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The Bank of Canada has released a working paper that examines lending protocols in decentralized finance (DeFi) with regard to sources of instability and their relation to crypto asset prices. Its findings point to potential ways to optimize DeFi lending platforms, or possibly the practical limits of decentralization.The authors of
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The Wonderland protocol became the talk of the decentralized finance (DeFi) world after the platform was found at the center of a brewing controversy. On Jan. 27, DeFi analyst zachxbt revealed that one of the anonymous co-founders of Wonderland happened to be QuadrigaCX co-founder Michael Patryn, who has been operating under
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Weekly jobless claims declined to 1.877 million on Thursday, while continuing claims jumped to 21.5 million. Jim Bianco says the narrative stock market bulls have been using to explain away ugly labor market data doesn’t hold up anymore. He says these new job losses aren’t temporary layoffs – they’re going to stick. For
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