{"id":130976,"date":"2021-11-20T20:22:49","date_gmt":"2021-11-21T04:22:49","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2021\/11\/defi-cryptos-wild-west-of-finance-wsj"},"modified":"2021-11-20T20:22:49","modified_gmt":"2021-11-21T04:22:49","slug":"defi-cryptos-wild-west-of-finance-wsj","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2021\/11\/defi-cryptos-wild-west-of-finance-wsj","title":{"rendered":"DeFi: Crypto\u2019s \u2018Wild West\u2019 of Finance | WSJ"},"content":{"rendered":"<p><\/p>\n<p><iframe style=\"display: block; margin: 0 auto; width: 100%; aspect-ratio: 4\/3; object-fit: contain;\" src=\"https:\/\/www.youtube.com\/embed\/7wrAdUrh344?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope;\n   picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p>Many are calling decentralized finance, or DeFi, the \u201cWild West of finance.\u201d 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<\/p>\n<p>More from the Wall Street Journal:<br \/> Visit <a href=\"http:\/\/WSJ.com\">WSJ.com<\/a>: <a href=\"http:\/\/www.wsj.com\">http:\/\/www.wsj.com<\/a>.<br \/> Visit the WSJ Video Center: <a href=\"https:\/\/wsj.com\/video\">https:\/\/wsj.com\/video<\/a>.<\/p>\n<p>On Facebook: <a href=\"https:\/\/www.facebook.com\/pg\/wsj\/videos\/\">https:\/\/www.facebook.com\/pg\/wsj\/videos\/<\/a><br \/> On Twitter: <a href=\"https:\/\/twitter.com\/WSJ\">https:\/\/twitter.com\/WSJ<\/a><br \/> On Snapchat: <a href=\"https:\/\/on.wsj.com\/2ratjSM\">https:\/\/on.wsj.com\/2ratjSM<\/a><\/p>\n<p>#DeFi #DecentralizedFinance #WSJ<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many are calling decentralized finance, or DeFi, the \u201cWild West of finance.\u201d 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 [\u2026]<\/p>\n","protected":false},"author":417,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1761,45,6],"tags":[],"class_list":["post-130976","post","type-post","status-publish","format-standard","hentry","category-cryptocurrencies","category-finance","category-robotics-ai"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/130976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/417"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=130976"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/130976\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=130976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=130976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=130976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}