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…

It’s sometime in the near future. We’re on the moon, in a Lambo. Yes, we made it. But now what? Are we going to cash out into fiat or cling onto another bear market? Or maybe there’s another way, something more sensible…

It’s buy everything season in DeFi land. But while everything blows up, actual users are climbing at a slower pace. Ethereum is at an all-time high of over $1,630, as is the DeFi Pulse Index, which tracks major DeFi token prices. Total value locked (TVL) in DeFi just climbed above $30B, also a record. DEX…

The LINK marines are pushing all time highs again as whales hoard token supply and LINK balances on exchanges keep dwindling. Per data from Glassnode, the top 1% of LINK addresses have continued to accumulate the token all throughout 2020 and into 2021. At the time of publishing, the top 1% of addresses have acquired…

Compound has reigned supreme as DeFi’s most popular lending protocol since its inception in 2018, but according to recent data trends, Aave has a fighting chance to take its crown.  Price-wise, AAVE has massively outperformed COMP since the beginning of 2021. COMP started the year around $145 while AAVE was around $88. As of Feb.…