DeFi can exacerbate volatility without even avoiding middlemen, BIS reports say
"The economic forces that allow intermediaries to hold market power in traditional finance might still exist in the DeFi world."
"The economic forces that allow intermediaries to hold market power in traditional finance might still exist in the DeFi world."
"The lack of a serious accounting system or even basic internal controls contributed to the company's downfall."
Douglas Criscitello is a senior lecturer and executive director of the MIT Golub Center for Finance and Policy at MIT Sloan School of Management.
MIT innovators were in the spotlight again this year as Forbes unveiled its annual list of the top leaders, founders, and creators under 30 years old.
MIT alumnus-founded PoolText offers a platform for researchers and journal editors to improve the efficiency of submitting and publishing scientific papers.
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To make continued progress, the coalition imposing the [Russian oil price] cap should create a policy committee, with regular monthly meetings."
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