Two DeFi hacks top $120M, and $500M Algo Fund launches, Nov. 26–Dec. 3 By Cointelegraph

Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.

A week packed with positive advancements in the DeFi space including nine-figure fund raises, successful product launches and soaring token prices was somewhat tarnished by the news of two severe security exploits. Read on to get the full scope of developments across the week.