Category: Cryptocurrency News

submitted by /u/Idgaf115599 [link] [comments]

Want more free crypto in your life? Of course you do! Its free and many airdrops are worth several thousand dollars today! You can qualify to receive most airdrops for doing nothing other than holding staked coins in your crypto wallet! The primary coin that qualifies for airdrops on Cosmos is the ATOM coin. It…
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I am not complaining but I'm wondering if I missed some news. ​ Thanks. https://preview.redd.it/vi3pglj5tsl81.png?width=660&format=png&auto=webp&s=eec13a9230500ccc8b1eb2164afa39968889d854 submitted by /u/Clownier [link] [comments]

I locked $500 of CREAM into the 1year lockup over a year ago.To claim directly and remove it’s about 1/4 the price of the lockup amount. Is there any way to do this without paying a ridiculous fee? Any way to do this on layer 2 sites? submitted by /u/Dizzy-Hall2572 [link] [comments]

I'm studying about L2 solutions and came up with Plasma chains, which as far as I understand it join together a bunch of transactions made off-chain to be stored on-chain on Ethereum mainnet. So I'm curios to see what looks like a transaction like that, sending a lot of transactions at once, curious to see…
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Stablecoins have the possibility to become a promising alternative system amid global inflation, but they must be auditable to remain stable.

Following a week-long winning streak, ANC finally fell on Sunday, as crypto bears finally entered the fray. Despite this, WAVES managed to maintain recent highs, and has now climbed close to 60% in the last week. Anchor protocol (ANC) Following a streak of fresh record highs from Wednesday to Saturday, Sunday saw anchor protocol (ANC) […]

Yearn Finance (YFI) has plunged rapidly following the surprise exit of its key players. The cryptocurrency which had been following the market trend had broken off the step with the rest of the space as the news sent ripples through the community. The plunge which occurred on Sunday came as a direct result of uncertainty spread across the community after Anton Nell announced that he, alongside Andre Conje, would be exiting the space. Nell had taken to Twitter to post the shocking exit. According to him, he and Conje had been planning their exit for a while and would officially stop contributing to the crypto and decentralized finance (DeFi) space. Related Reading | Bitcoin Activity Soars Post SWIFT Ban On Russia, BTC At Do Or Die Spot? Conje had played an important role throughout the existence of the Fantom blockchain. The developer had pioneered various important projects like Yearn Finance (YFI), Keep3r Network, Multichain, Chainlist, among others, all of which have been highly successful and very popular with crypto investors. With the move, Nell announced that they would eventually terminate around 25 apps and services that they currently offer on Fantom. Nell provided further explanation for the move, explaining that “Unlike previous “building in defi sucks” rage quits, this is not a knee-jerk reaction to the hate received from releasing a project, but a decision that has been coming for a while now.” Yearn Finance Takes The Hit The impact of this decision was quickly felt across the space. Most notably was its impact on the prices of the protocols that these devs worked on. Yearn Finance which is arguably the most successful project of the lot quickly tumbled as news of the exit circulated. In the early hours of Sunday, YFI dropped 13% from its spot above $20,000 to the low $17K. The drop in price was quick and sharp, responding to the news. A small recovery had followed that saw YFI crawl back up into the $18K price level but there has not been much uptick in the way of momentum, suggesting that the current downtrend might continue as the day unfolds. Yearn Finance will continue to operate as always, just without the contributions of Conje or Nell going forward. YFI plunges 13% following news of Conje’s exit | Source: YFIUSD on TradingView.com Fantom Foundation Responds Andre Conje’s exit from the crypto and decentralized finance space no doubt has some implications for a network like Fantom. Thus, the response from the Fantom Foundation was swift. Related Reading | Bitcoin Falls Back To $38,000 As Russia Steps Up Bombardment Of Ukraine The foundation acknowledged the role that Conje had played in the space and the influence he had but explained that it does not impact the development in any way. Fantom Foundation noted that Conje was not a core dev, so development will continue in his absence. The team effort is what allowed Fantom to become one of the most utilized and loved decentralized networks in world. Hundreds of developers build on Fantom daily and 100k+ unique address use Fantom every day. Contrary to some popular belief, Andre wasn't a core dev at Fantom. — Fantom Foundation (@FantomFDN) March 6, 2022 The network’s native token FTM had also taken a hit in its price following the news. FTM had seen its value crash from above $1.5 coming into the last lap of the weekend to $1.4 in a matter of hours. However, the token has held up nicely through the aftermath and continues to trend upwards. Featured image from FX Empire, chart from TradingView.com