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Cathie wood thinks the world would face deflation and appealed to the FED to revisit their plans.

What is a deflationary bust?
To know the whole story, you must know about the deflationary bust. A deflationary bust is likely to occur during an economic crisis or recession. It is a phenomenon in which people do not spend their money due to high inflation rates. The demand for things becomes lower—the investment and consumption rates also slowdowns.

People and businesses start holding their money because of the further financial crisis. When more money is saved, there will be less investment and less demand for goods. This disrupts the demand and supply chain, which further increases the financial crisis. When prices started decreasing, people’s expectations of future inflation also lowered downs, and they held their money more.

Consumers spend less money because they think the prices will be lower tomorrow, so why spent today? This cycle disturbs the whole economic system from which Cathie Wood is warning The FED.

https://www.cryptopolitan.com/cathie-wood-appeal-to-fed

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Google search started to recognize Blockchain wallet addresses and seem to show Ethereum balances.

Is it just about time before everyone is able to search 'Do Kwons assets' and everything shows up?

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📍 Follow @Coins for the hottest news in crypto.
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TempleDAO suffered an exploit on one of its staking vaults for 1,830 ETH, roughly $2.3 million.

https://www.theblock.co/post/176299/hacker-steals-2-3-million-from-templedao

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- Hacker exploits Mango for $100M+

-Hacker turns around & offers to return most funds, if DAO promises not to pursue criminal investigations

-Hackers uses 32M votes from the exploit to vote 'Yes'

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Binance says BSC hard fork successful after hack

https://twitter.com/BNBCHAIN/status/1580143486191271936

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