Latest News

So far, a total of 1.7 million verified members of the Stargate community have voted in favor of the proposal.

Stargate, the LayerZero cross-chain bridge protocol, has presented a comprehensive proposal in response to the recent “force majeure” event affecting Multichain and the resulting concerns over the stability of anyUSDC, Fantom's primary USDC asset. With the aim of mitigating risks and ensuring the integrity of its ecosystem, Stargate has laid out a series of strategic

Today's cryptocurrency market presents Agix, PEPE, Kava, CSPR, Zec, and EOS as the top gainers, making impressive strides despite the volatile market environment. On the other hand, Optimism (OP), TRON (TRX), BitTorrent (BTT), Iota, Fantom (FTM), and Pax Gold (PAXG) have had a challenging day, experiencing market declines.

Here are three top performing cryptos long-term investors should consider on any dips in the crypto market in the months to come.

BeInCrypto looks at the five biggest altcoin losers in the entire crypto market this week, specifically from May 19 to 26.

Fantom (FTM), a high-speed scalable blockchain network, is facing a precarious situation due to its significant exposure to Multichain, its official cross-chain bridge. A substantial portion of the total value locked (TVL) on the Multichain network comes from Fantom, raising concerns regarding the potential impact of recent developments.

Fantom Network, accounting for the highest proportion of Multichain's TVL, has not experienced significant outflow despite the Multichain arrest rumors and lack of communication from the team.

In a recent development, Fantom Foundation, led by Director Andre Cronje, has chosen to withdraw its funds from liquidity pools on the popular decentralized exchange, SushiSwap. This decision comes in response to the ongoing uncertainty surrounding the Multichain protocol.

A rug-pull kind of incident at the Multichain protocol has sent shockwaves across the crypto market. A staggering $1.8 billion in multichain wallets have been locked and rumors have it that the Chinese authorities have arrested Multichain team members with law enforcement taking control over the wallets.

Rumors of the arrest of the Multichain team have sent shockwaves throughout the Fantom ecosystem. Despite trading volumes of $129 million, the fear, uncertainty, and doubt (FUD) have resulted in a 5x increase in daily bridging volumes.

Multichain has issued 35% of Fantom's assets, including 80% of its total stablecoin market cap, according to research firm Thanefield Capital.

Fantom Foundation Director Andre Cronje said it stopped providing liquidity with its MULTI tokens because of the uncertainty around Multichain.

Let's start with Fantom, which among the two projects was the one that lost the most, specifically in 30 days it lost 18.30% of its value, bringing the value of FTM to $0.33.

Three large crypto entities have taken action in response to the delays and concerns around the cross-chain protocol Multichain.

The Fantom Foundation – the team developing the Fantom blockchain – removed millions of dollars in liquidity from a trading pool for the native token of Multichain on Wednesday, compounding concerns over the cross-chain bridging protocol's stability.

Columbia University's unit dedicated to distributed ledger technology, "Blockchain at Columbia," has put forward a proposal to deploy the popular decentralized exchange platform, Uniswap, on the Fantom blockchain. The proposition, which emerged in collaboration with the Fantom and Axelar teams, aims to capitalize on the recent expiration of Uniswap's Business Source License (BSL) and expand its market reach across different ecosystems.

A proposal to launch Uniswap's third generation DEX or V3 on Fantom's blockchain is currently undergoing a “temperature check” governance vote.The proposal highlighted a market opportunity that could pull in $30-40 million in weekly trading volume while onboarding a scalable network with low transaction fees for usersFantom seems next in line of EVM chains eyed by the leading decentralized exchange after expanding to BNB Chain, DeFi's second-largest ecosystem by TVL. The Uniswap DAO is currently considering launching the third iteration of its decentralized exchange protocol on Fantom, a layer 1 blockchain with a proof of stake (PoS) consensus model and Ethereum Virtual Machine-compatibility (EVM).

Fantom (FTM) is a blockchain project that has gained attention in the crypto space for its unique features and potential. Despite a recent dip in key metrics such as Total Value Locked (TVL), the project has something special that many believe is worth attention.

Here are three high-growth cryptos for aggressive investors looking to gain exposure to the cryptocurrency space right now.

Fantom (FTM) has been on a bearish movement since April 19, 2023, resulting in a loss of about 30%. The price decline contributed to the negative market sentiment around the asset, making it hard for any possible retracement.

Bakkt is cutting support for 25 digital assets. These include DeFi tokens like UNI and AAVE as well as popular coins like ENJ and XLM.

The crypto market sell-off continues.

Cryptos are likely to become much more attractive as Fed-induced volatility rises over the coming weeks following the latest rate hike.

Our crypto trend analysis continues. Today we analyse the prices and news of Theta Network (THETA), Fantom (FTM) and Green Satoshi Token (GST).