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In response, the DeFi protocol has disabled any further borrowing against xSTRK and sSTRK collateral deposits, Nostra said.
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This may point to a “governance attack” in which a whale from the UMA Protocol “used his voting power to manipulate the oracle, allowing the market to settle false results and successfully profit,” according to crypto threat researcher Vladimir S.
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The roundtables were organized by the agency’s Crypto Task Force and will kick off with a discussion on tailoring regulation for crypto trading on April 11.
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