September Sets 2023 Exploit Record and DAOs Can Democratize Science: Redefining Finance.

Welcome to Finance Redefine, your weekly dose of essential information about decentralized finance (DeFi), a newsletter designed to bring you up to speed on the most important developments from the past week.

In this week's newsletter, September became the biggest month for crypto exploits in DeFi with losses of over $300 million, and the popular DeFi lending protocol Yield announced its permanent shutdown by December.