Will Tron Be Able To Replace Terra On DeFi?
Tron (TRX) token seems to not be swayed by the wind of the market when it gained over 20% to become the top gainer among major cryptocurrencies in May. The blockchain appears to be one of the few technologies that survived last week’s big market crisis. The TRX token has increased by 20% in the […]
Here’s How Terra’s UST Drives A 20% Drop In DeFi Token Curve (CRV)
DeFi Giant’s native token Curve (CRV) plummeted 20% as the platform proposes dropping support for UST on Thursday. CRV has dropped to $0.9, its lowest level in 16 months. Having rebounded slightly, it is presently trading at $1.10. The token’s losses occurred shortly after Curve proposed discarding incentives for maintaining Terra’s UST liquidity pools. The […]
Fantom Blockchain Suffers Another Massive DeFi Hack
The Fantom Blockchain has succumbed to yet another hack which caused the native token FTM to fall by 15% in 24 hours The Fantom blockchain has been hacked yet again causing its native coin, FTM, to fall in value. The platform’s native token, FTM, is currently trading at $0.334, following a dramatic 15% decline in […]
Aurora Raises $90 Million Fund To Finance DeFi Apps On Near Protocol
Aurora, a Near protocol EVM scaling mechanism, has teamed up with Proximity Labs to raise $90 million in a token fund to attract new developers. Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (DApps ) built on the Near protocol, has launched a $90 million token fund. The fund, which was launched […]
dYdX launches beta version iOS app
dYdX, a crypto derivatives trading platform, has published an iOS app that will provide smartphones with the same functions as on the website. dYdX’s app is now available for use, according to a May 10 announcement, with the project adding that more than 200,000 people had already signed up for the beta before the public […]