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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 proof-of-stake (PoS) blockchain Axelar launched on Dec. 19 a $60 million startup funding program dedicated to accelerating the development of decentralized applications and protocols that can replace centralized exchanges. The initiative is backed by over 15 blockchain investors.Dubbed Axelar Ecosystem Startup Funding Program, the initiative was designed to foster
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As the DeFi ecosystem tends toward maturity, the combined activities in this unique offshoot of blockchain technology rake in as much as $8.2 billion in fees.The digital currency industry and the Decentralized Finance (DeFi) ecosystem have been embroiled in a hash crypto winter for the better part of 2022. Despite
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The LUXON team has provided a comprehensive analysis of Web3 while also offering an in-depth look at the limitations associated with Web2 in different contexts such as P2E (Play-to-Earn), utility, accessibility, and more. The LUXON project was initiated by key members who have extensive relevant experience in their respective fields
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While Tornado Cash had a website with user-friendly interface, on which, technically, it was possible to implement know your customer/anti-money-laundering (KYC/AML) features (even considering the absurdity of such an idea for a crypto mixer), its smart contracts code is open source. Users can deploy it without going to a specific
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Place/Date: - December 11th, 2022 at 11:26 am UTC · 4 min read Source: Dogeliens Dogeliens is a meme coin in the family of dog tokens. It is both similar and different from meme coins like DOGE and Shiba Inu.To begin with,
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In the previous month, Solana (SOL) has failed to make progress as the token fell victim to the market contagion brought about by the collapse of crypto exchange FTX. As of this writing, all time horizon indicators for Solana’s native token SOL are red. Since succumbing to market contagion, Solana has continued
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The approach by the UK government and parliament to bring sweeping regulations to guide the crypto industry is not negating the overall perception that the technology powering the digital currency ecosystem is unique and futuristic.The United Kingdom (UK) under the leadership of Prime Minister Rishi Sunak is looking at granting
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The FTX contagion that started in the second week of November is still haunting various crypto protocols in the DeFi ecosystem. The latest to fall
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Decentralized finance (DeFi) protocol Trader Joe has announced its very first expansion from Avalanche and onto the Ethereum ecosystem, as part of its plans to access new markets and drive up user activity.The decentralized trading platform announced its “multi-chain” expansion into Ethereum layer-2 scaling solution Arbitrum One on Dec.
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