CoinDesk reported:
But, in light of this recent black eye for DeFi, considering that even on-chain trade execution can apparently go so wrong, doesn’t it seem like an outsized risk to take out the only benefit that blockchain brings to commerce: immutability and transparency? I don’t know what the future of blockchain holds, but I’m increasingly told that it will not look like the familiar world of AMMs (automated market makers), but something more programmatic and automated. Maybe that will come to pass, but you’d think people would want to work out the kinks of crypto first.