DeFi

Angel Andreychev - November 27, 2020

The launch of the platform marks the first step towards the creation of a vast blockchain ecosystem powered by xSigma.
The company has gathered a team of experienced developers in order to successfully scale the project, and introduce many others in the next 12 months.

Angel Andreychev - November 18, 2020

Bittrex claimed that removing gas fees for DeFi trading will encourage more clients to enter their regulatory system and comply with the required standards.
The company has plans to add 12 more tokens to this list until the end of 2020 .

Krasimir Buchvarov - November 17, 2020

The latest attack once again used a flash loan to exploit a vulnerability in a DeFi protocol, to artificially inflate the supply of OUSD.
Deposits to the OUSD vault have already been disabled, and the firm is expected to release a full post-mortem of the incident in the following days.

Angel Andreychev - November 17, 2020

Ledger Live will utilize the Compound protocol to facilitate the loans through Compound's cTokens.
The stablecoins currently available for lending are DAI, USDT, and USDC.

Krasimir Buchvarov - November 11, 2020

The second version of Aave will include new tools and UI/UX improvements to "push the limits of the DeFi user experience".
Aave has launched a bug bounty program for finding bugs in its second version, which is currently under 4 audits and formal verifications.

Krasimir Buchvarov - November 4, 2020

The Wine Swap exit scam took place on 13 October on the Binance Smart Chain, and was responsible for the loss of $345,000 worth of crypto.
Using on-chain analysis, Binance was able to identify the culprit, and eventually recover $344,000 of the lost funds, which are now being returned to their rightful owners.

Krasimir Buchvarov - October 31, 2020

The vote needed another 2.5 million votes to reach the 40 million quorum currently required by Uniswap governance proposals.
If passed, an additional 5 million UNI would have been airdropped.

Angel Andreychev - October 30, 2020

The changes were proposed after last week BProtocol’s team used borrowed flash loans to sway a vote in their favor.
If approved by the community, the Maker protocol will increase its GSM Pause Delay and deauthorize its Oracle Freeze Module and Liquidations Circuit Breaker.

Krasimir Buchvarov - October 30, 2020

The governance proposal has less than a day to come up with another 12 million votes in favor in order to reach the required 40 million votes for a quorum.
If passed, a secondary proposal for retroactive distribution will be put forth, this time involving almost 27,000 accounts.

Angel Andreychev - October 30, 2020

After prolonged preparation and testing, the company finally took the last step towards full decentralization of the protocol.
Aave also released a detailed plan of the admin key handover, effectively giving full control over the platform to public governance.