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cryptocurrency and related discussion
Collapse of Luna cryptocurrency leads to $11 million exploit on Venus Protocol
submitted 1 year ago by Drewski from therecord.media
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[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 1 year ago (0 children)
I was thinking the same thing when Luna collapsed. The security of proof of stake is based on large holders not sabotaging themselves, which is out the window when that didn't matter a damn for Luna because of these loans and synthetic assets that can act as shorts.
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[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)