Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.
The total value locked also remained below $50 billion for the second consecutive week.

Twitter user saves cross-chain bridge from potential exploit A cross-chain bridge between BitBTC and the Ethereum layer-2 network Optimism has been able to avoid a potentially costly exploit thanks to the work of an eagle-eyed Twitter user.
Continue reading Wintermute repays $92M TrueFi loan on time despite suffering a $160M hack When Wintermute, a cryptocurrency market maker, lost $160 million due to a hack and concerns related to the repayment of debt worth $189.4 million surfaced.

On Oct. 18, Binance delegated 13.2 million Uniswap (UNI) tokens from its books, which represents 5.9% of the voting power — a percentage of tokens delegated to the exchange.
Lido DAO (LDO) was another DeFi token that registered a 9.45% surge in the weekly charts Thanks for reading our summary of this week’s most impactful DeFi developments.
Source: Cointelegraph
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