New Solana-based oracle protocol aims to supply DeFi feeds across Ethereum, Terra, others

Pyth Network, the first cross-chain oracle capable of delivering real-time, institutional-grade market data, has gone live yesterday on the Solana Mainnet, as per a release shared with CryptoSlate. With this launch, developers will be able to integrate Pyth’s real-time price feeds across new and existing decentralized finance (DeFi) platforms and applications.  In addition to being…

Stablecoin Tether gets minted on Solana blockchain for the first time

The USD pegged stablecoin has been minted on the high-speed blockchain months after announcing Solana as an issuer. USDT comes to Solana Tether, the US dollar-pegged stablecoin, has just been minted on the Solana blockchain, data from its blockchain explorer showed. The move came months after Solana was chosen to be an issuer of USDT….

Proof-of-Stake (PoS) coins are having a blast this week

Cryptocurrency tokens based on Proof-of-Stake (PoS) consensus algorithms have been booming over the last seven days as many of them are seeing weekly growth of 50% or more, according to CryptoSlate’s proof-of-stake sector data. Proof of Stake (PoS) coins are red hot today! 🔥 Over the past week, PoS coins are up 16.69% and in…