Ethereum NFT-Backed Loan Market Heats Up as CryptoPunks Owner Borrows $8.3M

In brief Loans that use high-value NFTs as collateral are gaining traction. An owner of 104 CryptoPunks NFTs took out a $8.3 million loan on the lot. Auction house Sotheby’s was slated to offer up a l...

‘Funds are Sifu’: Wonderland’s Controversial Treasury Chief Washes $8.3M of ETH Via Tornado Cash

Sifu, the pseudonymous treasury manager of troubled DeFi protocol Wonderland, has started to cash out his multi-million-dollar Ethereum (ETH) stash through crypto mixing service Tornado Cash, making i...