Zerion Raises $12.3M to Facilitate Interoperable Web3 Identity
Originally a DeFi platform that released a Web3 wallet in May, Zerion now aims to make Web3 data and identity transition seamless across applications.

Solana-Based Decentralized Finance Platform Mango Hit by $100 Million Exploit
Mango's MNGO token was down over 40% after suffering from the latest massive decentralized finance exploit.

DeFi Protocol Temple DAO Struck by $2.3M Exploit
The hack equates to around 4% of Temple DAO's total value locked (TVL).

EU Commission Launches Proposal for Study of Automated DeFi Supervision
The study is the latest in a series of moves in a regulatory push across the bloc.

BNB Chain Hack Like ‘Attacking Someone at the Joint of a Bone,’ Says Binance Exec
BNB Smart Chain continued operations following last weekend’s exploit where hackers stole $100 million from the platform. Binance Chief Communications Officer Patrick Hillmann discusses the details of the hack, the vulnerabilities of DeFi and what’s next.

DeFi for the Masses
Valentin Pletnev of Quasar Finance wants to democratize access to sophisticated transactions in decentralized finance.

Reuniting Borrowers and Lenders on Defi
Morpho is an Ethereum application bringing peer-to-peer to lending to protocols like such as Aave and Compound. Paul Frambot is the co-founder.

Transit Finance Hacker Returns $2.74M to Victims, Sends $686K to Tornado Cash
Transit Finance hacker has sent $686,000 worth of BNB tokens to the sanctioned Tornado Cash protocol.

Crypto Investment Firm Blockwater Technologies Defaults on DeFi Loan
The South Korea-based crypto investment firm failed to make a payment on a $3.4 million loan to TrueFi, a decentralized lending protocol.

Defi Platform Exponential Raises $14M in Seed Funding Round Led by Paradigm
Exponential, a DeFi investment discovery and risk assessment platform, has raised $14 million in seed funding led by crypto-focused investment firm Paradigm. Exponential.fi Co-Founder & CEO Driss Benamour shares insights into the state of DeFi and the impact of BNB Chain's $100M cross-chain bridge exploit.
