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Understanding the Implications of Economic Attacks in DeFi
The world of finance has undergone a significant transformation with the emergence of DeFi, short for Decentralized Finance. DeFi refers to a system of financial applications built on blockchain networks that aims to provide open, permissionless, and inclusive financial services to anyone with an internet connection. While DeFi has revolutionized traditional finance, it also brings…
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Risks and Opportunities for DeFi in the current regulatory landscape
The decentralized finance (DeFi) space has grown exponentially over the past few years, providing a new way of conducting financial transactions through blockchain technology. DeFi has significantly changed the traditional financial industry, offering users greater autonomy and transparency. However, this growth has been accompanied by a lack of regulatory clarity, resulting in uncertainties and risks…