Ad Helium, an Internet of Things (IoT) project, is currently in the process of from its blockchain roots to Solana — a blockchain network known for its speed and scalability. According to an official announcement made on April 18th, the purpose of this major migration is to enhance the stability and scalability of the Helium…
What is CryptoSlate Alpha? CryptoSlate Alpha is a membership designed to empower you with cutting-edge insights and knowledge, built on top of Access Protocol. More about CryptoSlate Alpha › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. You Need More ACS It looks…
Hedge fund investor Bill Ackman on Nov. 20 said he is no longer a crypto skeptic after he found interesting crypto projects that enabled the formation of useful businesses and technologies. The telephone, the internet, and crypto share one thing in common. Each technology improves on the next in terms of its ability to facilitate…
An overwhelming majority of Helium’s (HNT) community has voted to migrate the wireless network to layer1 blockchain Solana (SOL). According to available information, the HIP 70 proposal received 6,177 votes (81.41%) in support of its plan, while 1,270 were against it. The vote ended in the early hours of Sept. 22, and roughly 15 million HNT…
Binance misallocated roughly $20 million of Helium’s HNT token to its users due to an accounting bug, Coindesk reported on Sept. 16. According to the report, Binance has since patched the bug after its discovery. The Helium ecosystem has two tokens, HNT and MOBILE, that it uses to reward its network users. HNT is the…
Algorand (ALGO) network believes it would be a better option for Helium (HNT) than Solana (SOL) even as voting commenced on the migration proposal. Two top executives of Algorand urged Helium developers to reconsider their stance on Solana because ALGO’s network offers a better option. Algorand’s chief technology officer John Woods tweeted that ALGO’s blockchain…
Helium’s HNT token is in freefall as it has lost roughly 9% of its value in the last 24 hours –the highest over this timeframe– according to CryptoSlate data. Sept. 5 Top 5 Biggest Losers (Source: CrypoSlate) On the seven days metrics, HNT is down by 37%, falling from a high of $6.20 to as…
Blockchain-powered wireless network Helium (HNT) is considering migrating to Solana (SOL) blockchain in a new proposal published on August 30. The HIP 70 proposal explains that the migration to Solana would improve the network’s operational efficiency by giving Helium access to Solana developer tools, applications, and features. The proposal seeks to make three major changes:…
Reports have emerged that Helium (HNT) has misled the public about its partnerships. According to the reports, the company has no collaboration with Lime or Salesforce, as it touts on its website. No Lime partnership A Mashable report revealed that Lime does not have any partnership with Helium. The transportation company has denied having any…
Angel investor Liron Shapira said that decentralized wireless internet protocol Helium (HNT) generated only $6,500 monthly for investors after the hundreds of millions invested in the firm. .@Helium, often cited as one of the best examples of a Web3 use case, has received $365M of investment led by @a16z. Regular folks have also been convinced…