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A large number of recent Ponzi schemes have used decentralized finance (DeFi) infrastructure to defraud their customers. This article explores the DeFi ecosystem and how fraudsters are able to exploit ...

It’s a story many in the crypto world know all too well: a decentralized finance (DeFi) protocol advertises a sky-high annual percentage yield (APY) — sometimes as much as 200%. But roughly half of ...

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The purpose of Decentralized Finance (DeFi) was to create a universal and open financial system that would provide financial services to anyone, anywhere in the world, without the need for ...