Finance Redefined: DeFi’s $4M lobsters, and Solana gaming, Sept. 6-10

Lobsters support DeFi in its efforts amid regulatory clampdowns — all this and more, only Finance Redefined.
Welcome to the latest edition of Cointelegraph’s decentralized finance, or DeFi, newsletter.In a week where the crypto market bears returned for blood, DeFi enlisted an army of lobsters to fight its feuds.While we ponder a feasible battleground for that mammalian-invertebrate combat, feel free to scroll on and read the top choices for the week’s most impactful stories. This newsletter is shorter and more concise. The newsletter’s summary is shorter and more concise. SOL SurvivorA Solana-based agricultural simulator game called DeFi Land was created to support players’ education within the DeFi markets. Long, who is a proponent of regulation, said that “bad actors deserve to be called out but the article overlooks the fact that regulatory compliant firms exist.” Token Prices. Technical data from Cointelegraph Markets, TradingView and Cointelegraph Markets shows that DeFi has lost 10.2% to $118.21 Billion. This is in stark contrast to the market pullback. Yearn.finance’s YFI fell 20% last week, and Synthetix’s (SNX) fell 13%. Token PricesAnalytical data shows that DeFi’s total value locked (TVL) is down 10.2% from last week to $118.21 billion. This is a positive sign for global adoption. Keep checking back next Friday for the latest developments and hot topics in this rapidly changing space.

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