The whole NFT digital collectible market has been exploding lately, but NBA Top Shot is in a league of its own.  NBA Top Shot is a line of officially licensed, collectible NFTs (made by CryptoKitties creator Dapper Labs) showcasing the best moments from NBA games. Unlike most other collectible NFTs, which are dropped on marketplaces…

MetaMask is making about $170k per day thanks to its token swap feature, Tom Schmidt of Dragonfly Capital said in a tweet, which was later confirmed with data the wallet’s team published in a Dune Analytics dashboard. The decentralized wallet and most popular gateway to DeFi is processing between $15M and $20M in daily trading…

Aave continues to surpass expectations from an investment standpoint and in terms of progress in the underlying protocol, but on-chain data shows holders may be preparing to take profits. Aave recently achieved over $5 billion in total value locked, becoming only the second protocol to achieve this feat. Having nearly doubled in TVL within a…

Ethereum applications incubator ConsenSys has completed the transition to Phase II of their decentralized peer-to-peer trading system, AirSwap, enabling token-based governance. AirSwap said their token launch participants included over 9k people from 135 different countries. Now with Phase II completed, they’re aiming to push their network development further. AirSwap is now inviting users to stake…

Last week’s Yearn Finance hack has a DeFi user wrestling with an insurance protocol over a $1.7M claim. Twitter user kferretcrypto, who bought a claim provided by Nexus Mutual, an insurance protocol, in September, tweeted on Feb. 6 that the Yearn hack triggered a 1,000 Ether payout (or about $1.7M), by ArmorFi, an insurance aggregator…

Yearn Finance, the yield aggregator protocol which suffered the first major hack of 2021 last week, is healing, making its Dai savings smart contract available to users again, and compensating victims of its recent hack. Yearn has restored its yDAI vault and returned $9.7M in DAI funds to users who had their stablecoins deposited in…

Tornado Cash passed its first governance proposal to make its native token – TORN – transferable yesterday afternoon. Tornado Cash offers a way for users to privately send funds between any two addresses using an anonymity pool, meaning tokens sent through the mixer can not be tracked between the sending and receiving address. It also…

The NFT community has been taken over by thirst traps.  Sexy, sexy thirst traps like this one posted over the weekend: Source: Twitter And this one: Source: Twitter And here’s mine (which you can buy for $3.4k if you want): Source: Rarible You’re probably wondering why.  It seems like a joke, but there’s a deeper…

It’s ETH futures time. Ether futures are now available on the Chicago Mercantile Exchange, the world’s largest derivatives exchange by volume, for the first time ever. Many thought the move would mark the top of the market, in the same way that CME futures  marked the top for Bitcoin’s 2017 rally, but those fears have…

Yearn Finance, the yield aggregation protocol founded by Andre Cronje, has been hacked. One of the platform’s so-called vaults lost $11M, and the attacker got away with $2.8M.   It’s the first DeFi hack of the year, after $100M worth of attacks in the sector last year, according to a report by Ciphertrace. About half of…