February DeFi Digest

By Official Okex | Okex Announcements | 17 Feb 2021

February

DeFI Day

Good News: The decentralized markets hit an all new high off Bitcoin hitting 50,000 USD. The locked in value of DeFi has now surpassed 40 billion Dollars and has an 8% weekly gain.

Bad News: The largest flash loan attack in DeFi history happened this week; Alpha finance lost 38 million USD in this attack. In response Alpha Finance has taken several steps to prevent another flash loan attack. If you want to learn more about Alpha Finance or the DeFi markets read our article at the OKEx Academy to learn more.

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