Andre Cronje, founder of the decentralized financial (DeFi) sector, technical adviser to the Fantom Foundation, and founder of Yearn Finance has deactivated his Twitter account, leaving the DeFi community in disarray. Fantom Foundation co-founder Anton Nell said in a March 6 tweet that he and Cronje were both quitting the
For the time being, the LUNA bulls cannot break through an overhead barrier. RUNE has gained nearly 51% in the last week. Let us look at the top 3 DeFi gainers of the week. THORChain (RUNE) The native RUNE coin of the THORChain cross-chain decentralized exchange has gained 51% in
Handewitt, Germany, 3rd March, 2022, Chainwire Solidproof is proud to announce that they have secured licenses for their auto tool, which has the potential to take DeFi auditing to the next level. The tool’s beta version is available to dedicated parties who will help with testing and final development.
Kaunas, Lithuania, 2nd March, 2022, Challenger networks, new projects and use cases drive activity to maintain blockchain usage stable in spite of macroeconomic events; DeFi recovers, while NFTs face a cool-down Leading decentralized applications store DappRadar today published its February 2022 Dapp Industry Report, revealing stability for the blockchain
Houston, Texas, USA, 2nd March, 2022, Chainwire Altrucoin ($ALTRU) is an existing decentralized financial DeFi platform that has combined BankerDoge and the old Altrucoin, the two previous projects it created. The new platform provides custom staking, presales, token referral, and governance systems for other tokens on the Binance Smart
AAVE has rapidly emerged as one of the most popular platforms in DeFi, enabling crypto users to borrow and lend tokens and earn interest without the need for any middlemen. Instead of using a third-party intermediary, AAVE runs on the Ethereum blockchain and uses smart contracts to manage assets. So
Road Town, British Virgin Islands, 1st March, 2022, Chainwire Hot on the heels of launching its Open Protocol testnet, Hashstack Finance is thrilled to announce the closing of its $1 million seed funding round. The project will use the proceeds to develop the Open Protocol, attract top talent, and
As a Cardano decentralized exchange (DEX), Bashoswap intends to enable the swaps between ADA and other Cardano-based crypto assets. Beri Ardas, a blockchain specialist with years of expertise in the crypto business, founded the company in late 2021. The Bashoswap project is the output of a team of developers and
Cryptocurrencies are gradually becoming mainstream assets in today’s financial market ecosystem. However, the opportunity to make money in this burgeoning niche carries a similar amount of risk. Decentralized Finance (DeFi), in particular, has been notorious for security exploits in the past; according to a report by Cipher Trace, DeFi accounted
The cryptocurrency market experiences wild swings and extreme volatility at unexpected times. This extreme volatility keeps many new investors and risk-averse investors away from this market. A close look at the crypto market in January will further illustrate this point, as the total crypto market cap dropped by as much
