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ETH 3,692.83 (+20.47%) -
ARS 1,139.00 (+2.65%) -
SOL 187.81 (+11.17%) -
PEPE <0.01 (+24.37%) -
DOGE 0.17 (+12.44%) -
WIF 2.87 (+14.05%) -
XRP 0.54 (+6.58%) -
GALA 0.04 (+1.98%) -
BONK <0.01 (+28.41%) -
RUNE 7.30 (+11.24%) -
NEAR 8.31 (+7.69%) -
ENA 0.88 (+24.01%) -
FTM 0.91 (+7.94%) -
LINK 17.40 (+5.77%) -
AVAX 40.84 (+15.17%) -
BOME 0.01 (+14.22%) -
RNDR 10.94 (+9.53%) -
FLOKI <0.01 (+12.49%) -
PENDLE 6.05 (+25.90%) -
ETHFI 4.02 (+24.29%) -
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PYTH 0.47 (+28.58%) -
ETC 32.44 (+17.37%) -
ADA 0.51 (+9.48%) -
WLD 5.14 (+10.24%) -
ORDI 44.18 (+11.01%) -
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Fantom DEX rescued at eleventh hour following planned shutdown
Published: 2023-08-16
Main topics in the article:
1. Fantom DEX shutdown
2. Rescue operation
3. Implications for the cryptocurrency community
1. Fantom DEX shutdown: The article discloses that there was a planned shutdown of the Fantom DEX (decentralized exchange). The reason behind this decision is not explicitly mentioned,but it is evident that it would have had significant consequences for the users and the overall functioning of the platform. The shutdown of a prominent DEX like Fantom would have adversely affected the cryptocurrency ecosystem,potentially leading to economic losses and a setback for the decentralized finance (DeFi) sector.
2. Rescue operation: Fortunately,the article highlights that a rescue operation took place just in the nick of time to prevent the shutdown of Fantom DEX. While the specifics of the rescue are not provided,it can be inferred that swift actions were taken behind the scenes by the project team or relevant stakeholders to address the situation. This timely intervention has ensured the continuity of operations for Fantom DEX,thereby safeguarding the interests of its users and maintaining market confidence.
3. Implications for the cryptocurrency community: The article briefly touches upon the potential implications of the planned shutdown and subsequent rescue operation on the broader cryptocurrency community. Given the significance of Fantom DEX in the DeFi space,a sudden shutdown would have raised concerns and questions about the reliability and stability of decentralized exchanges. The successful rescue operation can be seen as a positive sign,indicating the commitment of the industry to address and resolve issues swiftly. The incident further emphasizes the importance of proactive measures to overcome challenges in the rapidly evolving crypto landscape,in order to maintain public trust and promote widespread adoption of blockchain technology. In conclusion,the three main topics from the article are:
1. Fantom DEX shutdown,2. Rescue operation,and
3. Implications for the cryptocurrency community.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | BTC |
71,406.00 | 3,674,261,473.53 |
| 2 | ETH |
3,692.83 | 2,971,962,398.65 |
| 3 | ARS |
1,139.00 | 2,040,450,369.80 |
| 4 | SOL |
187.81 | 1,041,890,723.61 |
| 5 | PEPE |
<0.01 | 573,085,010.58 |
| 6 | DOGE |
0.17 | 255,881,240.81 |
| 7 | WIF |
2.87 | 250,488,840.77 |
| 8 | XRP |
0.54 | 222,112,948.57 |
| 9 | GALA |
0.04 | 174,558,123.39 |
| 10 | BONK |
