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BSC-based DeFi project Meerkat loses $31m after launch

Losing money while trading cryptocurrencies is nothing surprising or new, and every trader learns that sooner, rather than later. However, for a project to lose $31 million worth of crypto a day after launch is scandalous, at best. This is exactly what happened to a DeFi project called Meerkat Finance, which recently launched on Binance […] ....

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