Are Smart Contracts the Only DeFi Sector’s Guarantee on User Safety?

The security situation within the DeFi sector has been one of the top issues for users. Many new projects and inventions make attempts to address it a priority. These projects make several attempts to provide some slight assurance of user safety to users as a result. Among the key lines of thought is improving project anonymity. Using items like crypto tumblers may enhance the ability of masking. Another angle of improving user safety is targeting malware that carries out phishing…

Should DeFi Projects Be Subject to Regulations?

The Decentralized Finance (DeFi) space is so vibrant that it's hard to grasp the longevity of its applications. According to statistics from coinmarketcap, the market cap of DeFi is over $112bn. For that, financial watchdogs are having a hard time keeping up with such an explosive industry. Just recently, a hacker managed to scoop up to $600 of crypto from the Poly network. Such a security breach has ignited talks on whether regulators should be more involved in overseeing the…