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DeFi: Crypto’s ‘Wild West’ of Finance | WSJ

DeFi: Crypto’s ‘Wild West’ of Finance | WSJ

Many are calling decentralized finance, or DeFi, the “Wild West of finance.” This fast-growing industry aims to provide automated banking services for cryptocurrencies to everyone, with no middle men. But DeFi is still in its early stages, which means there are risks. WSJ explains. Photo illustration: Tammy Lian/WSJ More from the Wall Street Journal: Visit …

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WSJCoin: To Understand Cryptocurrencies, We Created One

WSJCoin: To Understand Cryptocurrencies, We Created One

In an original WSJ documentary, markets reporter Steven Russolillo ventures to Japan and Hong Kong to explore the universe of cryptocurrencies. His mission: create WSJCoin, a virtual token that could save the newspaper industry — or not. source views 20588

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