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Bloomberg

DeFi Rescue Hurts Anti-Wall Street Pitch After $10B Run

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Bloomberg's Anna Irrera joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Decentralized finance is in the midst of the largest coordinated rescue in its history. This comes a week after a security breach at a small crypto protocol called KelpDAO triggered a $10 billion run on Aave, the largest DeFi lending protocol.