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Bancor DAO hit with class-action suit over impermanent loss protection promises

According to the suit, Bancor’s v2.1 investment product, introduced in October 2020 and the second to feature ILP, operated at a deficit that the defendants were aware of and tried to cover by launching a new product, v3, which promised “some of the most competitive returns anywhere […] without asking users to take on any risk.”

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Source: Cryptocurrency - investing.com

Reaction to Biden-McCarthy debt ceiling meeting

Biden and McCarthy Show Optimism on Debt Ceiling but Remain Far Apart