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Almost a week ago, Andre Cronje announced his and his colleague Anton Nell’s departure from crypto and DeFi. Immediately, the rumors of their exits sent the tokens of projects associated with them crashing amidst fears of a rug pull. Cronje’s associate, Anton Nell announced over Twitter: “Andre and I have decided that we are closing…
Yearn, the seventh-largest DeFi application on Ethereum by Total Value Locked (TVL), has launched its service on the Arbitrum Ethereum Layer-2 network. Four months ago, Yearn took its first steps outside of the Ethereum base chain when Yearn added support for the Fantom Layer-1 blockchain. By a tweet from Yearn’s Twitter account, the veteran DeFi…