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...So, there is no protection if anything goes wrong and hacks and theft are rife. But Defi’s growth has been rapid, ballooning from $15bn at the end of 2020 to a peak of $110bn in September last year....
...eva.szalay@ft.com...
...But they do this in an environment where hacks are rife and transparency about prices, and what happens on the exchange, is almost zero. Regulators have been aware of the problem for some years now....
...Goldman Sachs analysts last week described the DeFi industry as “an experimental and unregulated alternative financial system” rife with scams and hacks....
...The use of digital coins in illicit activities remains rife....
...But scams and hacks also remain rife, with a recent report from data company Xangle showing that investors have lost more than $16bn to fraud since 2012....
...And when her burnt-out car is discovered in an area rife with sinister folklore (dating back to the cannibalistic Sawney Bean clan), we’re soon in typically scarifying Oswald territory....
...Lowballing female candidates is still rife, she said, noting that last year she rejected a job offer on pay grounds....
...And then there is Argentina, where suspicions of government involvement remain rife....
...But while Pérez is widely vilified today, Mr Krauze believes that even if Venezuela’s economy falls apart again, Chávez “will still be adored by the people, rather like [Argentina’s] Eva Perón....
...One internet search shows women buying the same jewellery as Lia Sophia fans Jessica Alba, Hilary Swank, Sienna Miller, Eva Longoria, Oprah Winfrey and Katie Perry....
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