Magnate Finance first deleted its Telegram channel and X account followed by taking down the website before pulling the plug on its TVL.
A Curve Finance hack sparked a sharp sell-off, and while DeFi traders stepped in to support CRV, the possibility of a contagion-level event remains.
CEO Charles d’Haussy doesn’t view centralized exchanges as competitors for dYdX.
“The SEC is attempting to front run Congressional action by baking unsupported assumptions about its crypto jurisdiction into the proposed rules," said Paul Grewal.
The highly accessible introductory text mentions all the concepts and names a curious reader would need, along with some assessments.