Crypto Losses Often Tied to Centralization; Sushi Expands Swaps; Opyn Founders Exit after CFTC Action; Layer 2 Growth and Challenges
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46% of crypto lost to exploits is due to traditional Web2 flaws like centralized info according to Immunefi report.
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Sushi partners with ZetaChain to test native Bitcoin DeFi swaps across 30 blockchains without wrapping.
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Opyn founders step down and leave crypto after CFTC enforcement action against protocol.
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Ethereum layer-2 networks hit $13B in total value locked but user experience and security challenges remain.
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Most top DeFi tokens were trading higher this week as total value locked held above $50B.