DeFi | ForkLog - Part 86

ForkLog 11 12.08.2020

“Experimental” DeFi project raises $76 million in an hour after launch

An unaudited, experimental DeFi-protocol Yam sparked frenzied demand among 'yield farmers'.

AI translated

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 17 11.08.2020

Binance Labs Leads $2.8 Million Funding Round for 1inch

The 1inch team announced the successful completion of a funding round worth $2.8 million with institutional investors.

AI translated

ForkLog 14 11.08.2020

Ontology and Waves to build cross-chain infrastructure for DeFi and DApps

Ontology and Waves announced the creation of cross-chain infrastructure for the field of decentralized finance. The collaboration aims to develop blockchain applications (DApps) in the DeFi sector.

AI translated

ForkLog 11 11.08.2020

1inch team deploys Mooniswap automated market-maker algorithm

The developers of 1inch, a liquidity aggregator across decentralized exchanges (DEXs), integrated their own automated market maker (AMM) algorithm named Mooniswap.

AI translated

ForkLog 14 10.08.2020

DAI market capitalization surpasses $400 million for the first time

The circulating supply of the DeFi-stablecoin DAI exceeded 400 million coins. In the last 24 hours, the issuer minted 17 million tokens.

AI translated

ForkLog 9 10.08.2020

yEarn Finance token surges above $6,500 after Binance listing

On Monday, August 10, the price of the yEarn Finance DeFi platform token (YFI) rose above $6,500. The catalyst for the move was the asset's listing on Binance.

AI translated

ForkLog 6 08.08.2020

DeFi platform Compound launches open price feed for cryptocurrencies

The DeFi protocol Compound launched its own price oracle for cryptocurrencies as part of the shift to the Open Price Feed, an open-access price-flow channel, according to developers in a blog post.

AI translated

ForkLog 5 07.08.2020

Study finds 90% of leading DeFi tokens held in 500 wallets.

90% of the available supply of DeFi tokens is concentrated in 500 wallets, according to the study by CryptoLab Digital Assets Investments head Simone Conti.

AI translated

ForkLog 7 06.08.2020

DApps Bulletin: DeFi Frenzy and Risks on the Horizon

For ForkLog, DappRadar analyst Ilya Abugov outlined the most significant events in the decentralized applications sector over the past month.

AI translated

ForkLog 9 06.08.2020

Opinion: Ethereum spam transactions linked to algorithmic trading

An architectural quirk of the leading Ethereum client, Geth, has led, over the past six months, to a widespread practice of flooding the network with spam transactions aimed at protecting traders' profits. This was stated by Hendrik Hofstadt, co-founder of Certus One, in a comment to CoinDesk.

AI translated

ForkLog 10 05.08.2020

Genesis Capital Doubles Crypto Loan Portfolio in a Quarter

Lender Genesis Global Capital, oriented to institutional investors, released a fresh quarterly report. For April–June, crypto loans issuance hit a record $2.2 billion, lifting the outstanding balance to $1.4 billion by early July. Yield farming was the driver.

AI translated

ForkLog 5 05.08.2020

SEC to expand monitoring of the cryptocurrency market in DeFi

US Securities and Exchange Commission (SEC) plans to analyse the properties of functioning smart contracts underpinning the decentralized finance (DeFi) space. The tender for the purchase of the relevant analytics tool is posted on the US government contracts portal.

AI translated

#DeFi