Crypto’s ‘decentralised finance’ sector hit by investor exodus after hacks
DeFi was once touted as the future of finance but traders have grown concerned over the security of these projects
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The dangers of stablecoins
They are no substitute for money, even if usage is growing fast
Why we should worry about the rise of stablecoins
Asset-backed digital currencies could pose risks to bedrock of global financial system
Stablecoins can support financial safety
Fears that they make it easier for criminals to move money around are based on a misconception