European DeFi startups saw a 120% increase in VC funding in 2022: Finance Redefined

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European DeFi startups saw a 120% increase in VC funding in 2022: Finance Redefined
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DeFi VC investment rose by over 120% in 2022, while the Euler Finance hacker has returned most of the stolen funds. Read more DeFi highlights from the past week in our weekly newsletter.

In a transaction on March 25, the exploiter returned 51,000 ETH, worth around $88 million at the time of writing.

A second transfer of 7,737 ETH was made on the same day, worth over $13 million. Previously, on March 18, the hacker sent 3,000 ETH to the protocol, worth nearly $5.4 million at the time. The exploiter still controls some of the stolen assets. By April 27, the

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