DeFi

🔔 Weekly industry update

🛡️ OpenCover
🔹 OpenCover and @requestnetwork surpassed $100M in transactions covered.
🔹 We unlocked $5.6m of Bundled Cover capacity from @nexusmutual across @morpho Morpho + Morpho Vaults and their underlying protocols.

🚨 Hacks
🔹 Moby experienced a security breach resulting in a ~$2.5m loss.
🔹 0xOrange Finance lost ~$780k in an exploit.

🌀 Protocols
🔹 @morpho introduced Morpho Vaults 1.1, part of a bug bounty program on @immunefi and Cantina.
🔹 @spectrasocial surpassed $200m in TVL.

Exciting updates in the crypto industry this week! OpenCover and @requestnetwork hit a milestone of $100M in transactions covered. Meanwhile, @morpho launched Morpho Vaults 1.1 and @spectrasocial exceeded $200m in TVL. Stay informed, stay secure!

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Exciting updates in the crypto industry this week! OpenCover and @requestnetwork hit a milestone of $100M in transactions covered. Meanwhile, @morpho launched Morpho Vaults 1.1 and @spectrasocial exceeded $200m in TVL. Stay informed, stay secure! 