DeFi darlings and blue-chip token values fall more than 60% as the crypto market sell-off pushes the total TVL below $100 billion. Read More
https://cryptogator.co/defi-token-prices-obliterated-as-bitcoin-sell-off-knocks-tvl-under-100b/
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Another DeFi scam went bust the other day, with the creators making off with millions in a "rug pull" escape act.
All of DeFi is a scam. Millions more will be lost either through outright fraud or poorly-written smart contracts.