DeFi Insurance Newcomer COVER Attacked: How Can the Insurance Industry Protect Itself?

After entering September, as DeFi protocol liquidity mining yields declined sharply, the DeFi market began to quiet down, with explorers moving into deeper and broader areas. In November, thanks to the support of Yearn.finance founder Andre Cronje (AC) and the surge in governance tokens, decentralized insurance Cover Protocol came into prominence, bringing DeFi insurance into the spotlight.