Decentralized finance mobile “superapp” Legend has announced it is winding down after about two years of operation, adding to a string of crypto apps deciding to shut down this year. Legend was a DeFi ...

For protocol founders and security researchers, the incident reinforced a broader shift underway across crypto: DeFi is no longer primarily battling coding bugs. It’s battling complexity.

The purpose of Decentralized Finance (DeFi) was to create a universal and open financial system that would provide financial services to anyone, anywhere in the world, without the need for ...