TLDR
Clever DeFi came to be born out of the need to offer a product to suit in an absolute guaranteed way. The FATF tabled draft guidance that brings AML compliance to DeFi protocols is a step taken too fast. Smart contracts are susceptible to hacks if a proper cybersecurity framework and audit has not been conducted. NFT art is just a hysteric craze right now with ‘anything selling for everything’. I do think that the NFT craze will settle and die down to a slow heartbeat by year-end.via the TL;DR App
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Written by ishanpandey | Building and Covering the latest events, insights and views in the AI and Web3 ecosystem.