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breaking: stream’s xUSD collapse triggers defi chaos with chain liquidations and investor losses 📉 investors overlook risks for high APY, face
The collapse of Stream’s xUSD highlights the interconnected risks in DeFi: from MEV Capital to Compound, the domino effect of a failed protocol
The collapse of Stream’s xUSD wiped out MEV Capital, crashed Elixir’s deUSD, and damaged Compound. A failed protocol triggered chain liquidations in DeFi’s leverage stack. Investors seek high APY without assessing risks, risking total capital loss. Neo introduces robots into homes, but lack of unified system hinders cooperation. OpenMind raised $20 million for OM1 to make robots speak the same language, connecting them via FABRIC on blockchain for collaboration and crypto payments. Definitive, developed by Coinbase Prime team, caters to institutions and retail traders with advanced order types and competitive pricing across DEXs. Explore more at the provided source link.
Collapse of the Jenga Challenge: the collapse of stream funding
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