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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. This week brought troubling news: Crypto hackers have stolen over $1.2 billion in 2024, a 15.5% increase from 2023. Could they be on pace to exceed the total value stolen in 2023? In more positive news for investors, bankrupt crypto lender Celsius has finally made two-thirds of its customers whole after repaying $2.53 billion to 251,000 creditors. Celsius owes a total of $3 billion to over 375,000 creditors. …

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