As Multichain Wobbles, Some Fantom-Based DeFi Projects Flee Bridged Tokens
The actions showcase how Multichain’s faltering infrastructure and AWOL CEO are sending shockwaves through Fantom, the blockchain most heavily dependent on Multichain’s bridges.
Binance, Other Crypto Players Shun Multichain as Bridging Rumors Swirl
With facts hard to come by, a coterie of crypto players are taking action.
Fantom Foundation Removes $2.4M MULTI from SushiSwap Liquidity Pool
Multichain’s current upgrade is taking longer than expected, causing delays in their transactions.
Hector Network Fight Centers on Efficacy of DAO Governance
The Olympus DAO fork is debating whether to tack on some of the hallmarks of a conventional corporation – something critics view as antithetical centralization.
DeFi Project Hector Network Mulls Legal Wrapper to Shield DAO
A legal wrapper proposed by leaders of the Fantom-based protocol would empower employees of Hector and, according to critics, undercut the community.
Fantom Network Adds De.Fi's Security Tools to Bolster Dapp Protection
De.Fi claims to have recorded and analyzed over 12 million issues from 1.15 million contracts in the past two years.
Interest in DeFi Sector Rises Due in Part to Arbitrum Popularity: DappRadar
A new report from DappRadar shows the total value locked in DeFi rounded out the first quarter with over $83 billion, thanks in part to the rise in interest of scaling solutions like Arbitrum, Fantom, and Optimism. That's an increase of nearly 38% from the previous quarter. DappRadar Head of Research and Analytics Pedro Herrera breaks down the details of what happened in the first quarter as jitters swirling around the U.S. banking sector remain.
Bitcoin Holds Steady Near $23K as Investors Weigh Their Next Steps
Ether also traded sideways to change hands at about $1,635. Equities declined.
Fantom Blockchain to Release Version 2 of fUSD Stablecoin
The migration from version 1 will result in liquidations of any positions where fUSD debt is equal to or greater than the FTM backing it.
Fantom Blockchain to Fund Ecosystem Projects Using Portion of Burnt FTM Fees
The fund is aimed at empowering builders on Fantom by offering a decentralized avenue for funding projects, ideas and creations through a community-driven decision process.
