DeFi Insurance

POKKET: Crypto Market Update (Sep 6)

POKKET: Crypto Market Update (Sep 6)

Bitcoin ripped up, +3.9% to $51.7k, ETH is just shy of $4k, +1.6%. Movers are OMG +23%, FTM +16%, LINK FIS +10%, ANKR +9%, POLY =18%, POWR -17%, STMX -14%. DeFi TVL has hit $100B according to defipulse.com, a first for the index. Art Blocks has done $120M in volume over the past 7d, while CryptoPunks and BAYC has seen $61M. DeFi insurance protocol Cover announced it will gracefully shut down after its core devs left the project, and after an infinite minting hack back in December 2020 which drow…