As we have mentioned in the previous article, Decentralized Finance (DeFi) is a revolution in the financial sector and crypto industry, and it tries to solve many problems regarding traditional finance. This article focuses on how the cryptocurrency market, even if decentralized, is not risk-free and whether it is possible to regulate decentralized finance. — The months of May and June have been devastating and have jeopardized the entire crypto industry. The collapse of Terra Luna and the subsequent bankruptcy of Celsius Network has sparked a wave of fear, uncertainty, and doubt across the whole sector, commonly known as FUD. …