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DeFi’s Recent, Costly Setbacks Serve as Lessons for the Sector

May 7, 2020 by DIGIT
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After a meteoric rise, DeFi has suffered several high-profile setbacks. The question is not about whether it will recover, but what needs to be done to ensure recovery.

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Categories defi, Ethereum, Fraud, Hacker, maker
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  • bitcoinBitcoin(BTC)$104,141.000.30%
  • ethereumEthereum(ETH)$2,498.77-1.07%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.14-0.38%
  • binancecoinBNB(BNB)$650.51-0.83%
  • solanaSolana(SOL)$152.08-1.01%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1892440.67%
  • tronTRON(TRX)$0.268514-0.23%
  • cardanoCardano(ADA)$0.66-0.71%
  • bitcoinBitcoin(BTC)$104,141.000.30%
  • ethereumEthereum(ETH)$2,498.77-1.07%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.14-0.38%
  • binancecoinBNB(BNB)$650.51-0.83%
  • solanaSolana(SOL)$152.08-1.01%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1892440.67%
  • tronTRON(TRX)$0.268514-0.23%
  • cardanoCardano(ADA)$0.66-0.71%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$104,141.000.30%
  • ethereumEthereum(ETH)$2,498.77-1.07%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.14-0.38%
  • binancecoinBNB(BNB)$650.51-0.83%
  • solanaSolana(SOL)$152.08-1.01%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1892440.67%
  • tronTRON(TRX)$0.268514-0.23%
  • cardanoCardano(ADA)$0.66-0.71%
  • bitcoinBitcoin(BTC)$104,141.000.30%
  • ethereumEthereum(ETH)$2,498.77-1.07%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.14-0.38%
  • binancecoinBNB(BNB)$650.51-0.83%
  • solanaSolana(SOL)$152.08-1.01%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1892440.67%
  • tronTRON(TRX)$0.268514-0.23%
  • cardanoCardano(ADA)$0.66-0.71%