Yearn Finance founder Andre Cronje has been busy conjuring up new concepts to bring DeFi to the masses, and his latest brainchild is an ecosystem called Eminence, which targets the gaming world. Gaming tokens and economies have been tried before with the likes of Enjin Coin (EJN) and a couple of others. The latest non-fungible...Read More
After failing to reclaim the $11,000 level again, Bitcoin got rejected and dipped below $10,700. Most alternative coins have followed BTC’s move downwards, and the market cap has lost about $6 billion since yesterday. Bitcoin Fails At $11,000 In the past few days, Bitcoin made a few attempts to challenge the coveted $11,000 line but...Read More
With defi frenzy coming to palpable levels, all seemed well until a new project by Andre Cronje went awry. This has resulted in a loss of $15 million in funds, out of which $8 million was sent to Cronje’s yearn deployer account as a “sorry” note. Eminence is/was an unfinished game with an in-game economy...Read More
