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Fantom, Other DeFi Tokens Shaken as Top DeFi Developer Andre Cronje Quits

Fantom, Other DeFi Tokens Shaken as Top DeFi Developer Andre Cronje Quits

Andre Cronje. Source: a video screenshot, FantomDC / YouTube The well-known decentralized finance (DeFi) developer and creator of Yearn.Finance (YFI), Andre Cronje, has left the DeFi space, one of his closest collaborators has announced on Twitter. The news sent the price of several tokens of protocols Cronje had been involved in into a freefall, but …

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Why supply-chain snarls still entangle the world

Why supply-chain snarls still entangle the world

FATHER CHRISTMAS and the global container-shipping industry have similar objectives, though the timescales differ. Santa’s world-spanning logistics operation aims to deliver presents all in one night. Shipping firms step theirs up around September to ensure that gifts and other seasonal goods join a vast global supply chain. But a system that usually operates unnoticed (and …

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Big business v big labour

Big business v big labour

ASKED WHAT labour wanted, Samuel Gompers, founding president of the American Federation of Labour in the late 1800s, is often quoted as responding: “more”. His actual answer was surprisingly lyrical. “More schoolhouses and less jails…more learning and less vice…more leisure and less greed…more of the opportunities to cultivate our better natures.” His ability to tie …

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Value Locked in Defi Sheds $55 Billion in 2 Months, Ethereum’s Defi Dominance Loses 14%

Value Locked in Defi Sheds $55 Billion in 2 Months, Ethereum’s Defi Dominance Loses 14%

The crypto-economy has been sliding in value during the last 48 hours as the current market valuation for all 13,000+ crypto assets is $1.83 trillion. Furthermore, the total value locked (TVL) in decentralized finance (defi) protocols has slipped below the $200 billion mark to $196.02 billion on Sunday morning (EST). Meanwhile, Ethereum’s dominance is 55.54% …

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