ERC-20 wallet drainer gets a business license, Aave deploys on BNB: Finance Redefined

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The creators of a wallet drainer application have registered their business in the United Kingdom.

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.

A “Nova Drainer” phishing tool developer has officially registered as a business in the United Kingdom. Pyth Network has introduced Bitcoin (BTC) exchange-traded fund (ETF) price feeds to allow DeFi developers access to real-time market data, bridging the gap between traditional and decentralized finance. And the DeFi lending and leverage protocol Blueberry urged users to withdraw funds immediately when it discovered a mysterious exploit.

The top 100 DeFi tokens by market cap continued their bullish momentum, with total value locked (TVL) exceeding $80 billion.

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