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Iron Finance Token Slides From $64 to Near Zero Following ‘Large-Scale Crypto Bank Run’

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The Iron Titanium token (TITAN) value has quaked a great deal after the project suffered from what the team called “the world’s first large-scale crypto bank run.” After touching a high of $64 per token on Wednesday, the project slid to near zero and remained worthless on Thursday afternoon. Iron Finance Claims Project Suffered from a ‘Bank Run’ The world of decentralized finance (defi) is exciting but it also comes with major risks stemming from smart contract exploits, flash loans, and alleged bank runs. That was the case for the…

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