⛓ Cross-Chain Bridges: While bridges unlock the ability to seamlessly transfer assets between blockchains, they also have unique risks. At the beginning of February, we saw this play out with a $320M exploit involving Wormhole, a popular cross-chain crypto bridge between Solana, Ethereum, Avalanche, and more. If you’re attending EthDenver, be sure to catch one of the sessions where our engineers will be presenting on cross-chain bridge hacks.
🚀 NFT Growth on Ethereum: On-chain analytics team Nansen noted that in January, OpenSea actually flipped Uniswap as the #1 most used product on Ethereum. While this also occurred back in the fall of 2021, it is an interesting trend that seems to signal the NFT space may not be slowing down.
🌐 Astar Network: A smart contract hub on Polkadot.
🎨 MakersPlace: A digital art market that verifies 3rd party collections.
🏦 NAOS Finance: Enables the origination and funding of loans between DeFi lenders and SME borrowers without intermediaries.
👻 Rengo Labs: Creating and powering DEXes on the Casper Network.
The Financialization of NFTs
After a record-setting NFT-collateralized loan was obtained earlier this year, various other protocols have emerged. In this recent post, learn how the financialization of NFTs is unlocking endless use cases for these previously illiquid assets.
From February 11-20, the Quantstamp team will be taking part in ETHDenver! Having attended ETHDenver every year since the beginning, we’re excited to see the community together again and meet new friends who are attending for the first time.
With our goal to hire 40+ security auditors and multiple other roles this year, we’re on the hunt for people who would be a good fit for our growing team. Whether you’re a seasoned hacker or looking to transition to the space from a web2 role, we’d love to meet you.
If you’ll be attending, stop by our booth, hang out during the hackathon, get a feel for our team culture, and learn about all the cool perks of working at Quantstamp.
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Note: This update includes information and forward-looking statements about upcoming events and concepts under continuing development. Schedules, features, and functionality are subject to change or cancellation at any time and you are not to place undue reliance on this information or any forward-looking statements.