Day: February 16, 2021

NFT Sales Boom Past $100M in 30 Days

In the midst of a growing NFT boom, marketplaces like OpenSea, SuperRare and Nifty Gateway are experiencing record-breaking volumes. There was over $100M in NFT sales over the last 30 days, according to Crypto Slam, which tracks the data, and a large part of the trading action is taking place on secondary markets. This means …

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CREAM and Alpha Finance Get Hacked for $37.5M

DeFi experienced one of its more complex exploits over the weekend. An attack which resulted in ~$37.5M drained from CREAM Finance’s Iron Bank using Alpha Homora’s leveraged debt. An attacker was able to use Alpha’s sUSD contracts which had not yet been released to the public or made available in the UI to act as …

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The Road to Uniswap’s $100B in Trading Volume

Uniswap has become the first decentralized trading platform to process over $100B in volume, a sign DeFi is starting to compete in the big leagues of crypto.  The milestone for the DEX, which launched just over two years ago, shows that automated market makers, which are based on token liquidity pools instead of centralized order …

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