Iron Finance’s Algorithmic Stablecoins Warning Hits Mark Cuban Too
Mark Cuban. Source: A video screenshot, Youtube/Vanity Fair
DeFi protocol Iron Finance suffered a massive impact to their TITAN token in what they described as a "bank run," and what many in the Cryptoverse called a rug pull - but inadvertently providing an important warning for algorithmic stablecoins, with Dallas Mavericks owner Mark Cuban finding himself among the victims too.
IRON…
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