Startup Beat

The past year has seen significant cryptocurrency collapses, including those of FTX and UST/Terra/Luna, which suffered from the loss of parity (1:1) of their digital dollars against the U.S. dollar. Despite their potential benefits, digital assets have not yet been fully incorporated into the financial system, owing to security and regulatory compliance issues. This puts not only companies but also their clients at risk of further attacks that could jeopardize financial stability. Unfortunately, more market downturns and cryptocurrency fallouts have been predicted, making it imperative for the industry to address these challenges and find solutions.

Safety Protocols in the DeFi Space

Experts in the field of digital assets advise individuals to invest with caution, while also emphasizing the importance of safeguarding their digital wallets with the highest level of security. Sadly, in many regions, such as Latin America, cybersecurity challenges abound due to a lack of awareness, education, and resources

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