Panic sets in as crypto suffers $2.9 trillion tumble - Sydney Morning Herald

Crypto’s all-for-one ethos was its biggest draw. Now with markets in turmoil, that same ethos is posing what may be the biggest threat yet to its survival.

Crypto loans particularly those in decentralised-finance apps that dispense with intermediaries like banks often require borrowers to put up more collateral than the loan is worth, given the risk of … [+6566 chars]

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