<0.01 | 171,154,733.77 |
| 11 | RUNE |
7.30 | 164,603,866.46 |
| 12 | NEAR |
8.31 | 136,382,658.15 |
| 13 | ENA |
0.88 | 130,586,969.62 |
| 14 | FTM |
0.91 | 119,954,734.13 |
| 15 | LINK |
17.40 | 113,466,917.83 |
| 16 | AVAX |
40.84 | 111,993,623.52 |
| 17 | BOME |
0.01 | 111,527,818.23 |
| 18 | RNDR |
10.94 | 100,679,367.81 |
| 19 | FLOKI |
<0.01 | 85,605,220.45 |
| 20 | PENDLE |
6.05 | 85,366,769.23 |
| 21 | ETHFI |
4.02 | 82,697,530.72 |
| 22 | OP |
2.93 | 80,147,487.00 |
| 23 | PYTH |
0.47 | 77,217,985.91 |
| 24 | ETC |
32.44 | 76,333,104.15 |
| 25 | ADA |
0.51 | 76,314,316.63 |
| 26 | WLD |
5.14 | 74,540,358.75 |
| 27 | ORDI |
44.18 | 66,474,289.76 |
| 28 | FIL |
6.35 | 66,176,196.38 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 |  REZ |
0.14 | +32.13 |
| 2 |  METIS |
77.85 | +31.75 |
| 3 | PYTH |
0.47 | +28.58 |
| 4 | BONK |
<0.01 | +28.41 |
| 5 | PENDLE |
6.05 | +25.90 |
| 6 | PEPE |
<0.01 | +24.37 |
| 7 | ETHFI |
4.02 | +24.29 |
| 8 | ENA |
0.88 | +24.01 |
| 9 |  ENS |
17.58 | +23.46 |
| 10 |  LDO |
2.11 | +23.26 |
| 11 |  UNI |
9.35 | +22.16 |
| 12 |  GNO |
355.30 | +20.81 |
| 13 |  BEAMX |
0.03 | +20.75 |
| 14 | ETH |
3,692.83 | +20.47 |
| 15 |  WBETH |
3,825.64 | +20.16 |
| 16 | OP |
2.93 | +20.05 |
| 17 |  GMX |
34.23 | +19.14 |
| 18 |  AUCTION |
16.12 | +19.14 |
| 19 |  SKL |
0.08 | +18.77 |
| 20 |  STRK |
1.24 | +18.60 |
| 21 |  INJ |
28.28 | +17.83 |
| 22 |  REN |
0.07 | +17.68 |
| 23 |  MANTA |
1.68 | +17.59 |
| 24 |  MAV |
0.41 | +17.55 |
| 25 |  WNXM |
78.59 | +17.46 |
| 26 |  AAVE |
99.63 | +17.38 |
| 27 | ETC |
32.44 | +17.37 |
| 28 |  SNX |
2.99 | +17.30 |
| 29 |  MAGIC |
0.78 | +17.25 |
| 30 |  ILV |
94.17 | +16.74 |
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US news that has a significant impact on the market
| at | news | day | date | time |
|---|---|---|---|---|
| 1 | FOMC Member Mester Speaks | Monday | 20-05-2024 | 19:00 |
| 2 | Treasury Sec Yellen Speaks | Tuesday | 21-05-2024 | 09:00 |
| 3 | FOMC Member Waller Speaks | Tuesday | 21-05-2024 | 14:00 |
| 4 | FOMC Member Barkin Speaks | Tuesday | 21-05-2024 | 14:00 |
| 5 | FOMC Member Williams Speaks | Tuesday | 21-05-2024 | 14:05 |
| 6 | FOMC Member Bostic Speaks | Tuesday | 21-05-2024 | 14:10 |
| 7 | FOMC Member Barr Speaks | Tuesday | 21-05-2024 | 16:45 |
| 8 | FOMC Member Mester Speaks | Wednesday | 22-05-2024 | 00:00 |
| 9 | Existing Home Sales | Wednesday | 22-05-2024 | 15:00 |
| 10 | Crude Oil Inventories | Wednesday | 22-05-2024 | 15:30 |
| 11 | FOMC Meeting Minutes | Wednesday | 22-05-2024 | 19:00 |
| 12 | Unemployment Claims | Thursday | 23-05-2024 | 13:30 |
| 13 | Flash Manufacturing PMI | Thursday | 23-05-2024 | 14:45 |
| 14 | Flash Services PMI | Thursday | 23-05-2024 | 14:45 |
| 15 | New Home Sales | Thursday | 23-05-2024 | 15:00 |
| 16 | Natural Gas Storage | Thursday | 23-05-2024 | 15:30 |
| 17 | FOMC Member Bostic Speaks | Thursday | 23-05-2024 | 20:00 |
| 18 | Core Durable Goods Orders m/m | Friday | 24-05-2024 | 13:30 |
| 19 | Durable Goods Orders m/m | Friday | 24-05-2024 | 13:30 |
| 20 | FOMC Member Waller Speaks | Friday | 24-05-2024 | 14:35 |
| 21 | Revised UoM Consumer Sentiment | Friday | 24-05-2024 | 15:00 |
| 22 | Revised UoM Inflation Expectations | Friday | 24-05-2024 | 15:00 |
