📉 In September, crypto scammers stole a record $329.8 million, becoming the bloodiest month of 2023. The main blow fell on Mixin Network, which lost $200 million due to a hacking of its cloud provider.
- Yield Protocol announced its closure by December due to lack of demand and regulatory pressure.
- Polygon co-founder Jaintie Kanani has left the company, but will be watching from the sidelines.
- Nature magazine praised the potential of decentralized autonomous organizations (DAOs) to fund scientific research.
The total value of funds locked in DeFi protocols dropped to $45.07 billion.