Despite Yam’s first post-relaunch rebase executing successfully, its developers are planning many more changes to the protocol.
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Andreas Antonopoulos: Hex Team Offered Me 10 BTC to Speak Well of Their Token
Andreas Antonopoulos says he was offered 10 BTC for an interview with the objective to show that Hex is not a scam. The alleged offer comes as Hex proponents battle persistent Ponzi allegations. Antonopolous, an influential cryptocurrency advocate, also reveals the offer was on condition he does not disclose this inducement. Hex is an ERC20 […]
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Defi Implosion: YAM Token Market Cap Plummets to Near Zero After Founder Claims He ‘Failed’
Yield farmers excited about the recent decentralized finance (defi) project, Yam Finance, got a rude awakening after the token’s value plummeted in value to near zero. Yam Finance developers discovered a major flaw in the rebasing contract and at 4 a.m. ET, cofounder Brock Elmore tweeted that he was sorry he “failed.” On Wednesday, well […]
The post Defi Implosion: YAM Token Market Cap Plummets to Near Zero After Founder Claims He ‘Failed’ appeared first on Bitcoin News.
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Defi Project Yam Finance Sees Over $500M Locked in 24 Hours, Devs Reveal Contract Bug
A new yield farming project is all the rage this week, as the Yam Finance project saw over $460 million dollars locked into the platform in 17 hours on Tuesday. On social media and crypto-focused forums, people have been very skeptical of the Yam Finance project as the code has not been audited. On Wednesday […]
The post Defi Project Yam Finance Sees Over $500M Locked in 24 Hours, Devs Reveal Contract Bug appeared first on Bitcoin News.
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