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Posted by
Two Blokes Apr 15 -
Filed in
Crypto
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Mantra (OM) token experienced a catastrophic DeFi collapse on April 13, losing 90% of its value and erasing $6 billion in market cap. Despite no confirmed hack, large token movements before the crashed raised suspicions of insider trading. Analyst Jean Rausis warned about overhyped Layer 1 blockchains suggesting a return to fundamentals like Ethereum. The post Mantra Collapse Sparks Debate on Trust in DeFi, Says Analyst appeared first on Cryptonews.
