News

Blockchain payments provider Ripple launched its “Line of Credit” service yesterday to cater to customers using On-Demand Liquidity (ODL) to source capital on-demand to initiate cross-border payments at scale using the digital asset XRP. The service provides quick access to capital using a simple credit arrangement system, creating a financial service that ensures inclusion and […]

In August and September, the decentralized finance (DeFi) space was in a state of frenzy: random food farming strategies were yielding tens of thousands of percent APY while more reputable pools, paying out coins to thousands of users, was generating yields on orders of magnitude higher than bank accounts. Yields have crumbled over recent weeks, […]

Fetch.ai, a Cambridge-based artificial intelligence lab building an open-access decentralized machine learning network for smart infrastructure, announced yesterday that it had successfully completed a mainnet integration of Chainlink, as per a release shared with CryptoSlate. Fetch.ai is Chainlinked As the most widely used decentralized oracle network, Chainlink’s Price Reference Data allows users to verify the […]

BitMEX has long been a polarizing platform within the crypto industry, with it being the trading venue of choice for those utilizing margin, while also contributing to some of the most precarious price movements ever seen by Bitcoin. One such example would be March 12th – otherwise known as Black Thursday – during which time […]

Square Inc. has announced today that it has purchased 4,709 BTC for approximately $50 million, allocating around 1 percent of its total assets as of Q2 2020 to Bitcoin. The payments company, founded by Twitter’s CEO Jack Dorsey, said that it intends to participate in growing Bitcoin’s adoption. CashApp’s parent company Square invests $50 million […]

Web-scale blockchain network Solana, which boasts over 2 billion transactions since its introduction in March 2020, announced ‘Wormhole,’ a secure, trustless bridge connecting Ethereum to Solana, in a release shared with CryptoSlate. A cross-chain Ethereum bridge  Built in partnership with Certus One, Wormhole is the first of many bidirectional cross-chain bridges on Solana. Wormhole connects […]

Chamath Palihapitiya has become one of the most prominent investors of the past few years due to his use of special-purpose acquisition companies (SPACs). He made headlines when he brought Richard Branson’s Virgin Galactic public through a SPAC. While a pioneer in venture investing, he’s also big on Bitcoin. He, alongside a few partners, was […]

AdEx Network is going live on mainnet with a Chainlink oracle integration and the launch of a novel DeFi concept called “elastic token issuance,” it said in a release shared with CryptoSlate. For the uninitiated, AdEx Network is a new-generation solution aiming to address and correct some of the most prominent inefficiencies of the online […]

The non-fungible token trend that has been sweeping across the crypto markets has been called a fad by many, but the recent listing of a Bitcoin-centric digital piece on a Christie’s auction seems to validate that digital artwork is real artwork – despite what many say. The piece was created by Ben Gentilli – an […]

Bitcoin’s price action has been tepid at best over the past few weeks due to a confluence of fundamental trends. These include but are not limited to, BitMEX getting charged by the U.S. CFTC, KuCoin getting hacked for over $200 million, a U.K. financial authority banning crypto derivatives, and President Trump urging Capitol Hill to […]