DeFi | ForkLog - Part 88

ForkLog 12 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.

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ForkLog 9 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.

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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.

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ForkLog 11 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.

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ForkLog 10 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.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 14 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.

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ForkLog 11 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.

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ForkLog 14 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 13 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 18 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 9 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 17 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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#DeFi