DeFi enjoys a prolific start to 2023: Finance Redefined

📆 04/02/2023 01:24:00
📰 Cointelegraph

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DeFi closes a bullish month on a high and also sees a significant decline in exploits and the value of assets stolen.

Recent charges brought against Mango Markets exploiter Avraham Eisenberg will positively impact the DeFi space, according to credit rating firm Moody’s.

The company announced the decision on Twitter on Feb. 1, saying that despite having “enough runway” to continue operating, it would be a gamble under current market conditions.North Korean exploiters behind the Harmony bridge attack continue to try and launder the funds stolen in June 2022. According to on-chain data revealed on Jan. 28 by blockchain sleuth, ZachXBT, the perpetrators moved 17,278 ETH over the weekend, worth about $27 million.

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It's still a fresh year, and lots of hope for DeFi 👌

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