Priyeshu Garg

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Stats Has written 93 posts about cryptocurrency

Apr 19 2021

Occam just completed a hugely successful initial decentralized exchange offering (IDO)

Apr 19 2021 Published at CryptoSlate under tags  adausd altcoins defi tokens

Occam Finance has conducted a hugely successful initial decentralized offering (IDO) on its proprietary OccamRazer platform, selling 200,000 OCC tokens in less than 20 seconds. And while the oversubscribed offering left most of the 150,000 prospective buyers empty-handed, it stands as a proof-of-concept of the platform’s efficiency. The first IDO on Cardano sees huge success OccamRazer, a decentralized funding platform and liquidity solution...

Apr 08 2021

Cardano (ADA) could soon see an on-chain liquidity boost, here’s how

Apr 08 2021 Published at CryptoSlate under tags  adausd altcoins

The Cardano ecosystem could see a massive expansion of its on-chain liquidity with the launch of OccamRazer, a decentralized funding platform and liquidity solution specifically built to suit the needs of the network. The platform has the potential to see the success other launchpad solutions have seen this year and drastically improve Cardano’s position on the market. Cardano’s slow development process is coming...

Apr 03 2021

Orion Protocol becomes the first liquidity aggregator for Cardano

Apr 03 2021 Published at CryptoSlate under tags  altcoins partnerships

After establishing partnerships with Huobi ECO Chain, Binance Smart Chain, Avalanche, and Elrond, Orion will work with IOHK to enable the sustainability and scalability of the DeFi and NFT ecosystems on Cardano, the company said. IOHK’s latest partnership marks an important milestone for Cardano After a hugely successful year that began with the much-anticipated launch of Shelley, Cardano has been...

Apr 01 2021

Block production on Cardano is now fully decentralized

Apr 01 2021 Published at CryptoSlate under tags  adausd adoption technology

IOHK, the company behind the blockchain, will no longer participate in the production of blocks, making Cardano the only truly community-run network on the market. The decentralization of Cardano is now successfully completed Since the launch of Shelley in July last year, Cardano has been on the road...

Mar 18 2021

Latest fake Elon Musk crypto giveaway scam costs man $550,000 in BTC

Mar 18 2021 Published at CryptoSlate under tags  btcusd scams

The latest Bitcoin giveaway scam to pop up on Twitter has claimed a massive victim last month, with a German man telling BBC that he sent 10 BTC, worth over $550,000 at press time, to the scammer believing it would double his money. Another Elon Musk giveaway scam claims first victim While cryptocurrency scams have been around as long as cryptocurrencies have, it’s...

Mar 16 2021

Cardano’s addition to Bloomberg Terminal could be bullish despite investor scrutiny

Mar 16 2021 Published at CryptoSlate under tags  adausd adoption altcoins price watch trading

While some have scrutinized the cryptocurrency and its lack of working products, the move will most likely prove to be extremely bullish. Fast-rising Cardano catches the eye of major investors through Bloomberg Terminal listing While Cardano has certainly had...

Mar 04 2021

Mapping Ethereum’s DeFi eco-system projects on Polkadot

Mar 04 2021 Published at CryptoSlate under tags  adoption defi stablecoins

Polkadot has been rapidly growing from a niche blockchain project to one of the richest DeFi networks that have real potential to compete with Ethereum. While still in its infancy, the network already has a robust ecosystem of decentralized applications, all of which offer similar, and sometimes even more functionalities than their Ethereum...

Mar 01 2021

Cardano crosses 500k accounts and Daedalus launches native-asset support

Mar 01 2021 Published at CryptoSlate under tags  adausd adoption altcoins wallets

The Cardano blockchain now hosts over half a million unique wallet addresses, with the number growing each hour. The significant growth in new addresses on the network was partly fueled by the upgrade to Daedalus which will introduce native-asset support to the wallet. The Cardano network sees significant expansion ahead of native asset upgrade With the clock counting down the final hours before...

Feb 27 2021

Cardano’s Babel fees mechanism allow users to pay transaction fees in native tokens

Feb 27 2021 Published at CryptoSlate under tags  adausd altcoins technical analysis

Once the Mary Hard Fork is implemented, users on Cardano will be able to pay transaction fees in native tokens, essentially requiring no ADA to utilize the blockchain. And while this might seem like a huge technical conundrum, IOHK’s engineers have actually come up with a rather simple, free-market-oriented solution. Cardano’s Extended UTXO makes native token transactions possible...

Major Dubai crypto fund to sell $750M worth of BTC to buy Cardano and Polkadot

Feb 27 2021 Published at CryptoSlate under tags  adausd altcoins analysis investments

FD7 Ventures, a Dubai-based crypto investment fund with $1 billion under management, has announced plans to sell off $750 million worth of their Bitcoin holdings in the next month. The proceeds from the sell-off will be used to purchase Cardano and Polkadot, as the fund’s managing director says he believes ADA, DOT, and ETH will be the foundation of Web 3.0. Cardano and...

