Main Street’s msUSD collapses as Altura winds down vault
Despite claiming to be a transparent alternative to traditional finance, a recent series of DeFi contagion events have stemmed from opacity.
Despite claiming to be a transparent alternative to traditional finance, a recent series of DeFi contagion events have stemmed from opacity.
After a hacker minted 80M USR, the resulting depeg has sown chaos across DeFi yield vaults, and “risk curators” face scrutiny once again.