Polkadot (DOT) announced new updates to its roadmap, including the asynchronous backing optimization that will increase its transaction speed by at least 10x. In a Sept. 26 blog post, Polkadot stated that it has been working to improve the network’s parachain scalability, relay-chain governance, cross-chain communication, and parachain development. Asynchronous backing The asynchronous backing will be…
After seven consecutive weeks of inflows, crypto investment products recorded significant outflows last week, according to the latest report by institutional crypto fund manager CoinShares. The report which analyzes weekly flows into cryptocurrency funds suggests regulatory concerns and geopolitical turmoil have diminished investor interest in both the Americas and Europe. $80 million of the outflows…
A provocative reply by one of the Kylin community members to the project’s Twitter post that celebrated a recent milestone prompted the network to start a challenge in which one lucky individual is expected to win a car. Designed to provide the data infrastructure for the future DeFi and Web 3 powered by Polkadot, the…
Crypto investment products attracted large inflows in the Americas last week, versus minor outflows recorded in Europe, according to the latest report by institutional crypto fund manager CoinShares. The report which analyzes weekly flows into cryptocurrency funds suggests enduring investor interest despite the geopolitical unrest which spurred a sell-off in risk assets. Bitcoin attracts $95…
Despite the raging conflict in Eastern Europe, crypto investment products saw inflows totaling $36 million in the week ending February 28, according to the latest report by institutional crypto fund manager CoinShares. However, the report which analyzes weekly flows into crypto asset funds observed regional variances–while the Americas saw inflows, European investment products recorded outflows….
As the war in Ukraine continues and unfolds, with terrible consequences for the country’s population, people and organizations around the world line up to donate to the Ukrainian war effort and its military force’s defense of the country against their Russian adversary. People in the crypto space want to be no less generous with their…
More and more people are donating to the Ukrainian side of the conflict since Russia’s decision to invade the neighboring country. Most of these donations are funneled through traditional means of fundraising and donations, but significant amounts of funds are also coming in via crypto payments. As reported by CryptoSlate on Friday, while Ukraine’s Ministry…
Aventus Network (AvN) recently announced teaming up with Scytale Ventures, a blockchain venture capital firm that will help the Layer 2 solution reach its goal of becoming a Polkadot parachain. Founded in 2017, Aventus combines the elements of public and enterprise blockchains–leveraging scale and privacy of a permissioned blockchain with the security and interoperability of…
Onomy Protocol is proceeding with its plan of converging Forex and DeFi markets, announcing a collaboration with NEAR and Aurora. Through the use of stablecoins, Onomy plans to empower institutions to onboard their fiat exchange operations on-chain and, further down the adoption line, serve as the world’s decentralized reserve bank. In line with this ambitious…
The day of the long-awaited launch has dawned, as Moonbeam, an Ethereum-compatible smart contract parachain, went live on Polkadot. With the completed launch process, the winner of the second slot auction became the first fully operational parachain on Polkadot–ready to welcome the deployment of over 80 projects. Project deployment Moonbeam is expected “to light up…