Cybersecurity

Saylor distances himself from STRC-backed DeFi after stablecoin wobble

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Michael Saylor has distanced himself from DeFi protocols that use Strategy's STRC stock for yield farming, after several associated stablecoins de-pegged. He clarified that his social media reposts were notifications, not endorsements, amid the wobble of these tokens and STRC itself. This situation serves as a cautionary tale for developers and professionals in the fintech and blockchain space regarding the distinction between sharing information and endorsing financial products.

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