Fantom DEX rescued at eleventh hour following planned shutdown
SpiritSwap previously had its entire treasury drained due to the ongoing Multichain exploit.
SpiritSwap previously had its entire treasury drained due to the ongoing Multichain exploit.
Over $1.5 billion of users' and enterprises' assets were held on Multichain prior to the arrest of its CEO Zhaojun He.
Fantom's TVL dropped from over $364 million in early May to about $70 million on July 14. At its peak in 2022, Fantom's TVL topped $7.5 billion.
The $29 million TVL lending platform is shutting down because its oracles are misreporting Multichain token values after the exploit.
Developers will get a 15% cut of the fees they generate, but only if their app has done more than 125,000 transactions and has existed for three months.
The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped…
According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble…
On Wednesday, the multichain wallet Bitkeep announced it raised $30 million from the crypto derivatives platform Bitget. Bitkeep now has an overall valuation of $300 million, with goals aimed at…
Despite similar price action, Fantom and Optimism ecosystems are moving in opposite directions and this is reflected in each token’s price.
Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first…