News about Defi

by COINS NEWS - 2 years ago

Apparently Alameda is trying to short USDT on DeFi

So apparently Alameda is trying to supply USDC on aave, then borrow USDT on aave followed with a swap of USDT to USDC on curve. They are doing so with a quarter of a million dollars. ($250.000). At this point they do not care about the crypto ecosyst...