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GM Defiers!
The International Monetary Fund is warning that unregulated crypto markets could facilitate the emergence of a new monetary ecosystem. "Crypto asset technologies, if not well regulated and supervised, could create de facto a new and alternative financial system," the IMF said.
In DeFi news, Contango launched perpetual futures contracts leveraging Aave, the top lending protocol. Contago offers one-click DeFi-native futures through recursive lending.
Plus, Mirror, an NFT-based publishing platform, has revamped its front-end interface following a surge in adoption. Users can now access curated or personalized content feeds showcasing media from across the platform.
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