Yield Protocol Set to Shut Down Operations by December 2023
Due to a lack of business demand and pressure from international regulations, the DeFi lending protocol, Yield Protocol, has decided to be taken down before the end of the year.
key takeaways: Arbitrum-based decentralized finance Rodeo Finance, recently suffered a significant security breach resulting in a hack that amounted to $1.5 million. On a fateful day, Rodeo Finance fell victim to a sophisticated attack, where malicious actors exploited vulnerabilities in…