The latest Bitcoin, DeFi, NFTs and web3 news from CryptoSlate.
What are cross-chain bridges and why do they matter?
While DeFi promises a world where people can transfer their money without the hassle and transaction fees of banks, anybody who has tried to convert some ETH to some BNB recently knows it’s not so simple.
Why not DeFi? Exploring the argument for liquidity staking
Conventional staking limits its liquidity provision to the blockchain network and thus provides more modest if more sustainable, rewards.
Binance integrates Ethereum layer-2 protocol “Arbitrum” as scaling race heats up
Binance now supports Arbitrum deposits on its platform in bid to remain the top crypto exchange in the world.
Over $18.24 billion transacted on Cardano in a single day last week
Cardano’s on-chain transaction volume is only behind that of Bitcoin as it has flipped that of Ethereum and other altcoins.
Cardano founder calls for calm during sell-off, saying there’s bigger things at stake
Charles Hoskinson says achieving the vision for cryptocurrency negates any concern over short term pricing.
U.K. government launches an investigation into memecoin ads on the London Underground
The latest ad campaign for Floki is a thorn in the eye of U.K.'s marketing watchdog.
Shiba Inu makes up the biggest holding of the top 1,000 ETH wallets
Concerns over whale concentration heighten as data shows ETH whales hold a significantly high proportion of $SHIB.
Why Ethereum creator Vitalik Buterin is excited about ‘crypto cities’ running on DAOs and NFTs
The Ethereum co-founder says that there are unlimited opportunities for the states to implement and create crypto-powered cities.
Ethereum becomes a ‘first-class currency’ on Sotheby’s for Banksy auction
In the auction house's first, Ethereum joined the ranks of USD, GBP, and EUR as a payment option.
Acala wins Polkadot’s first parachain slot with over 32 million DOT staked
Over $3.5 billion worth of DOT was contributed in total during Polkadot's first-ever parachain auction.
Here’s what’s coming from Ethereum layer-2 exchange ZKSwap in 2022
The popular decentralized exchange upgraded its roadmap ahead of the launch of ZKSwap V3.
New report shows 50% of Uniswap V3 liquidity providers are losing money
While liquidity provision is generally seen as a worthwhile investment strategy, research shows that Uniswap V3 LP providers would be better off holding.
Transactional service Chainlink Keepers goes live on the Polygon network
The integration will enable transaction automation services for smart contracts, allowing decentralized apps (dapps) to operate without the need for manual intervention or centralized infrastructure.
Time magazine to hold Ethereum (ETH) on its balance sheet
The magazine, in partnership with Galaxy Digital, is all set to roll out metaverse content for its readers.
Crypto exchange Binance lost 3% of its customers due to KYC demands
Changpeng Zhao, the CEO, of Binance has revealed that the exchange lost 3% of its users due to its regulatory troubles.