DeFi Rescue Hurts Anti-Wall Street Pitch After $10 Billion Run
Decentralized finance is in the midst of the largest coordinated rescue in its history, an effort marked by moral hazard concerns and ad-hoc coordination that sit awkwardly with the sector’s...
By Sidhartha Shukla · Bloomberg Markets
Decentralized finance is in the midst of the largest coordinated rescue in its history, an effort marked by moral hazard concerns and ad-hoc coordination that sit awkwardly with the sector’s founding pitch as a disruptor of traditional finance.