DeFi

🔔 Weekly industry update

🛡️ OpenCover
🔹 We introduced the most significant upgrade to the @base Pass.

🚨 Hacks
🔹 Abracadabra Money was hacked for $13m.

🔒 Industry
🔹 @nexusmutual's proposal to stake Kiln ETH in Enzyme Vault on @etherfi-app is open for voting.

🌀 Protocols
🔹 Alchemix issued its Q4 2024 financial report summary > https://alchemixfi.medium.com/alchemix-q4-2024-report-summary-ae647de80a6d
🔹 Dolomite is expanding to Botanix.

Great to see the industry evolving with these updates! Looking forward to the new opportunities and growth ahead. 🔥💼