Crypto exchange Binance has announced a temporary suspension of deposits for ten Multichain-bridged (MULTI) tokens, pending further clarification from the protocol’s team. According to a May 25 tweet from Binance, the exchange said the decision would affect some assets deposits with blockchain networks like Fantom (FTM), BNB Smart Chain, Ethereum (ETH), and Avalanche (AVAX). This…
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What is CryptoSlate Alpha? CryptoSlate Alpha is a membership designed to empower you with cutting-edge insights and knowledge, built on top of Access Protocol. More about CryptoSlate Alpha › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. You Need More ACS It looks…
Ad Layer1 (L1) blockchain network Fantom (FTM) rose by 10% in the last 24 hours to $0.51 as of press time, according to CryptoSlate’s data. FTM is one of the best-performing digital assets in the current year — rising by more than 200% to as high as $0.65 as of Feb. 3, from a low…
Fantom (FTM) has grown by over 17% following Andre Cronje’s revelation that its Foundation has $340 million worth of assets and annual earnings of over $10 million. Cronje said Fantom was cash positive, and it was still scaling up. Cronje says DeFi saved Fantom Cronje said the Foundation might have stopped operating if DeFi did…
Fantom (FTM) is up 24% over the last 24 hours to $0.27 amid rumors that DeFi trailblazer Andre Cronje is returning to the industry. The price movement continues the asset’s recent upward trend, which had seen it rise by 25% in the last seven days and over 20% in the previous 30 days. FTM traded…
Scream, a decentralized lending protocol on the Fantom network, incurred a $35 million debt after failing to adjust the prices of two stablecoins that lost their peg on its platform. The DeFi protocol had hardcoded the value of these affected stablecoins, Fantom USD (fUSD) and DEI, to $1, meaning their decline did not reflect on…
Deus Finance DAO has suffered another exploit and lost $13.4 million worth of ETH to a hacker less than a month after being hacked in a similar flash loan attack for roughly $3 million. Deus DAO lost over $16 million to the two attacks Blockchain security company PeckShield first reported the exploit claiming that although…
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…
For a few years, Ethereum reigned alone as the only realistic smart contract blockchain on the planet. Those using the blockchain or developing applications for it, had little choice but to accept the technical properties and characteristics of the Ethereum system. But at least Ethereum was a technical leap forward from Bitcoin, and considerably faster,…