# Finance Redefined: Two DeFi hacks top 0M, and 0M Algo Fund launches, Nov. 26–Dec. 3

# Finance Redefined: Two DeFi hacks top $120M, and $500M Algo Fund launches, Nov. 26–Dec. 3

“# Finance Redefined: Two DeFi hacks top $120M, and $500M Algo Fund launches, Nov. 26–Dec. 3 ” Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. A week packed with positive advancements in the DeFi space including nine-figure fund raises, successful product launches and soaring token prices was somewhat tarnished by the news of…

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# Nym Technologies raises M to develop surveillance-evasion platform

# Nym Technologies raises $13M to develop surveillance-evasion platform

“# Nym Technologies raises $13M to develop surveillance-evasion platform ” European security startup Nym Technologies has announced a $13 million funding round coordinated by renowned crypto investor Andreessen Horowitz, or a16z, and further participated by a venture capital firms Digital Currency Group, Tayssir Capital, Huobi Ventures, Hashkey and Fenbush. This third funding round represented their…

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# DeFi protocol Aave encounters major capital flight

# DeFi protocol Aave encounters major capital flight

“# DeFi protocol Aave encounters major capital flight ” Annual percentage yields, or APY, on crypto borrowing and lending platform Aave have surged to record levels after capital withdrawals sent the decentralized finance, or DeFi, protocol into a liquidity crunch. At the time of writing, variable APY on borrowing stablecoin Dai via Aave has surged…

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# THORChain concludes 2 security audits following summer exploits

# THORChain concludes 2 security audits following summer exploits

“# THORChain concludes 2 security audits following summer exploits ” Cross-chain liquidity protocol THORChain has fully recovered from two summer exploits that compromised millions of dollars in user funds after the company announced Thursday that it had received passing grades in a new security audit.  The simultaneous audits, which were carried out by cybersecurity companies…

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# Immunefi to bolster DeFi security service with new funds

# Immunefi to bolster DeFi security service with new funds

“# Immunefi to bolster DeFi security service with new funds ” DeFi security platform Immunefi has announced a $5.5 million funding from a panoply of eleven institutional investors including Blueprint Forest, Electric Capital, Framework Ventures and Bitscale Capital, in addition to a series of private individuals.  Immunefi will utilize the funds to advance its services…

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