Finance Redefined: Never a dull day in DeFi! May 5-12

Finance Redefined: Never a dull day in DeFi! May 5-12

One of the busiest days of the year for DeFi featured exploits, rugpulls, protocol pivots, and more. Never a dull day indeed. Today was among the busiest in recent DeFi memory, featuring a hack worth eight figures, a token dump worth upwards of eleven from none other than Ethereum co-founder Vitalik Buterin himself, a significant update on institutional adoption from Aave, and a proposal on Uniswap’s governance forums to turn $UNI into a governance token — a proposal once again courtesy of Vitalik. Rapid reactions, roughly in chronological order (assuming my memory isn’t totally fried from....


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