Fraud and theft at decentralised finance platforms has totalled $10.5 billion (€9.3 billion) so far this year, newly-published research showed on Thursday, laying bare the risks in the fast-growing but still mostly unregulated area of cryptocurrencies.
It is all due to Decentralised Finance (DeFi) platforms, according to the study.
DeFi is a blockchain-based platform that allows users to lend, borrow and save (usually in cyrptocurrencies), but it can be done without the traditional gatekeepers of
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