Tag: technology

Oct 27 2021

You can now easily buy and sell domains as NFTs on Ethereum scaling network Polygon

Oct 27 2021 Published at CryptoSlate under tags  adoption defi maticusd technology

Polygon, an Ethereum scaling platform onboarding millions to Web3, announced last week that Unstoppable Domains, the world’s leading non-fungible token (NFT) domain naming service, is the latest to join the...

Supply for Binance Coin set to decrease as BEP-95 seeks to burn BNB in ‘real time’

Oct 27 2021 Published at CryptoSlate under tags  bep-95 binance bnb defi eip 1559

Binance has pulled a new trick out of its bag as it plans to introduce a real- time burning mechanism, Binance Evolution Protocol, BEP-95, to its Binance Smart Chain (BSC) network. This was announced via a press statement issued by the largest crypto exchange by trading volume recently. Binance proposed BEP-95 upgrade According to the...

DeFi stablecoins protocol Ampleforth launches on Avalanche (AVAX)

Oct 27 2021 Published at CryptoSlate under tags  amplusd avaxusd defi exchanges technology

Ampleforth development firm Fragments Inc. announced today the completion of Avalanche’s integration with the Ampleforth protocol to bring AMPL, the Ethereum-born decentralized unit of account for denominating stable contracts, over to the sixth-largest blockchain in the world. Since August,...

Is a Cardano-Ethereum bridge likely to stoke their rivalry even further?

Oct 27 2021 Published at CryptoSlate under tags  adausd defi ethusd technology

Bondly Finance has announced the rollout of a cross-chain bridge to connect the Cardano and Ethereum blockchains. What's more, the firm estimates the bridge will be ready by early 2022. Blockchain bridges are a solution to link previously siloed chains. By enabling different blockchains to work together,...

Oct 26 2021

El Salvador’s Bitcoin wallet Chivo is set to remove its trade profiting feature

Oct 26 2021 Published at CryptoSlate under tags  banking exchanges investments legal opinion

Chivo will be removing its scalping feature to curb growing speculative tendencies involving Bitcoin, it said in a tweet last night. “Scalping” would allow users to freeze Bitcoin prices for a minute allowing a small window for the users to compare prices on other exchanges before making a final purchase. Chivo took to Twitter to announce that the digital wallet will no longer...

Twitter CEO warns of hyperinflation, can crypto solve the problem?

Oct 26 2021 Published at CryptoSlate under tags  adoption btcusd technology

Jack Dorsey recently tweeted his concerns about hyperinflation, saying it's happening now. Although crypto is a relatively new technology, some tout it, particularly Bitcoin, as a solution to a variety of economic woes, hyperinflation included. Hyperinflation is going to change everything....

Chainlink price feeds are now live on the Terra (LUNA) testnet

Oct 26 2021 Published at CryptoSlate under tags  linkusd lunausd technology

Chainlink Price Feeds, the most widely relied on decentralized price oracle solution across DeFi, is now live on the Terra testnet, the team stated in a...

Cross-border Stellar (XLM) payments are soon coming to Europe and Africa

Oct 26 2021 Published at CryptoSlate under tags  adoption technology tokens xlmusd

The Stellar Development Foundation (SDF), the non-profit supporting the Stellar network, announced...

Worldcoin wants to scan your eyeballs. But its founder says that’s the ‘future of privacy’

Oct 26 2021 Published at CryptoSlate under tags  privacy technology

Worldcoin, a new startup founded by OpenAI CEO Sam Altman, theoretical physics student Alex Blania and former investment associate at Bridgewater Associates Max Novendstern, uses iris recognition devices called “Orbs” to scan people’s eyes in exchange for free cryptocurrency. The project claims to be committed to giving Worldcoin to everyone on Earth, but, according to the official launch report, the legal...

Terra is preparing to burn more than 9% of the total LUNA supply

Oct 26 2021 Published at CryptoSlate under tags  adoption defi technology

Do Kwon, co-founder and CEO of Terraform Labs, the South Korean company behind the blockchain project Terra (LUNA), recently announced on Twitter that the on-chain vote for the project’s proposal 44 will be initiated on Wednesday and will be in a voting period for two weeks. The proposal to initiate the burn of 88,675,000 LUNA from the community pool to mint...

Oct 25 2021

Mastercard to soon offer Bitcoin rewards and purchases for merchants

Oct 25 2021 Published at CryptoSlate under tags  adoption payments technology

Payments giant Mastercard is said to soon offer Bitcoin rewards and allow Bitcoin purchases for its worldwide merchant network, a report on CNBC said today....

Stablecoin crypto Diem shuns its Facebook connection

Oct 25 2021 Published at CryptoSlate under tags  technology wallets

Diem, a Facebook-backed crypto project, has responded to attempts by the United States Senate to shut the launch of its Novi wallet by distancing itself from the social media giant. The crypto project, yesterday,...

DeFi activity on Solana (SOL) just touched an all-time high

Oct 25 2021 Published at CryptoSlate under tags  defi sol solana technology

Solana-based decentralized finance (DeFi) protocols have reached a new height as the total value locked of all assets on its blockchain is now $12.7 billion according to data from DeFi Llama. Per Defi Llama, this...

Oct 23 2021

Cosmos bridge Inter-Blockchain Communication (IBC) is now live on Terra (LUNA)

Oct 23 2021 Published at CryptoSlate under tags  atomusd defi technology

On October 21, the Inter-Blockchain Communication (IBC) protocol went live on Terra (LUNA) mainnet. Tendermint’s protocol enables sovereign chains to communicate with each other while allowing the transfer of tokens between Cosmos (...

New Polygon Ecosystem Index (PECO) lets you bet on the performance of Polygon (MATIC) projects

Oct 23 2021 Published at CryptoSlate under tags  adoption analysis maticusd technology tokens

Amun, a leader in DeFi index products, announced this week the launch of the Polygon Ecosystem Index (PECO) token, as per a release shared with CryptoSlate. Amun is excited to announce the...

Cardano (ADA) Foundation CEO says being late to the smart contract party is an advantage

Oct 23 2021 Published at CryptoSlate under tags  adausd people technology

Frederik Gregaard dismissed any notion that Cardano (ADA) is on the back foot, having released smart contracts just five weeks ago. The Cardano Foundation CEO added that, rather than being handicapped, he thinks this puts the project in a much...

Oct 22 2021

IOTA Smart Contracts Beta launches with Zero Fees, Interoperability, and EVM Compatibility

Oct 22 2021 Published at CryptoSlate under tags  analysis iotausd technology

The IOTA Foundation, the non-profit driving open-source distributed ledger technology for a new digital economy, announced the beta release of IOTA Smart Contracts in a release shared with CryptoSlate....

Tezos-based Kalamint partners with Wert to offer credit card top ups

Oct 22 2021 Published at CryptoSlate under tags  nfts technology xtzusd

Kalamint, the second-largest NFT marketplace on the Tezos Network (XTZ), has implemented wallet top-up through Wert. Users can now top up their XTZ wallets from the main Kalamint page using their credit cards. Having successfully raised investment from the Draper Goren Holm fund and seed investment from Amesten Capital, Kalamint is...

Oct 21 2021

Solana’s Wormhole user interface support for Terra (LUNA) has arrived

Oct 21 2021 Published at CryptoSlate under tags  defi luna technology ust

Wormhole, a cross-chain interoperability protocol that connects high-value blockchains, has recently added user interface (UI) support for the Terra (LUNA) network. A single unified interface will enable users to seamlessly transfer tokens between Terra,...

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