“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
Heat
This Singapore tech company says its recycling 90% of waste heat from Bitcoin mining
It takes a lot of energy for miners to verify transactions and mint new blocks on the Bitcoin (BTC) blockchain. According to Statistica, one Bitcoin transaction consumes as much electricity as over 1 million VISA transactions. Moreover, the cryptocurrency's environmental burden increases even more if the energy used for mining stems from fossil fuels.But SAITech, a … [Read more...] about This Singapore tech company says its recycling 90% of waste heat from Bitcoin mining
Australian baseball club Perth Heat to pay athletes in Bitcoin
Australian baseball club Perth Heat has announced a partnership with Bitcoin payment processor OpenNode to accept and make payments in Bitcoin (BTC). The partnership allows Perth Heat to pay professional players and staff in Bitcoin. According to the announcement, the professional sports club will send and receive payments in Bitcoin over the Lightning Network. In addition, the … [Read more...] about Australian baseball club Perth Heat to pay athletes in Bitcoin
‘Curve Wars’ Heat Up: Emergency DAO Invoked After ‘Clear Governance Attack’
The latest salvo in the multibillion-dollar “Curve Wars” might be the most daring yet, and the protocol’s response has revealed deep ideological fissures in the decentralized finance (DeFi) community.Curve.Finance is currently the largest DeFi protocol with $20.8 billion in total value locked (TVL) per CoinGecko. The protocol holds a vital place in the DeFi ecosystem due to its … [Read more...] about ‘Curve Wars’ Heat Up: Emergency DAO Invoked After ‘Clear Governance Attack’
Meme tokens and dogcoins flood the market as price wars heat up
Meme tokens and dogcoins have been an integral part of the ongoing market-wide bull run in the cryptocurrency markets. Among the plethora of these tokens that have been flooding the market, two of these tokens, the longer-standing memecoin Dogecoin (DOGE) and Shiba Inu (SHIB), have gained the most traction and popularity.Most recently, SHIB started rallying on Oct. 23 from … [Read more...] about Meme tokens and dogcoins flood the market as price wars heat up