IntoTheBlock launches DeFi Insights tool for crypto traders and investors
The rise of decentralized finance (DeFi) has been buoyed on trends like non-custodian lending, automated market making, and yield farming, which together, have opened newer possibilities for users to spend and use their cryptocurrency holdings, while even earning attractive interest rates.However, the market remains...
A first look at the projects competing for Cardano’s Fund2
The second-ever Cardano fund is in full effect, with three of the dozens of projects now competing for a part of the 2 million ADA fund presented on the Cardano Effect podcast. We take a look at the proposals, which range from e-commerce payment...
Blockchain at the center of Korean island’s $5 billion development plan
Won Hee-ryong, the governor of Korea’s Jeju island, has announced a $5 billion government investment plan focused on developing blockchain and IoT technologies. According to a report from BlockMedia, the plan will focus on solving various public welfare problems the province faces and expected...
How Voltaire will bring accountability to funding on Cardano
In his latest YouTube video, Charles Hoskinson, the CEO of IOHK, explained the lengthy process behind ensuring accountability to funding on Cardano. Voltaire, the blockchain’s governance era, will eventually evolve Cardano into one of the best innovation management platforms on the market, with tens,...
Leading Ethereum dex Curve begins dabbling in layer-two solutions
Ethereum transaction fees have dropped dramatically since the summer highs when gas cost upwards of 1,000 Gwei. According to GasNow, the average Ethereum user is paying approximately 40 Gwei for a transaction — over 96 percent below the recent highs.While this may sound like...
Fetch.ai integrates Chainlink price feeds for powering its digital economy
Fetch.ai, a Cambridge-based artificial intelligence lab building an open-access decentralized machine learning network for smart infrastructure, announced yesterday that it had successfully completed a mainnet integration of Chainlink, as per a release shared with CryptoSlate.Fetch.ai is ChainlinkedAs the most widely used decentralized oracle network,...
Solana announces Ethereum cross-chain bridge ‘Wormhole’
Web-scale blockchain network Solana, which boasts over 2 billion transactions since its introduction in March 2020, announced ‘Wormhole,’ a secure, trustless bridge connecting Ethereum to Solana, in a release shared with CryptoSlate.A cross-chain Ethereum bridge Built in partnership with Certus One, Wormhole is the first...
Chainlink oracles are now live on AdEx Network (ADX/USD) price feeds
AdEx Network is going live on mainnet with a Chainlink oracle integration and the launch of a novel DeFi concept called “elastic token issuance,” it said in a release shared with CryptoSlate.For the uninitiated, AdEx Network is a new-generation solution aiming to address and...
Cardano update: IOHK fired up for DeFi, mobile clients for Daedalus, and CBDCs
With multiple teams both inside and outside of IOHK currently working on Daedalus and Goguen, the first week of October has been largely uneventful for Cardano. Charles Hoskinson, the CEO of IOHK, grabbed the opportunity to discuss what lies ahead for Cardano in the...
An Ethereum scaling solution is near—a DeFi founder thinks it will “melt faces”
While Ethereum has become much less congested than it was just weeks ago, transaction fees are still far from cheap. It may cost $10-20 to complete interactions with decentralized finance protocols such as Compound, MakerDAO, or Synthetix. That’s not enough to break the bank, of...