One other week of DeFi hacks, nonetheless ZK-proof trend heats up: Finance Redefined

One more week of DeFi hacks, however ZK-proof fashion heats up: Finance Redefined

Welcome to Finance Redefined, your weekly dose of needed decentralized finance (DeFi) insights — a e-newsletter crafted to bring you doubtlessly the most considerable tendencies from the past week.

The past week in DeFi used to be dominated by exploits and hacks, with three DeFi platforms losing nearly $39 million. Alphapo’s hot wallets had been exploited for over $32 million, Technology Lend used to be drained for $3.4 million, and the decentralized finance protocol Conic Finance used to be exploited for nearly $3.5 million.

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