Digital credit market hit by huge selloff as Strive CEO blames leverage liquidations
Summary Matt Cole said the decline was a “leverage liquidation event” caused by margin calls and forced selling, not a weakening of issuers’ credit quality.
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CoinDesk Indices Share this article CoinDesk 20 performance update: Litecoin (LTC) gains 2.4%, leading index
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Decentralized finance (DeFi) was “bent, not broken” after a $292 million exploit on April 18
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