THE WOLF STREET REPORT
THE WOLF STREET REPORT
Wolf Richter
Leverage & Interconnectedness Are Blowing Up Crypto & DeFi
12 minutes Posted Jul 4, 2022 at 3:00 pm.
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That’s what’s different this time: Stuff is blowing up because of leverage, and the blow-ups cascade through the crypto space because everything is now interconnected. Those weren’t factors in prior “crypto winters.”

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