Biggest Decentralized Finance Hacks: New Crypto DeFi Crime Trends
Decentralized finance (DeFi) has had a challenging year – losing 75% of its total value locked over the last 11 months. While the crypto crash might have hit investors
Decentralized finance (DeFi) has been on an interesting journey since the peaks of the fondly remembered DeFi Summer. With the traditional finance sector a multi-trillion dollar industry, DeFi platforms and builders have sufficient reason and incentive to continue to build in DeFi and vie for a larger slice of the proverbial pie.
To open our discussion, we can take a top-down view to illustrate how DeFi has been evolving when broken down via chain. DeFi started on Ethereum and most of the largest dApps are still based on the chain.