$103 Million Liquidated on DeFi Protocol Compound After DAI Price Rise: Author – Francisco Memoria

Reported By: CryptoGlobe latest articles
A total of $103 million were liquidated on popular decentralized finance protocol Compound after a sudden rise in the price of the DAI stablecoin on Coinbase Pro saw some loans become under-collateralized. After what appears to have been an error or malicious attack, the price of the dollar-pegged stablecoin DAI surged on Coinbase to $1.30 […]
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