In this week's ETHLife News DeFiDude and Deniz discuss:

The $611 million Poly Network Hack, update on the infrastructure bill, drama between Sushi & Optimism, Arbitrum opening to users in August, Aave decentralized social media paltform, Aave to go multi-chain, Zapper fee pushback, GearBox Protocol, Dune Analytics raises $8M, Institutions increasingly buying ETH, Penguins take NFT world by storm, Rarible announce Rarible Protocol, MEME turns 1 today, and stats on EIP1559