Cardano’s DeFi TVL surges past 500 million ADA amid growing ecosystem interest

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on…

Binance CZ says SEC lawsuit is ‘an attack on the entire industry’

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on…

Cardano’s Hoskinson lauds Polygon’s zkEVM launch despite previous criticism of Ethereum

Ad Cardano (ADA) founder Charles Hoskinson congratulated the Polygon (MATIC) community for launching its zero-knowledge Ethereum (ETH) Virtual Machine (zkEVM) beta on March 27. Hoskinson said innovations like this are great for the crypto industry, quoting a tweet from Polygon co-founder Sandeep Nailwal about Vitalik Buetrin’s landmark transaction on the network. Polygon’s zkEVM Polygon’s zkEVM…

Cardano rises 6% against Bitcoin despite broad market sell-off

Ad Cardano’s ADA has risen by nearly 6% against Bitcoin despite the broad market sell-off in the last 24 hours, according to CryptoSlate’s data. The ADA/BTC spot pair on Binance increased by 0.00000087 during the reporting period to as high as 0.00001571. However, it has retraced to 0.00001562 at the time of writing. Source: Tradingview…

Cardano’s DeFi ADA tokens TVL touches new all-time high of 341M

Ad The total value of assets locked (TVL) on Cardano in terms of the ADA token reached a new all-time high of 341.42 million on March 7, according to DeFillama data. The ADA token TVL  has fallen to 333.16 million as of press time. Source: DeFillama In US Dollar terms, Cardano’s DeFi TVL sits at…

Cardano founder Charles Hoskinson calls Ethereum staking problematic

Latest Report Is the crypto bottom in? On-chain says yes, macro says pain occurs after the fed pause Is Bitcoin poised for a new low or has the bottom been set at $15,500? CryptoSlate analyzed on-chain and macro data to present both sides of the argument. Andjela Radmilac · 5 days ago

Cardano ADA sees increased whale transactions, DeFi TVL doubles

Latest Report Is the crypto bottom in? On-chain says yes, macro says pain occurs after the fed pause Is Bitcoin poised for a new low or has the bottom been set at $15,500? CryptoSlate analyzed on-chain and macro data to present both sides of the argument. Andjela Radmilac · 4 days ago

Cardano stablecoin Djed TVL hits $10M in 24 hours, ADA up 4%

The total value of assets locked (TVL) on Cardano-based overcollateralized stablecoin Djed crossed $10 million during the first 24 hours of its launch, according to DeFillama data. Available data on Djed’s website shows that the stablecoin has a circulating supply of 1.7 million, while its reserve token, SHEN’s supply, is at 20.8 million. Coti CEO…

Crypto market liquidation tops $200M in 24 hours

After a weeklong rally that pushed Bitcoin (BTC) value above $23,000, the crypto market experienced a significant sell-off in the last 12 hours that liquidated $183.99 million, according to Coinglass data. Total liquidations over the last 24 hours stood at $223.43 million as of press time. Of these liquidations, 90.29% occurred on traders who took…