Mark Cuban Calls for Regulation As "Lazy" Investment Drops by 100%

AWASIOR

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Iron Finance's TITAN token's price plummeted from $64 to near-zero over a two-day period last week. Mark Cuban was an investor in the token when a panic sell-off saw its value drop to just over a cent.

''Even though I got rugged on this, it's really on me for being lazy. The thing about DeFi plays like this is that it's all about revenue and math and I was too lazy to do the math to determine what the key metrics were,'' Cuban said. ''There should be regulation to define what a stablecoin is and what collateralization is acceptable.''
 

jamesw

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