While projects cannot wholly prevent bad actors from infiltrating the DeFi realm, security specialists say there are ways to deter such practices.
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Category: Defi scams
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Kraken CEO: ‘Defi Scams’ Must Take Their Losses as Way to ‘Enlightenment’
Jesse Powell, chief executive officer of the world’s fourth-largest crypto exchange Kraken, has criticized decentralized finance (defi) projects, accusing them of being “scams” that enter the market too quickly, unprepared. In a charged Oct. 26 tweet, Powell said the “scams” should not expect crypto exchanges to bail them out once things go wrong. Preferring to […]
The post Kraken CEO: ‘Defi Scams’ Must Take Their Losses as Way to ‘Enlightenment’ appeared first on Bitcoin News.
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