Supply hyperlink
emergency
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Altcoin NewsNews
Maker DAO recordsdata emergency proposal addressing 3.1B USDC publicity
by Jeremyby JeremyFirstly, Maker proposes lowering the debt ceiling of UNIV2USDCETH-A, UNIV2DAIUSDC-A, GUNIV3DAIUSDC1-A, and GUNIV3DAIUSDC2-A liquidity supplier collaterals to 0 Subsequent, Maker needs to cut back each day minting limits of its USDC peg stability module from 950 million DAI to…
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IMPORTANT: Due to a associated challenge, LPs of the next swimming pools ought to take away their liquidity ASAP as the problem can’t be mitigated by the emergency BAL Token Holds Its Floor For Now BAL buying and…
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The cryptocurrency lender, Genesis sought an emergency mortgage of $1 billion from buyers earlier than the platform suspended clients’ withdrawals on Wednesday, a report by The Wall Road Journal It cited a “liquidity crunch because of sure illiquid belongings…
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Altcoin NewsNews
Genesis sought $1B emergency mortgage however by no means obtained it
by Jeremyby JeremyThe mortgage request got here earlier than the corporate despatched out a notification to shoppers earlier this week that it could be suspending a doc it reviewed, the WSJ famous that Genesis sought the funds by 14 due to…
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Exchanges
Serum’s SRM Tokens Double in Worth After Emergency Fork in Wake of FTX Hack
by Jeremyby JeremyThe Serum token worth rose as excessive as 32 cents, from a low of 12 cents simply two days in the past, as group members of the decentralized change scrambled to implement an emergency fork within the wake of safety…
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In accordance to a report within the Wall Road Journal (WSJ) citing “individuals acquainted with the matter,” the CEO reportedly made the request to traders in a 9 name the place he outlined methods to assist remedy FTX’s monetary
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