Mark Cuban Calls for DeFi Regulation After Crypto Investment Goes to Zero

From decrypt.co

Last night, billionaire investor Mark Cuban said he was “hit” by the sudden collapse of a cryptocurrency called TITAN; the token shed nearly 100% of its value over the course of a few hours. Now, after losing what he’s characterized as a “small” percentage of his portfolio, he’s calling for increased regulation around stablecoins—a subgroup of cryptocurrencies meant to hold a “stable” value tied to a particular fiat currency. tweet Titan was part of Iron Finance, a kind of investment project under the heading of DeFi, or “decentralized finance.” These are programs that manage your crypto ... (full story)