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

Bloomberg
Loading video player...
DeFi Rescue Hurts Anti-Wall Street Pitch After $10B Run
Bloomberg
Written by Bloomberg
Share

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.

Connect with us

Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relate to your unique circumstances.

Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of or reliance on the information provided directly or indirectly, by use of this platform.