Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.
The end of 2022 saw the least value of stolen funds from DeFi, with $62 million worth of exploits in December. While the figure might seem a relief given the multiple bridge hacks and hundreds of millions of dollars stolen this year, cybersecurity experts have warned that the ecosystem would see no decrease in exploits, flash loans or exit scams in 2023.