FTM price rebounds 50% as Fantom reveals 30 years runway (without having to sell its token)
The Fantom Foundation’s attempt to dispel concerns about potential FTX exposure has been a success thus far for FTM price. Go to Source Powered by WPeMatico
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NFT Sales Jumped 22% Higher This Month With $568 Million in NFTs Sold Across 20 Blockchains
Non-fungible token (NFT) sales have shown improvement during the last month as 30-day statistics show NFT sales are up 22.37% higher than the month prior. During the last seven days, NFT sales are up 5.13% higher than the week before. Additionally, over the last two days, the floor value of Bored Ape Yacht Club (BAYC) … Read more
Value Locked in Defi at Its Lowest Point Since March 2021, Smart Contract Tokens Shed $22 Billion in 36 Days
Smart contract platform tokens and decentralized finance (defi) protocols have taken a beating since the FTX collapse last week. The market capitalization of all the smart contract platform tokens in existence lost more than $22 billion during the last 36 days. The total value locked (TVL) in defi protocols has dropped to $43 billion, the … Read more
Traders expect 200% upside from MATIC, but does Polygon network data support that?
MATIC’s recent rally and partnerships are turning heads and on-chain activity may hint at further growth. Go to Source Powered by WPeMatico
Fantom Network Launches Automated Smart Contract Audit System Watchdog to Monitor for Bugs
On October 27, the Fantom Foundation announced a collaboration with the security and analysis platform Dedaub in order to bolster Fantom’s decentralized finance (defi) ecosystem. Dedaub’s monitoring system called Watchdog will monitor smart contracts on the Fantom blockchain for exploits and buggy code. Fantom Looks to Curb Defi Exploits With Watchdog Monitoring System The Fantom … Read more
State of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid 67% in 6 Months
During the last 125 days or roughly four months, the total value locked (TVL) in decentralized finance (defi) has been range bound within the $50 billion to $65 billion region. The TVL in defi has shed significant value during the past six months as it dropped from $161 billion on April 1, down more than … Read more
How to stake Fantom (FTM)?
An alternative to Ethereum, Fantom is a layer-1 blockchain on which you can stake Fantom (FTM) to earn passive income with crypto holdings. Go to Source Powered by WPeMatico
Aave devs propose freezing Fantom integration, citing lack of traction and potential vulnerability
The Fantom market on Aave V3 adds just $30 each day to the DeFi protocol’s treasury; developers are also concerned that the integration creates security risks. Go to Source Powered by WPeMatico
Time to accumulate? 5 sectors to watch during crypto winter
Crypto prices have dropped to multiyear lows, raising the question of which assets from which subsectors are ready for accumulation. Go to Source Powered by WPeMatico
DeFi protocols launch stablecoins to lure new users and liquidity, but does it work?
In the wake of UST’s collapse, several DeFi platforms launched their own stablecoins to lasso new users and liquidity but are investors willing to take on the risk in return for 20% APY? Go to Source Powered by WPeMatico