Feb 24 2021

Polkadot’s upcoming parachains to be tested on the Kusama Network

Feb 24 2021 Published at CryptoSlate under tags  altcoins dotusd technology

Ahead of its long-awaited parachains launch, Polkadot published a comprehensive roadmap where it revealed that all upcoming parachains will be tested and optimized both on regular parachain testnets such as Rococo and on the Kusama Network. Polkadot publishes comprehensive parachain launch roadmap Parachains, the building blocks of the ambitious Polkadot network, are set to see their full launch in...

Feb 20 2021

Why crypto might grow like the early 2000s tech stocks: An introduction to the Gartner Hype Cycle

Feb 20 2021 Published at CryptoSlate under tags  adoption btcusd

Developed by research company Gartner to represent the adoption of new media, hype cycles have been used since the 1990s to quantify and predict the performance of groundbreaking new technologies. With the Gartner Hype Cycle perfectly describing the ups and downs the dot-com boom saw in the early 2000s, many have wondered whether applying the methodology to the crypto industry would provide more...

Feb 19 2021

Goldman Sachs, JPMorgan, UBS buy the first ETP offering exposure to Polkadot’s DOT

Feb 19 2021 Published at CryptoSlate under tags  adoption altcoins dotusd

Data from the Bloomberg Terminal has revealed that some of the biggest Wall Street players have bought the world’s first exchange-traded product (ETP) for Polkadot. Goldman Sachs, JPMorgan, UBS, and ICAP have all bought different amounts of the Polkadot ETP shares, signaling the rising institutional appetite for crypto derivatives. Major Wall Street players experimenting with a Polkadot ETP The latest news coming out...

Cardano’s Daedalus wallet receives its most significant update yet

Feb 19 2021 Published at CryptoSlate under tags  adausd adoption altcoins wallets

Version 3.3.0 of the Daedalus wallet brings support for the upcoming Cardano protocol update that delivers native token support to the blockchain. What also stands out from the numerous new features introduced is the ability to register to vote for the Project Catalyst Fund3, removing unnecessary steps from Cardano’s on-chain governance. Daedalus...

Feb 17 2021

Almost 72% of all ADA is now staked on Cardano

Feb 17 2021 Published at CryptoSlate under tags  adausd altcoins analysis technology

With 71.9 percent of the total circulating supply of ADA now staked, Cardano is still the most decentralized blockchain network on the market. The significant increase in the amount of its underlying cryptocurrency being staked is followed by an equally significant rise in the number of new users entering the Cardano ecosystem, pushing ADA’s price the closest to $1 than it’s been in...

Feb 12 2021

Tesla made more money buying BTC in one day than it did selling cars last quarter

Feb 12 2021 Published at CryptoSlate under tags  adoption btcusd

The electric car manufacturer has profited more from its $1.5 billion Bitcoin position in a single day than it did selling cars in Q4 2020. With its massive position pushing BTC’s price up over 23 percent, Tesla made over $365 million dollars between Feb. 8 and Feb. 9. Tesla’s poor Q4 2020 performance makes BTC its most profitable endeavor After Tesla announced that...

Feb 11 2021

Ben Goertzel’s SingularityNET begins second phase of migration from Ethereum to Cardano

Feb 11 2021 Published at CryptoSlate under tags  adausd altcoins ethusd partnerships

SingularityNET, an artificial intelligence (AI) solution built on Ethereum, has begun the second phase of its migration to Cardano. The company’s AGI cryptocurrency will be the first major token release on the Cardano Native Assets platform and the largest democratic exercise in the history of decentralized AI. A major decentralized AI network is coming to Cardano SingularityNET, a...

Feb 09 2021

Here are 3 reasons why Cardano (ADA) is up 100% this month

Feb 09 2021 Published at CryptoSlate under tags  adausd adoption price watch

Cardano’s native cryptocurrency ADA has been on a roll since the beginning of February, seeing a price increase of over 100 percent since the beginning of the month. And while the overall bull market has been partly responsible for ADA’s price hike, the rally is mostly fueled by the major developments inside IOHK and a number of hugely important releases planned for this...

Feb 08 2021

IOHK on the brink of securing a massive Cardano government contract in Africa

Feb 08 2021 Published at CryptoSlate under tags  adausd adoption altcoins

IOHK, the company behind the Cardano blockchain, is in the final stages of securing a huge government contract in Africa. According to John O’Connor, the director of African Operations at IOHK, the project could add millions of users to Cardano for real-world blockchain implementation. IOHK making major strides in Africa with real-world blockchain solution built on Cardano While Africa has long been touted...

Feb 05 2021

IOHK delegates 3.2M ADA to 100 Cardano community pools

Feb 05 2021 Published at CryptoSlate under tags  adausd adoption altcoins

To further distance itself from the actual running of the Cardano blockchain, IOHK has delegated 3.2 million of its own ADA to 100 different stake pools ran by the Cardano community. This is part of IOHK’s larger plan to delegate funds to a new set of pools each quarter and support operators in developing countries. Private stake pools on Cardano get an influx...

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