Alliance — “an international consortium of centralized and decentralized providers of financial services and platforms.”

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ForkLog 9 18.08.2020

Bitcoin tokenisation outpaces its issuance amid DeFi boom

From 9 to 14 August, miners mined 5,738 bitcoins. In the same period, in the most popular form of tokenisation of the first cryptocurrency, Wrapped Bitcoin (WBTC), 6,785 coins were created.

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ForkLog 13 17.08.2020

Expert doubts the estimates of funds locked in DeFi

The amount of funds locked in the 15 leading DeFi protocols is $3.5 billion, compared with more than $6 billion reported by DeFi Pulse. This conclusion was reached by Damir Bandalo, founder of the Encode Club blockchain community.

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ForkLog 22 17.08.2020

Survey finds a third of users do not understand DeFi

32% of participants in the cryptocurrency market admitted that they do not understand the basics of decentralized finance. The data come from a Blockfolio survey of the app that tracks cryptocurrency positions.

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ForkLog 5 15.08.2020

Value locked in Aave’s DeFi protocol surpasses $1 billion

Value locked in Aave's DeFi protocol rises to second place in the DeFi Pulse ranking. The amount of value locked on its smart contracts over the 24 hours rose by 19.26%, surpassing $1 billion.

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ForkLog 19 14.08.2020

Vitalik Buterin earned a few percent from yield farming

Ethereum co-founder Vitalik Buterin admitted that yield farming did not interest him.

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ForkLog 12 14.08.2020

Assets locked in the DeFi sector exceed $5 billion.

The decentralised finance sector has set another record: the value of assets locked in protocols for the first time exceeded $5 billion, according to DeFiPulse.

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ForkLog 19 14.08.2020

TRON and Waves to join forces to advance DeFi projects

TRON Foundation and Waves announced a partnership to connect their blockchain networks using the Gravity protocol and to enable interoperability of smart contracts written in Ride and Solidity.

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ForkLog 18 14.08.2020

Anonymous developer releases Curve native tokens without the project team’s knowledge

An anonymous user @0xc4ad triggered an unplanned deployment of Curve governance contracts and distributed its CRV tokens ahead of their official announcement. He used code published on GitHub, spending 19.9 ETH to deploy it on the Ethereum network.

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ForkLog 14 13.08.2020

Yam DeFi protocol token with $600m in assets plunges 99% in 24 hours

The Yam token's price collapsed 99% in 24 hours. The cause was a vulnerability discovered in the protocol's governance system.

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ForkLog 5 12.08.2020

IBM to guide banks through the essence of decentralised finance

Nitin Gaur, IBM's head of financial services and digital assets, outlined plans for the tech giant to act as a conduit for financial institutions in the rapidly growing DeFi space.

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#DeFi