<p>WMC is a wrapped version of Merit Circle ruuning on the Beam blockchain.</p>

Wrapped Merit Circle 

WMC is a wrapped version of Merit Circle running on the Beam blockchain. 

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Charles Hoskinson has defended Cardano's Hydra project, refuting rumors of abandonment amid community scrutiny of its development.

Wrapped Merit Circle WMC

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Cardano’s Hydra Project Under Fire: Hoskinson Steps In to Clarify