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A crypto lending app tried to take over a ‘whale’ account to stop it from collapsing the system

Solana suffered its second outage in a month, sending price plunging

The logo of cryptocurrency platform Solana.

Jakub Porzycki | NurPhoto via | Getty Images

Decentralized finance platforms are going to extreme lengths to limit the fallout from a sell-off in cryptocurrencies.

Solend, a lending platform built on the Solana blockchain, tried to gain control of its largest account, a so-called “whale” investor that it said could significantly influence market movements.

Solend’s users have since voted to block the…


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