Tuesday, August 16

Two DeFi hacks top $ 120 million and the $ 500 million Algo Fund launches, Nov. 26-Dec. 3

Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.

A week filled with positive developments in the DeFi space, including nine-figure fund raises, successful product launches, and soaring token prices, was somewhat marred by the news of two serious security attacks. Read on for the full scope of the developments throughout the week.

What you are about to read is the smaller version of this newsletter designed to be brief. For the full version of DeFi developments during the last week, please send your email below.