DeFi

A new DeFi project presents an opportunity for investors to become early adopters and reap the rewards of taking such a risk. On the other hand, things can go sideways and an exploit can quickly put an end to any tender hopes and dreams. Now, as a section of the Fantom community struggles to getContinue reading “All there is to know about ‘spooked’ Fantasm Finance, XFTM’s 98% drop”

Last year, Loopring made headlines for its unanticipated rally on the price charts. While that was once considered to be the beginning of a sustained hike, the altcoin soon fell victim to the prevalent market bearishness.  Even today, five months later, Loopring is still attempting to revive that rally. And yet, it is sadly failingContinue reading “New NFT campaign, but is it the same old Loopring again”

Both Decentraland and  The Sandbox have been pushing the Metaverse to the general public. Alas, owing to present market conditions, their plans do not seem to be working. For its part however, Decentraland does not seem to want to back down. Its latest effort to push Metaverse to the mainstream audience may just be proofContinue reading “Could Decentraland’s ‘phygital’ move be the catalyst for MANA, LAND sales”

Along with the rest of the cryptocurrencies, the exchanges also suffered the ‘dip’.Despite massive popularity, Decentralized Exchanges weren’t alien to the same. Even so, Uniswap managed to maintain its position as the biggest DEX and further cemented it. King DEX – Uniswap Since November began, the daily and weekly traded volume on Decentralized exchanges tookContinue reading “The evidence in favor of Uniswap’s 78.5% domination of DEX market”

Anchor has been one of the fastest-growing Decentralized Finance protocols in the crypto space. In less than a year, dApp has managed to attract a large number of investors. Consequently, the total value locked in it has increased by 1,851%. Now, it is competing to be the biggest lending protocol, fuelled by one simple tacticContinue reading “Anchor is now making its APY ‘Dynamic;’ would it see ANC invalidate all its losses”

A tidal wave of panic washed over the DeFi community when Andre Cronje, technical advisor at the Fantom Foundation, and Anton Nell, senior solutions architect at the Fantom Foundation, announced via a tweet that they were leaving crypto and DeFi. Nell also stated that around 25 apps and services would be deleted in April 2022, leadingContinue reading “How FUD affected Fantom, Yearn, and Solidly after Cronje and Nell’s exit”

Continuing its streak of losses, AAVE fell by another 18% in the first week of March. It also lost the critical support of $122. Consequently, AAVE, at press time, was at a new 13-month low. At the time of writing, it was trading at $119. AAVE bamboozles investors On 5 March, AAVE managed to saveContinue reading “Expanding on AAVE investors’ return to this particular trend”

In the crypto industry, where personalities reign supreme, hirings and firings are a huge deal. As of press time, several crypto and DeFi communities were dealt a shocking blow when two major players announced that they were stepping out of the game – possibly for good. Sing, my angel of DeFi! The Fantom, Yearn, andContinue reading “All the lowdown on the FUD around FTM, YFI after Cronje’s exit”

Axie Infinity brought GameFi and NFTs to prominence with its play-to-earn model. Ergo, it is not surprising that to date, it stands to be the most sought-after NFT. Alas, in a market where NFTs are becoming the next big thing, can Axie continue to keep its crown? Axie Infinity is still at #1 According toContinue reading “Axie Infinity: In demand, yes, but is it delivering well enough”