Crypto funding shifts from CeFi to DeFi after major collapses: Finance Redefined

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The second week of March brought another series of protocol exploits in DeFi, but on the other hand, investor interest has been rising.

insights — a newsletter crafted to bring you significant developments over the last week.

February saw seven DeFi exploits resulting in a net loss of about $21 million. March is no different, with multiple exploits already recorded, such as on Hedera’s mainnet. DeFi lender Tender.fi was exploited, but the white hat hacker that drained $1.59 million returned the funds.

 

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