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DeFi vs. CeFi: Decentralization for the win? – Cointelegraph Magazine

The collapse of Three Arrows Capital wiped out much of the CeFi sector. But ongoing hacks and UST’s collapse have thrown a cloud over DeFi, too. So, which sector will emerge stronger from the current turmoil? DeFi’s credibility took a serious nosedive in the bear market, but CeFi fared even worse.
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