Latest Report De-dollarization: Do all roads eventually lead to Bitcoin? The U.S. dollar’s reign as the reserve currency of the world could be coming to an end. CryptoSlate’s latest market deport explores the de-dollarization of the world to find what role will Bitcoin play in the global economy. Andjela Radmilac · 4 days ago
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…
Kylin network (KYL) has emerged winner of the latest parachain auction 25 on Polkadot (DOT). According to a blog post, the data management platform said the win represents a “significant milestone in its journey to build the data framework for all web3 middleware.” Kylin became the third project to reach the max bid cap of 150,000…
Polkadot-based NFT project Moonsama has announced that it integrated SocialKYC on its Multiverse Bridge, allowing users to sign in using their wallets instead of usernames and passwords. Moonsama integrated this feature through a partnership with KILTprotocol using its Sporran Wallet and SocialKYC credentials. The new feature allows users to log in to their Moonsama account…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Digital asset investment products saw outflows totaling $141 million in the week of May 16 due to the bearish stance of investors towards the market, according to CoinShares’ weekly report. Bitcoin led the pack as investments in the asset saw outflows…
Bifrost, a decentralized cross-chain liquidity provider for staked assets, has reached its crowdloan soft cap for its Polkadot parachain auction. The protocol currently has over 369,000 DOT contributed to its crowdloan as it sets to participate in Polkadot’s 16th, 17th, 18th, and 19th auctions for a parachain slot with a two-year lease. Bifrost is ready…
Subsocial is an open platform that allows anyone to launch their own decentralized social networks and marketplaces. Based on Kusama, Polkadot’s canary chain, Subsocial enables developers to create decentralized versions of the social networks we’re used to while making them censorship-resistant and completely customizable. The platform believes that you don’t need to reinvent social networks…
Announced Wednesday in a blog post by Dan Reecer Chief Growth Officer at Acala and Karura, the two Polkadot protocols will integrate with Wormhole, the multi-chain bridging platform connecting blockchain networks. “As the first EVM+ integration on both Karura and Acala, this cross-chain interoperability will enable Acala and Karura users to enjoy asset integrations and…
News of Russia’s invasion of Ukraine on February 24 saw the value of Bitcoin tanking along with that of other cryptocurrencies. However, the crypto market has since shown a resilience that many crypto analysts have always talked about as the prices of these digital assets have recovered, but they are now trading at a much…
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…