👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The Dark Knight of Terra — FatManTerra — has again reported on another exploit with the Terra ecosystem. Mirror Protocol, a decentralized exchange on Terra, has had over $2 million drained due to an issue with the pricing oracle for Luna…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! TerraUSD (UST) losing its $1 peg and falling to $0.03 and the crash of Terra (LUNA) to $0.0001372 were two events that shook the crypto community. UST (now rebranded as USTC or TerraClassic USD) is an algorithmic stablecoin backed by the…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The ErgoDEX team tweeted that they are two weeks into a testnet run and have been getting stable results. The next step is performance optimization and ironing out bugs before launching on the Cardano chain. We have been running our Cardano…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Blockchain media firm CryptoDiffer compiled a list of the top 15 decentralized exchanges (DEXs) by the number of users in the last 30-days. Topping the list is Binance Smart Chain’s PancakeSwap, with approximately 2,600,000 users. The next most popular DEX is…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Proposal 1299 to (re)enable IBC passed over the weekend with a 95% “Yes” vote and 0.01% “No” vote. However, like a previous proposal to burn the community UST pool, this proposal “did not successfully execute due to technical issues” as well….
We caught up with Bryan Hernandez, the founder of Structure, an upcoming decentralized exchange that offers tokenized stocks that are tradeable 24/7. The platform’s goal is to provide ways for the currently unbanked parts of the world to get access to stocks such as Tesla, Google, and Apple, which are presently out of reach. To…
Dubbed the “next-gen DEX,” AdaSwap has high hopes of making a significant impact on the growing Cardano DeFi market. DeFi Llama currently shows ten DeFi projects listed for Cardano, of which four are inactive. To read the rest of this article, sign in or join CryptoSlate Edge. Get an Edge on the Crypto Asset Market…
Uniswap Labs, the developer behind the world’s largest decentralized exchange (DEX), is launching a code that will allow any website to embed the DEX’s capabilities, Bloomberg News reported. PayPal has employed a similar functionality to grow its presence for decades, while Coinbase currently uses it for some sites. Uniswap’s “swap widget” will allow users to…
Since the debut of Tether, stablecoins have existed in the cryptocurrency space, but there have been no notable stablecoins in the Cardano ecosystem until recently. Charles Hoskinson, the Cardano founder, and co-founder of Ethereum made an announcement on Twitter, stating that stablecoins are coming to the Cardano blockchain. Mr. Hoskinson’s tweet was a quote tweet…
DeFiChain announced on April 7 that four new decentralized assets, so-called dTokens, have been added to its ecosystem following a community vote. The four new decentralized tokens will give users price exposure — not ownership — to public companies’ stocks and ETFs without any restrictions. The added dTokens are dDIS representing Walt Disney Co; dMCHI representing…