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Ponzi Scheme

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  • Analysts identify 3 critical flaws that brought DeFi down

Analysts identify 3 critical flaws that brought DeFi down

Poor risk management, insufficient revenue and the overuse of leverage are the core reasons why DeFi is crumbling.

China’s BSN chair calls Bitcoin Ponzi, stablecoins ‘fine if regulated’

Stablecoins like USDT and USDC would be doing just fine if properly regulated, while Bitcoin is a “Ponzi scheme” in any case, China’s BSN chair told Cointelegraph.

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