DeFi | ForkLog - Part 87

ForkLog 11 05.08.2020

DeFi platform Opyn loses $371,000 in hack

Hackers siphoned about $371,000 of user funds from the DeFi platform Opyn, exploiting the vulnerability in the project’s internal token, oTokens.

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ForkLog 9 03.08.2020

Huobi Invests Tens of Millions of Dollars in the DeFi Sector

The operator of the Huobi cryptocurrency exchange has established a fund to invest in the DeFi sector. According to CoinDesk, the fund's assets total tens of millions of dollars.

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ForkLog 10 03.08.2020

The yEarn Finance clone token has devalued, failing to attract the original’s hype

The yffi finance (YFFI) token lost 99% of its value in two days. Another 'copy', yfii finance (YFII), fell 87.6% from the peak set three days ago. The original yEarn Finance (YFI) remains stable amid the collapse of imitators.

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ForkLog 8 03.08.2020

Over five years, Ethereum transactions total $1 trillion

Since Ethereum's inception in July 2015, the cumulative value transferred through its network has reached $986 billion. The Block reports this, citing data from analytics firm CoinMetrics.

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ForkLog 15 01.08.2020

Total assets in DeFi protocols exceed $4 billion

The total value locked in DeFi services has surpassed $4 billion. The most popular asset remains Maker, whose dominance index is over 30%.

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ForkLog 8 31.07.2020

Study Finds DeFi Aggregators Likely to Keep Rising in Popularity

According to Messari researchers, roughly 20% of the total trading volume on non-custodial Ethereum exchanges is generated by so-called DeFi aggregators.

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ForkLog 14 31.07.2020

Media: Polychain and Three Arrows Invest Seven-Figure Sum in DeFi Project KeeperDAO

KeeperDAO, the DeFi-sector liquidity provider, attracted more than $1 million in seed funding. The funding round was led by Polychain Capital and Three Arrows Capital. The Block reported, citing co-founder Tian-tian Kullander.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 31 30.07.2020

Circle and Genesis to Develop DeFi Products Built on the USDC Stablecoin

Genesis Global Capital, the lending arm of Digital Currency Group, and the cryptocurrency company Circle, which manages the USD Coin (USDC) ecosystem within the Centre consortium, will join forces to create DeFi protocols built on the stablecoin.

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ForkLog 7 29.07.2020

Vitalik Buterin: Many Underestimate the Risks of Smart Contracts in the DeFi Ecosystem

Vitalik Buterin, Ethereum’s co-founder, says many participants in the DeFi market underestimate the risks associated with smart contracts. He said this on the Unchained podcast.

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ForkLog 88 29.07.2020

What is decentralised finance (DeFi)?

What is decentralised finance (DeFi)? Decentralised finance (DeFi) is the idea of an open, trustless ecosystem of financial applications and services built on public blockchain networks. The term DeFi refers to the market for decentralised applications (dapps) in financial services and transactions, including lending, trading and borrowing. Such peer-to-peer systems allow anyone to access traditional […]

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ForkLog 16 28.07.2020

Synthetix shifts to a decentralized governance model

The largest platform for decentralized derivatives, Synthetix, has moved to a decentralized governance model. This was reported in the project's blog.

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ForkLog 19 28.07.2020

CoinGecko publishes DeFi book in Russian

The analytics service CoinGecko released the first edition of the book 'How to DeFi' in Russian.

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#DeFi