The Zhejiang district in China has laid the foundation for the Blockchain Service Network, (BSN) the country’s ambitious nationwide blockchain project, as per local reports this week.
The post China: Chainlink-adoptee national blockchain project goes live; 135 public nodes running appeared first on CryptoSlate.
Ethereum’s price is finally starting to show some signs of life as the cryptocurrency recovers from its recent lows.
The post These three narratives may help fuel an intense Ethereum upswing appeared first on CryptoSlate.
Katalyst, the protocol upgrade for Kyber Network that allows KNC token holders to earn yield and participate in economic decisions on the Kyber Network, goes live on July 7.
The post Kyber Network (KNC) joins the DeFi party with Katalyst launch appeared first on CryptoSlate.
Of all leading cryptocurrencies, Chainlink (LINK) has seen some of the strongest adoption-related news over recent weeks. Multiple reports have been released about the project’s oracles — its flagship product — being integrated by prominent firms and blockchains in the industry.
The post Despite Chainlink adoption, a crucial LINK metric is reaching “dangerous” levels appeared first on CryptoSlate.
The rapidly growing Ethereum-based DeFi sector has been generating significant buzz within the crypto industry, seeing massive inflows of new users and investors that have created growth typical of that seen during bull markets.
The post Why the DeFi sector’s outperformance of Ethereum may not last for long appeared first on CryptoSlate.
When Ethereum-based finance protocol Compound launched its native token COMP in June, it traded at $30.
The post DeFi’s Compound (COMP) has crashed 50% in two weeks—and it may drop further appeared first on CryptoSlate.
XRP has been struggling to ward off the heavy selling pressure it has been facing since late-February, with its buyers being unable to spark any type of notable rebound from its mid-March lows.
The post There’s no end in sight to XRP’s downtrend as transaction volume wanes appeared first on CryptoSlate.
The launch of Compound (COMP) just a couple weeks ago has provided the decentralized finance sector with a boost that has completely altered its trajectory, ushering in a wave of new DeFi participants while also providing investors with massive gains.
The post Compound holds massive influence over 3 major tokens: Breaking down the “COMP effect” appeared first on CryptoSlate.
The recent infatuation for most in the cryptocurrency market is with DeFi tokens and staking, with the sectors seeing strong growth in both technology and price values since the past month.
The post Staking frenzy pushes 0x (ZRX) to highest user activity since April, price jumps 14% appeared first on CryptoSlate.
Compound’s meteoric rise in the crypto-space is coupled with the rise of DeFi tokens and retail traders chasing the next “moonshot.” COMP, Compound’s native token, rose over 600 percent from a listing price of $61 to over $350 on June 21, before steadily falling to its current $195 level.
The post Compound users now supplying over $1 billion in ETH assets; COMP a top-25 altcoin appeared first on CryptoSlate.
