DeFi’s November Nightmare Exposes Critical Risk For The Crypto Ecosystem

It could be labeled as crypto’s November Nightmare. DeFi protocol Balancer was exploited to the tune of $128 million. Also, Stream Finance announced a loss of $93 million, leading to the depegging of its xUSD stablecoin. Both occurred on November 3 source: https://beincrypto.com/defi-november-nightmare-crypto-ecosystem-risk/