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Tuesday

26 January 2021

Ethereum Transaction Volumes Hit $41 Billion in November - Decrypt

Ethereum Transaction Volumes Hit $41 Billion in November - Decrypt


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Ethereum Transaction Volumes Hit $41 Billion in November.

Decentralized finance (DeFi) platforms were responsible for 99% of this volume.

Technical vulnerabilities proved to be another pain point of DeFi, “undermining confidence in the sector’s security.” AsDecrypthas noted,several DeFi projects have become victims of hackers recently, including Pickle Finance (hacked for $20 million) and Value DeFi (hacked for $6 million).

Although transaction volume and daily active wallets decreased during November

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