DeFi | ForkLog

ForkLog 14 15.04.2025

Study finds Tether now leads crypto lending

The total crypto-lending market was estimated at $36.5bn. Tether’s share of the CeFi segment rose from under 20% in Q2 2021 to around ~70%. Since the bear-market low, the DeFi metric has jumped 959% to $19.1bn. Tether, Galaxy and Ledn accounted for 88.6% of the CeFi segment of the digital-asset lending market, according to Galaxy […]

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ForkLog 180 14.04.2025

DeFi’s manipulation problem: what the “financial LEGO” conceals

The fast-evolving DeFi sector offers users undeniable advantages regardless of capital, age or country. With a smartphone and an internet connection, you can access savings, loans and other financial tools without KYC, paperwork or intermediaries. For the unbanked, it is a way to manage their own money without bureaucracy and other barriers; in high-inflation economies, […]

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ForkLog 45 11.04.2025

Life after Bybit

The industry took the Bybit breach in its stride, but it left a trail of questions. In an interview with FLMonthly, Irakli Dizenko, an expert in deploying crypto-security tools at HAPI, discusses whether DeFi should expect tighter rules, and the state of hacks in general and this case in particular. ForkLog: The Bybit breach ranks […]

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ForkLog 52 08.04.2025

World Liberty Financial to Conduct USD1 Stablecoin Airdrop

The DeFi project by the Trump family, World Liberty Financial (WLF), has released an advisory proposal to distribute a “small” amount of USD1 stablecoins via airdrop to holders of the WLFI token. ? We just posted a new governance proposal: To test our airdrop functionality by distributing USD1 to all $WLFI holders — rewarding our […]

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ForkLog 10 07.04.2025

Mantra Team Launches $108 Million Fund to Support RWA and DeFi

The developers of the L1 network Mantra have launched the Mantra Ecosystem Fund (MEF) with $108.9 million to foster projects in the realms of real-world asset tokenization (RWA) and decentralized finance (DeFi). Today, we’re announcing the launch of the MEF — a $108,888,888 million investment initiative designed to propel real world asset innovation, adoption and […]

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ForkLog 30 07.04.2025

Market Correction Triggers $106 Million Ethereum Whale Liquidation

A major Ethereum holder faced a forced position closure of 67,570 ETH ($106 million) on the DeFi platform Sky after the collateral ratio fell below the liquidation threshold. As $ETH plummeted, the 67,570 $ETH($106M) held by this whale on #Maker was liquidated!https://t.co/kXSkKh1H0P pic.twitter.com/IDjzbQ8P3z — Lookonchain (@lookonchain) April 7, 2025 The catalyst was a 12.5% drop […]

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ForkLog 151 04.04.2025

DeFi TVL and NFT trading slump in Q1, says DappRadar

The number of active users of decentralised applications fell by just 3% in Q1. DeFi protocols’ TVL plunged 27%, while NFT market trading volumes dropped 24%. The dapps ecosystem lost more than $2bn to hacks and scams. In the first quarter of 2025, TVL in DeFi protocols fell by 27%, NFT trading volume declined by […]

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ForkLog 65 31.03.2025

Cunning Attack on SIR.trading Protocol Wipes Out TVL

On March 30, the DeFi protocol SIR.trading on the Ethereum network, also known as Synthetics Implemented Right, lost $355,000 of its TVL due to a hack. Analysts from TenArmorAlert and Decurity were the first to notice the incident. The latter reported that the target of the “cunning attack” was a function of the “vulnerable contract […]

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ForkLog 169 31.03.2025

Experts Unveil Details of Oracle Manipulation Attack on Venus Protocol

Vulnerabilities in vaults have led to losses for DeFi protocols due to oracle manipulation. Chaos Labs presented an analysis of the attack on Venus Protocol, which resulted in losses of approximately $716,000. On February 27, an attacker executed a donation attack based on a flash loan, borrowing about $4 million from Aave. The attacker used […]

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ForkLog 34 28.03.2025

Dolomite DeFi Protocol Expands into Bitcoin Ecosystem

The decentralized lending platform Dolomite is launching within the Bitcoin ecosystem through the integration of the EVM-compatible Layer 2 solution Spiderchain from Botanix Labs. We’re excited to announce that Dolomite is expanding to @BotanixLabs! ?️ The first decentralized EVM L2 on Bitcoin will be the newest home for our next-gen money market protocol, bringing DeFi-native […]

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ForkLog 43 27.03.2025

Linear Finance to Cease Operations Amid Financial Struggles

The DeFi project Linear Finance has announced its closure due to financial difficulties. Notice of Closure After careful consideration, Linear Finance has made the difficult decision to cease operations. Despite our ongoing efforts to innovate and build throughout the years, the project has struggled to generate sustainable returns. Outside of a brief period of… — […]

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ForkLog 15 27.03.2025

US Senate Backs Repeal of Data Collection Mandates for DeFi Platforms

The US Senate voted to repeal a cryptocurrency taxation rule that required DeFi platforms to collect and provide user data. A resolution introduced by Congressman Mike Carey and Senator Ted Cruz concerning the IRS regulation on “gross income reporting by brokers regularly providing services for the sale of digital assets” was endorsed by the House […]

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