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Coinbase, MicroStrategy Stocks Tank Alongside Crypto Market

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media,...

Bitcoin, Ethereum Aim to Rebound From Brutal Downturn

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media,...

Microsoft Restricts Excel 4.0 Macros by Default

Microsoft has announced improved security for the users of its flagship Office productivity suite, courtesy of Excel 4.0 (XLM) macros now being restricted by default.

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Coinify Offers Zero Fees on Crypto Purchases Via PrimeXBT Partnership

Coinify has the market cornered in terms of being an all-in-one payment gateway and platform to buy and sell crypto with only a few clicks.

Facebook Trumpets Massive New Supercomputer

Facebook's parent company Meta announced on Monday it was launching one of the world's most powerful supercomputers to boost its capacity to process data, despite persistent disputes over privacy and disinformation.

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Why Total Value Locked on Fantom is Rising So Fast?

Why Total value locked on Fantom is rising?

January has not been very good for crypto markets, bitcoin fell  24 percent this month while the Total market cap of the crypto market fell by 27 percent. On every blockchain, users are selling their assets. Total value locked (TVL ) on every blockchain has decreased except Fantom. Fantom has crossed Solana, Avalanche, and BSC in terms of TVL. Fantom reached Top 3 in total value locked per chain on @DefiLlama! pic.twitter.com/aJ32eenM0s — Fantom Foundation (@FantomFDN) January 23, 2022   So What’s the Reason Behind users’ Wide Interest in Fantom in Recent Days? Andre Cronje, Founder of Yearn. finance, and Daniele Sestagalli, Founder of Abracadabra, Wonderland. Money and Popsicle.finance is launching a project on Fantom called Solidly (also known as SoildSwap). It allows low-cost, near 0 slippage trades on uncorrelated or tightly correlated assets.  They will be airdropping NFT’s containing the $ROCK tokens. A snapshot has been taken off the top 20 protocols on Fantom by TVL on DefiLlama on 23 January at 7 pm. These 20 protocols will receive NFT’s containing $ROCK tokens. These $ROCK tokens will give voting power and control over SolidSwap. After airdrop, it will be up to the protocols, how they would like to use these tokens. Solid Swap will behave more like an exchange for protocols rather than an exchange for individuals due to its unique tokenomics model called Ve(3,3). Features of this tokenomics model are users who lock their tokens for the most time, will get more voting power, it will follow staking rebasing mechanics like Olympus protocol. The launch of this new innovative DeFi protocol and to receive its tokens in airdrop was the main reason, we saw all protocols on fantom fighting with each other to increase their TVL so that they can be eligible to receive the airdrop. Billions of assets were transferred from other chains to fantom. Protocols on Fantom provide various incentives to its users so that they deposit their assets on their protocol. Thanks to the launch of this DeFi protocol, many users used fantom for the first time and got to know about fast transactions and the low fees of Fantom blockchain. Future will tell how these top 20 protocols will utilize these airdrop tokens($ROCK) and whether SolidSwap with its unique tokenomics model will succeed or not.

The post Why Total Value Locked on Fantom is Rising So Fast? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Will FTM, EGLD, ROSE, And GLMR Be The Alts For A 5X Meteoric Rise In The Bull Run?

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The post Will FTM, EGLD, ROSE, And GLMR Be The Alts For A 5X Meteoric Rise In The Bull Run? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The crypto town is now in turmoil over the plan of action, while the business remains in a quagmire. The recent market crash and the uncertainty of the near future have left merchants wondering about their trade practices. Whilst novices and smaller players have changed hands with the whales, older hands are considering buying assets …

HyperDex DeFi Review — Bringing Proven Investment Strategies to the Masses

HyperDex DeFi ReviewIntroduction Decentralized finance (DeFi) started gaining traction in 2020 and has since amassed over $240 billion in market capitalization. DeFi ...

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CWP Flaws That Expose Servers to Remote Attacks Possibly Exploited in the Wild

Researchers discovered that the Control Web Panel (CWP) web hosting panel is affected by two serious vulnerabilities that can allow attackers to remotely hack servers, and it’s possible that they may have already been exploited in the wild.

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Blockchain-enabled digital fashion creates new business models for brands

A “digital-first” model is disrupting the fashion sector, as blockchain technology shows advanced capabilities in Web3 e-commerce and sustainability.

M-Coin Unveils Plans for IEO on Coinsbit



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El Salvador Is Now Over 31% Down on Its Bitcoin Bet

Key Takeaways El Salvador's Bitcoin investment has been hit hard due to the recent market crash. The country's Bitcoin reserves have suffered a 31% paper...

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