DeFi | ForkLog - Part 85

ForkLog 15 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 30 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 25 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 35 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 14 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 15 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 21 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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ForkLog 18 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 8 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 19 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 21 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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ForkLog 13 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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#DeFi