Hello Defiers! Hope you’re having a great weekend. Summing up: This week began with crypto feeling the hangover from the previous week’s hack of centralized exchange KuCoin as the attacker started selling off his/her stash; DIA founder Paul Claudius wrote about the hard choice DeFi projects faced: to fork or not to fork. Later in the week there was another hack: an attacker was able to steal $15M from contracts that hadn’t even been publicly launched after degen traders rushed in solely based on the project’s connection with Andre Cronje. But the biggest news in crypto was that the CFTC charged BitMEX and its owners for not following KYC and AML procedures, pushing the case for actual decentralization.
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