Will Ethereum Layer-2 chains survive after The Merge?

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Ethereum is finally moving to proof-of-stake this year, and with that, the aim is to: “Ultimately address some of the gas fee issues.” One of the primary methods to reduce gas fees are layer-2 solutions. Chains such as Polygon process over … Read more

Ethereum founder Vitalik Buterin sees potential for algorithmic stablecoins

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Ethereum founder Vitalik Buterin has been in a contemplative mood recently. After posting a series of “open contradictions” in his “thoughts” and “values,” Buterin has now taken his musings to the arena of “automated stablecoins.” Commonly referred to as algorithmic stablecoins, … Read more

Celer cBridge Partners with SX Network, Polygon’s First Edge Network, to Enable Cross-Chain Asset Transfers

Celer Network is excited to announce the successful implementation of Celer cBridge on SX Network! The first stage of this integration will incorporate the Open Canonical Token Standard bridge where Celer enables the seamless bridging of assets between EVM compatible blockchains and ERC-20 tokens. Users will be able to bridge USDT, USDC, DAI, WETH, WBTC, … Read more

FTX US looking for strategic acquisitions after ‘notable growth’ in users

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! FTX US President Brett Harrison said the exchange is looking for strategic acquisition opportunities after seeing “notable growth” in users. Harrison made the revelation at the World Economic Forum 2022 in Davos while discussing the exchange’s performance in 2021. Although the … Read more

Will $26B staked in ETH 2.0 be unlocked and sold after the merge?

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! It has been confirmed that the Ethereum Consensus Layer will be launched as soon as August 2022. After years of delays, “the Merge” is finally here. However, there is some concern over what will happen to the price of Ethereum (ETH) … Read more

Ethereum [ETH] attempting to sustain itself over $2k level thanks to…

ETH is back on track after recording a 4% bull run in the last 24 hours. After a difficult series of weeks, ETH developers have finally released a bit of good news. A core developer posted a tweet signaling the release of the testnet on 8 June. The Ethereum community seems to have a sigh … Read more

Ethereum dev reveals date for ‘Merge’ testnet

In a significant breakthrough for Ethereum, the Ropsten public testnet is scheduled for the “Merge” next month. The “Merge” refers to merging the current Proof-of-Work (PoW) chain with the beacon chain Proof-of-Stake (PoS) system. It signals an end to PoW on Ethereum, leading to a new, more scalable, sustainable, and environmentally friendly future. According to … Read more

Behind zkLend, a dual solution money market protocol for institutions and retail

zkLend is an L2 money-market protocol built on StarkNet, combining the best of zk-rollups and Ethereum to bring more users to the DeFi market.  To differentiate itself from the growing competition on the market, zkLend offers an innovative, dual solution to the problems faced in DeFi—a permissioned and compliance-focused solution for institutional clients and a … Read more

Web2 giant Cloudflare to run Ethereum 2.0 validator nodes

Almost 20% of all internet traffic on the planet runs through Cloudflare’s infrastructure, and they are now going to be running an Ethereum Consensus Layer node by staking ETH. For those who are unaware of Cloudflare, it “is a global network designed to make everything you connect to the Internet secure, private, fast, and reliable.” … Read more

Celer cBridge Partners with Crabada’s Swimmer Network to Enable Cross-Chain Asset Transfers

Celer Network is excited to announce the successful implementation of Celer cBridge on the Swimmer Network! This was done in order to support Crabada’s Idle-Game and marketplace migration onto the Swimmer Network which is scheduled to be May 13. Users will be able to bridge TUS, CRA, and CRAM via the Open Canonical Token Standard … Read more