Avalanche’s (AVAX) bridge to Ethereum enters ‘final phase’ of testing

Avalanche, the highly-scalable, open-source platform for launching decentralized finance (DeFi) applications, has begun the final phase of testing of a bridge to connect its ecosystem to Ethereum, it said in a release shared with CryptoSlate. When deployed to the mainnet, the bridge will open a gateway for simple, secure transfers of assets between Avalanche and…

Cardano introduces Smash, a new open-source stake pool metadata aggregation server

IOHK, the company behind Cardano, has introduced Smash—a new metadata framework that will act as a better and more accurate source of stake pool information. Smash is a server that can aggregate, fetch, and store stake pool metadata such as owner details, pool name, and homepage. As the server code is open-source and can be…

Exploring the idea of interoperability between Cardano and Litecoin

During the latest Litening Series webinar, the heads of the Litecoin Foundation explored the idea of introducing interoperability between Cardano and Litecoin. David Schwartz, the project director of the Litecoin Foundation, said that it was important to generate as much talk about this idea as possible, as having a bridge between Litecoin and Cardano wouldn’t…

Golem, one of Ethereum’s first ICOs, just announced its migration to ERC20

Golem announced its token migration earlier this week. The blockchain was one of the first ICOs on Ethereum, raising $8.6 million in 29 minutes and setting the precedent for thousands of other ICOs in the years since. Its token will now change from the current Golem Network Token (GNT) to GLM, an ERC20 compliant Ethereum…

This shift in the k-parameter marks the next phase of Cardano’s decentralization

Cardano’s k-parameter is set to increase to 500 on Dec. 6, drastically diminishing rewards for large, oversaturated stake pools. The sharp rise in the parameter will mean that the top 100 stake pools on the network will all become saturated, with IOHK advising users to slowly begin re-delegating their stake to smaller pools to increase…

China’s Nervos launches own token standard to compete with Ethereum

Nervos, one of China’s biggest blockchain and crypto projects, announced the launch of its own token standard, the sUDT, today as per a release shared with CryptoSlate. Since its launch last year, Nervos has made significant improvements to its infrastructure to support a wide range of DeFi applications, from payments and lending solutions to decentralized…

ConsenSys acquires Truffle Suite, the world’s most used blockchain developer tools

ConsenSys, the largest Ethereum venture production studio, has acquired Truffle Suite, the company behind one of the most widely used blockchain developer tools. In a press release shared with CryptoSlate, the company said that the addition of Truffle to ConsenSys will provide enterprise customers with a wider array of services and a slew of high-quality,…

Cardano’s Goguen update brings native tokens implementation and better dev tools

Cardano’s Goguen team has spent the first two weeks of November working on bringing native token and token locking functionalities to the Ledger hardware wallet. In the latest Goguen rollout development update, the team revealed that they kicked off the Marlowe Alpha grogram and gave the community a glimpse of the work that’s set to…