Harmony enjoyed much of its hype in the past month with the rise of DeFi Kingdom, an integrated game, exchange, and non-fungible token (NFT) project that’s locked over $740 million worth of its native token, JEWEL, and other assets since its launch. Source link … [Read more...] about Fantom, Harmony Lead Gains in Major Cryptos as DeFi Narrative Heats Up
Fantom
Fantom Transactions Surge Ahead of Avalanche as DeFi Prospects Heat Up
“Hundred Finance is a new project on Fantom that has recently received a lot of attention, and it is leveraging the now-popular ve-token model with high stablecoin yields of up to 30% APY. This, in turn, generated a lot of hype and speculation, as evidenced by Fantom surpassing Avalanche in daily transaction count,” he added. Source link … [Read more...] about Fantom Transactions Surge Ahead of Avalanche as DeFi Prospects Heat Up
Fantom (FTM) Surges, NEAR Sets Highs as Major Cryptos Stagnate
Native tokens of the Fantom and Near blockchains surged as much as 20% in the past 24 hours amid a continuing trend of investors betting on the growth of layer 1 protocols. The NEAR token hit a new all-time high of $17.48 before a brief sell-off at the time of writing.The moves defied stagnation in the price movements of major cryptocurrencies, such as bitcoin and ether, which … [Read more...] about Fantom (FTM) Surges, NEAR Sets Highs as Major Cryptos Stagnate
Fantom DeFi Project Grim Finance Exploited for $30M
“We inform you that our platform was exploited today by an external attacker roughly 6 hours ago. The attackers address has been identified with over 30 million dollars worth of theft here,” the project’s developers tweeted on Sunday morning. “The exploit was found in the vault contract so all of the vaults and deposited funds are currently at risk,” they said in a separate … [Read more...] about Fantom DeFi Project Grim Finance Exploited for $30M
Fantom price gains 100% after launching a 370M FTM incentive program
The Ethereum (ETH) network continues to enjoy the status of being the top smart contract platform in the blockchain industry, but the competition is slowly gaining market share because high costs and network congestion are still challenges for the protocol. One project that has been gaining traction in the month of August is Fantom (FTM), a layer-one smart contract platform … [Read more...] about Fantom price gains 100% after launching a 370M FTM incentive program