Defi can go mainstream if it overcomes its flaws By Cointelegraph


After FTX: Defi can go mainstream if it overcomes its flaws

The collapse of the now-bankrupt cryptocurrency exchange FTX has raised many concerns over unregulated centralized platforms.

Investors are now coming to question how safe it is to keep one’s funds on these exchanges and have voiced grave concerns about centralized decision-making without any checks.