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www.coppolacomment.com
| | www.web3isgoinggreat.com
6.3 parsecs away

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| | After the defi yield platform Stream Finance announced a $93 million loss, Elixir announced it would be discontinuing its deUSD synthetic stablecoin. Stream Finance owes $68million to Elixir, and holds around $75million deUSD.Elixir has announced that they plan to allow deUSD holders to redeem their tokens for USDC through a process that will also eliminate the risk of Stream Finance cashing out their deUSD without repaying their loan. According to Elixir, "Stream comprised of 99%+ of the lending positions (and has decided to not repay or close positions)".
| | www.kalzumeus.com
2.8 parsecs away

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| | [AI summary] The text is a detailed analysis and critique of the cryptocurrency industry, focusing on the Tether (USDT) and Bitfinex controversies. It outlines the author's belief that Tether is insolvent and part of a larger scheme involving money laundering and regulatory evasion. The author also discusses their personal skepticism towards cryptocurrencies, the role of fraud in the industry, and their own past investigations into similar issues, such as Mt. Gox. The piece includes technical details about verifying the author's predictions through cryptographic hashes and timestamps, as well as mentions of other journalists and analysts who contributed to uncovering these issues. The author's intent is to inform readers about the risks and potential fraud w...
| | davidgerard.co.uk
7.1 parsecs away

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| | Don't cash it until 2032, okay.
| | theecologist.org
29.5 parsecs away

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| The decision to defend capital has led to governments taking too little action too late to stop the spread of novel coronavirus.