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Fantom's co-founder Andre Cronje classified Multichain's debacle as a "big blow" to the smart contract platform, which saw a sharp decline in activity in the past weeks as a result of Multichain's problems. According to data from DefiLlama, Fantom's total value locked (TVL) dropped from over $364 million in early May
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According to a new Medium post published on Dec. 26, decentralized finance (DeFi) architect Andre Cronje reaffirmed goals and priorities for the Fantom (FTM) ecosystem in 2023. Cronje, who previously created protocols such as Yearn Finance and Keep3rV1, also revealed that he accepted a position as a board of directors
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The 69th largest cryptocurrency by market capitalization, Fantom (FTM), has shown relative strength over the past seven days, rising 29%. Over the past 24 hours, it even stands at a gain of 10%. Today’s surge comes after DeFi star programmer Andre Cronje published a Medium post about the “crypto company” Fantom,
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The mercurial “Godfather of DeFi” is now pivoting to compliant crypto after abruptly quitting decentralized finance in early March. Source
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Andre Cronje, former Fantom Foundation technical adviser and Yearn.finance founder, resurfaced on Monday via Medium after announcing his departure from the DeFi and crypto space last month. In a post titled "The rise and fall of crypto culture," Cronje expressed his lamentations of crypto culture as he called for increased
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Recently, media outlet Rekt.news made striking accusations about Fantom Opera, a layer-2 Ethereum scaling solution, after the foundation’s technical adviser Andre Cronje and senior solutions architect Anton Nell announced they were leaving the crypto space entirely. Almost immediately, concerns from the community arose after Nell tweeted, “There are around ~25 apps and services
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The decentralized finance (DeFi) ecosystem had quite an eventful week with several new developments and price action. The week started with DeFi “Godfather” Andre Cronje announcing his departure from most of his projects, leading to a massive drop in prices of projects that Cronje was associated with.CAKE DeFi launched a
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DeFi architect, Fantom Foundation technical advisor, and Yearn Finance founder Andre Cronje has left the decentralized finance (DeFi) space reeling after deactivating his Twitter account.Cronje’s long-time colleague at the Fantom Foundation Anton Nell stated in a Mar. 6 tweet that both he and Cronje were leaving the crypto space entirely.
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Likewise, the tokens of much of the Fantom ecosystem are drastically lower today. Spookyswap (BOO) is down 19%, LiquidDriver (LQDR) 17%, Tomb 22% (TOMB), and Geist Finance (GEIST) 15%, despite the fact that Cronje was not known to be significantly involved in any of their development. Original Source
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Andre Cronje is the architect behind decentralized finance giant Yearn. Introduced in 2020, with a “fair launch” said to have helped ignite that year’s “DeFi Summer,” Yearn continues to break new ground. This year saw mergers and acquisitions of protocols by other protocols become somewhat routine, with Yearn doing much
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