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…
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…
Andre Cronje, best known for creating the popular yield aggregator Yearn Finance (YFI), recently argued on Twitter that the DeFi sector should ditch the old buzzword and stop calling itself “decentralized”–in favour of a more accurate descriptive term. Although Cronje, who made a substantial contribution to the DeFi space, is ready to “retire” the coined…
Polkadot smart contract parachain Moonbeam recently announced the native integration of Chainlink Price Feeds on Moonriver, marking a pivotal moment for projects building in the Kusama ecosystem. Moonriver is a layer 1 Ethereum-compatible parachain connected to Kusama, and a permanently incentivized canary network of Moonbeam. Following the news that Chainlink Price Feeds officially went live…
Eager to scale decentralized finance (DeFi) for mainstream adoption, the cross-chain platform Kava, which counts three protocols, $2,1 billion in assets on-chain, and over 280 thousand users, is ready to expand. The platform’s developers, Kava Labs, recently announced kickstarting its next phase of growth with the launch of the Kava Ecosystem. The announcement revealed that…