
Crypto Rug Pull: MetaDAO Runs Away With 800 Usersā ETH
Along with the unprecedented growth in 2021, the crypto world has added another crime to its list as MetaDAO has run away with 800 ETH in the latest rug pull incident.
Decentralized finance, known as DeFi, is emerging as the evolution of the obsolete traditional finance, these DeFi provide an extra of decentralization, transparency and security.
In this section you will find the latest news related to decentralized finance, new projects, partnerships and everything you need to be informed of that happens around you.
Without the need to trust third parties, more secure, transparent and without borders, DeFi will give a lot to talk about and from Crypto Economy we will tell you about it.

Along with the unprecedented growth in 2021, the crypto world has added another crime to its list as MetaDAO has run away with 800 ETH in the latest rug pull incident.
![How does SushiSwap's [SUSHI] accumulation pattern look?](https://crypto-economy.com//wp-content/uploads/2021/12/sushi-1.jpg)
The latest stats of SushiSwap shows a considerable accumulation sentiment from whales that can result in price gains. Santiment published a new report about this DeFi
![Despite DeFi migration From Ethereum [ETH], Are L1s losing market share to L2s?](https://crypto-economy.com//wp-content/uploads/2021/12/l2-tvl.jpg)
L2 protocols are gaining traction, but it seems the market is moving towards a new direction in terms of DeFi services. Platforms like Anchor Protocol, Terra,

Kraken Exchange announced the acquisition of Staked in one of the biggest crypto deals of all time as an important step toward expanding services. With the

Swiss SEBA Bank is aiming at joining the permissioned institutional DeFi platform, Arc, built by popular DeFi protocol Aave.

DeFi innovation is happening at a rapid pace. In the latest development, prominent liquidity provider and open-source protocol, Balancer Labs have announced the launch of Boosted
![Proposal for Restructuring SushiSwap [SUSHI] is Out](https://crypto-economy.com//wp-content/uploads/2021/12/sushi.jpg)
A new proposal is posted on the ShushiSwap forum describing new changes and also a partnership with Frog Nation. Daniele Sesta posted the proposal representing the
![Axie Infinity [AXS] eyes upside break: Here's what to expect](https://crypto-economy.com//wp-content/uploads/2021/12/vvv.jpg)
Play-to-earn games are the latest fad and Axie Infinity is the buzzword that’s haunting the cryptocurrency world. After a phenomenal rise, and two major corrections later,
![After Fantom's [FTM] choppy sessions, chase for uptrend continues](https://crypto-economy.com//wp-content/uploads/2021/12/1_v4gESZyUp6f4XKhULa65Nw-e1635270489465.jpeg)
Styled as an ‘Ethereum Killer,’ the Fantom [FTM] blockchain’s initial success story was built on the premise that it is one of the most eco-friendly networks.

SushiSwap [SUSHI] has been constantly declining since the first week of November. However, it appears that the asset may have finally bottomed out.Ā
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