Solana gained many new users this summer thanks to its fast transactions and low fees. Needless to say, different prominent analysts have expressed their bullish narratives concerning the #7th largest token. A popular cryptocurrency analyst and trader with around 175K followers on Twitter expressed his narrative about the flagship token. Pseudonymously known as Smart Contracter … Read more
Nervos today announced that the Force Bridge is now live on the mainnet. The Nervos Network is a collection of protocols and public blockchain ecosystem aiming to solve the various challenges facing blockchains like Bitcoin and Ethereum today. The Force Bridge is currently connected to Ethereum through a cross-chain bridge and will be connected to … Read more
In a space as competitive and as nascent as the crypto-verse, hopes of top coins flippening one another aren’t uncommon. However, the Ethereum flipping Bitcoin narrative seems as old as time, at least in crypto terms. In fact, the narrative gathered more steam after Ethereum’s London hard fork. Of late, however, a new thesis has … Read more
The first week of August 2021 featured the monumental EIP-1559 upgrade for Ethereum, which was highly anticipated by the collective Ether community. While the initial change in the mechanism had been integrated, further developments were set to take place over the coming months. More recently, it was revealed that the Consensys teams had accomplished the … Read more
Wormhole, the interoperability protocol that facilitates any type of data to be passed between different networks, announced the addition of Binance Smart Chain (BSC) support to its already existing ETH <> SOL token and NFT bridge. Now, with more than $200 million in total value locked (TVL) in the protocol from its Solana and Ethereum … Read more
A new Polygon to Ethereum bridge is helping bring Aavegotchi NFTs to the Rarible marketplace, the teams said in a release shared with CryptoSlate this week. “One of our main goals at Rarible is to make sure that our vibrant community has access to all the amazing things happening in the space. Given the rising … Read more
According to data analysis firm Messari, Ethereum settled $6.2 trillion over the last twelve months. More impressive is that this figure is up over 350% compared to the previous twelve-month period. Source: @RyanWatkins_ on Twitter.com Messari Researcher Ryan Watkins signed off the tweet saying, “[it’s] probably nothing.” “In the past 12 months Ethereum settled $6.2 … Read more
TikTok teams up with Immutable X to bring its users NFTs. Rapper Lil Nas X will be the first creator to launch his collection this month. Growth at TikTok has been going from strength to strength, even despite claims of the app being Chinese spyware and a whole host of other controversies. However, Immutable X … Read more
BSC DeFi app ‘Pancakebunny’ releases post-mortem of $2.4 million exploit In last week’s attack on the Polygon (MATIC) and QuickSwap (QUICK) version of the Binance Smart Chain (BSC) yield farming protocol PancakeBunny, 2.1 million PolyBunny (polyBUNNY) tokens were minted, resulting in an 82% price plunge from $10 prior to the exploit, to just over $2 … Read more
The state of the broader crypto-market hasn’t been winsome lately. The diminishing returns offered by top coins including Bitcoin, Ethereum, and Cardano have triggered a drop in the global crypto-market cap too. In effect, the state of the on-chain metrics for most of these cryptos has started withering already. However, Polygon’s tale has been slightly … Read more
