Mercenary Liquidity Fuels Billion ‘Vampire Attack’ on Established Layer-1 Networks
SEOUL — The fierce competition among alternative Layer-1 blockchains experienced a highly disruptive shift on Thursday, as a relatively obscure, newly launched network shocked the industry by capturing over $1 billion in Total Value Locked (TVL) within its first 72 hours of operation. The explosive growth highlights the extreme, mercenary nature of liquidity within the […]
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