DeFi

DeFi
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…

DeFi
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…

DeFi
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…

DeFi
The Defiant guide to DeFi Indexes – Be Like Buffett
After all, if it’s good enough for the Oracle of Omaha… might there be something here for us? In this episode we’re going to look at indexes both centralised and decentralized before ending our journey at the mysterious $DEGEN token.

DeFi
Equilibrium Creating Version of Curve on Polkadot
Equilibrium, an interoperable money market, announced on a Feb. 9 Medium post plans to create a version of Curve Finance’s automated market maker on the project’s chain within the Polkadot ecosystem. Equilibrium will be able to facilitate trading for homogeneous assets on Polkadot, whether they are DOT-based or different tokenized versions of the same asset,…

DeFi
NBA Top Shot's $50M in Sales Beats CryptoKitties and Decentraland
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…

DeFi
MetaMask Raking in ~$170k/Day Shows DeFi Wallets Work as Businesses
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…

DeFi
Aave Defies Expectations But May Be Getting Overheated
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…

DeFi
AirSwap Enables Token-Based Governance
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…

DeFi
Yearn Hack Sparks $1.7M DeFi Insurance Claim Controversy
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…





