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CeFi Broke. But DeFi Is Not Without Blame

It’s dangerous to simply throw all the blame for the current round of market mayhem at centralized lenders. Work is needed to bring security and stability to DeFi, says CoinDesk's chief content officer.

Updated Jun 14, 2024, 4:10 p.m. Published Jul 15, 2022, 5:00 p.m.
Issues with both DeFi and CeFi need resolution (Rachel Sun/CoinDesk)
Issues with both DeFi and CeFi need resolution (Rachel Sun/CoinDesk)