News

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 […]

The RSK Infrastructure Framework (RIF) development team has now successfully used the RSK-Ethereum token interoperability bridge to expand DeFi capability on the RSK network. The bridge was launched early this year. The TOB-audited interoperability bridge works by locking DAI in Ethereum and simultaneously minting an interoperable ERC-777 token that can “move freely” in the RSK […]

BlockDown 3.0 is set to host a colossal clash on DeFi as crypto visionaries make bull and bear cases for the decentralized finance movement which is sweeping the industry, the event will take place October 22-23. Ryan Selkis, co-founder and CEO of crypto data platform Messari, will take to the virtual stage alongside Kain Warwick, […]

Polkadot, the interoperability and Web3 interface blockchain platform, is bringing a new type of token issuance via an “Initial Parachain Offering” (IPO), it said in a release shared with CryptoSlate. A crypto IPO? An open-source project founded by the Web3 Foundation, Polkadot is built and maintained by five teams commissioned by the foundation. Its DOT […]

The tokenization of art, game, and other assets starting to gain popularity in the cryptocurrency market, but real estate tokenization is not far behind. Blockchain technology has recently been adopted and adapted for use by the commercial real estate (CRE) industry, as per a report by consulting firm Deloitte. CRE executives are finding that blockchain-based […]