Fantom ecosystem tokens tumble as legendary DeFi builder Andre Cronje is leaving

    Prominent developer Andre Cronje has quit the DeFi sector, according to an announcement today by his colleague Anton Nell, a senior solutions architect at the Fantom Foundation, who’s joining him in that decision without citing a reason. The price of YFI and other tokens where Cronje was involved plunged after reports of him leaving the…

    What is Solana, and how does it work?

    Solana’s ambitious design aims to solve the blockchain trilemma; however, it still suffers from various drawbacks such as its vulnerability to centralization. What is Solana? Solana is a highly functional open source project that implements a new, permissionless and high-speed layer-1 blockchain. Created in 2017 by Anatoly Yakovenko, a former executive at Qualcomm, Solana aims…

    Top 5 cryptocurrencies to watch this week: BTC, XRP, NEAR, XMR, WAVES

    If BTC can flip $41,000 back to support, XRP, NEAR, XMR and WAVES could attract buyers. Bitcoin (BTC) plunged below $40,000 on March 4 and has been trading below the level throughout the weekend. Although the crypto price action has been volatile in the past few days, Glassnode data shows that institutional investors have been gradually…

    Russian artist sells her burning passport NFT amid crypto donations pouring into Ukraine

    NFT artist Olive Allen said by publicly burning her Russian passport, protesting the current government. Allen said she will use funds from the sale to donate to Save the Children, an organization aimed at helping children around the world. Olive Allen, a Russian national and artist who has lived in the USA for more than…

    The pandemic accelerates the shift toward blockchain and the creator economy

    The global pandemic changed everything for creators: The stay-at-home orders accelerated the shift toward blockchain and Web3 advancement, writes Doug Petkanics, a co-founder at Livepeer, where the team is building a decentralized live video broadcast platform to enable the next generation of video streaming. After two years and many COVID-19 restrictions finally subsiding, the world…

    Digitizing the real estate sector in the UAE

    Technological innovations in digital assets, blockchain, and NFTs are expected to transform the real estate assets in the MENA region making them more liquid, digital, and accessible for people who are unable to access them due to high capital costs, complicated transaction processes, and restricted deals. According to GB Invest February 2022 edition, the global…