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The Block (@TheBlockCo): THE BLOCK: Term Labs wrote in its update that all Term Meta vaults have been shut down permanently and DAO governance roles have been revoked. Withdra…

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THE BLOCK: Term Labs wrote in its update that all Term Meta vaults have been shut down permanently and DAO governance roles have been revoked. Withdrawals remain open. Earlier, the team said a governance exploit affected Term Finance vaults, with reported losses at $8.5M.

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