Fantom News

Changes on Cronje's verified Twitter account and LinkedIn account has sparked rumors that he is back in the industry.

Deus' team might have contributed to the decline as the developers had halted a mechanism that allowed investors to exchange their DEI for other tokens.

Scream had hardcoded the value of these affected stablecoins, Fantom USD (fUSD) and DEI to $1, meaning their decline didn’t reflect on its platform.

Andre Cronje’s announcement of his departure from crypto and DeFi have floated rumors of various projects' demise, causing several associated tokens to drop. In an official statement, Fantom Foundation clarifies Cronje’s influence and participation in crypto projects.

Prolific crypto developer Andre Cronje will be leaving the DeFi space along with co-developer Anton Nell. Both have been behind several projects, including popular apps on Fantom network and Yearn Finance.

Can Fantom continue its growth, even now it ranks 2nd largest public chain?

Inspired by Curve Finance and Olympus, Andre Cronje and Daniele Sestagalli is building a DEX that merges the mechanics of these two protocols on Fantom.

Fantom has usurped Binance Smart Chain and is now the third largest DeFi chain, with the rise of its TVL.