Many new protocol and adoption developments have occurred in the Decentralized Finance (DeFi), ecosystem over the past week. DeFi was expanded by the European Commission. This shows the increasing impact of the ecosystem. A county from Virginia, however, wants to defer its pension.

Recent research has shown that DeFi protocol exploits have been the focus of renewed attention. DeFi protocols lost $1.6billion to exploits in the first quarter of 2022. Rari Fuze, a hacker who escaped with $80million worth of money, received a $10,000,000 bounty.

European Commission Report suggests Rethinking the Regulation Approach to DeFi

Virginia county plans to invest pension funds in DeFi yield farming

Fei Protocol offered Rari Fuze hacker $10M bounty to pay $80M in loot

DeFi has already been used for more than $1.6 billion in 2022

Moonbirds, NFT market help reach $6.3B monthly volume of trading:

View the market for DeFi