Author: Shaurya Malwa

Avalanche (AVAX) bumps to near $70 after reveal of $230 million fundraise

CryptoSlate

High-speed blockchain Avalanche jumped to highs of $68.30 today after several influential crypto investors revealed the close of a private funding round involving $230 million worth of AVAX tokens in June, CryptoSlate learned in a release. The Avalanche Foundation, a Read More

‘Bear Market’ NFTs are going live on Zilliqa’s ZilSwap today | CryptoSlate

CryptoSlate

A range of cute bear non-fungible tokens (NFTs) went live on the Zilliqa blockchain—a collaborative result of the work of Switcheo Labs and Zilliqa. Not that Bear Market Called ‘The Bear Market,’ the NFTs are a commemorative NFT collection that Read More

SolRazr raises $1.5 million to build decentralized developer ecosystem for Solana

CryptoSlate

Solana-based venture platform SolRazr has unveiled the first decentralized developer ecosystem for the Solana blockchain, comprising Launchpad, Accelerator, and Developer Tools, as per a release shared with CryptoSlate. The protocol is the first decentralized developer ecosystem for Solana, offering Launchpad, Read More

Algorand Foundation Launches $300 Million Fund to Support DeFi Innovation

CryptoSlate

Algorand Foundation, an organization dedicated to fulfilling the global promise of blockchain technology by leveraging the Algorand protocol and open-source software, today announced the Viridis DeFi Program, a 150 million Algo (worth approximately $300 million USD today) fund to support Read More

92% of all crypto ‘longs’ liquidated yesterday after Bitcoin fell to $43,000

CryptoSlate

Crypto traders took some of their biggest hits in recent times as a sudden purge across the crypto market saw $3.7 billion worth of trading positions liquidated, data from multiple sources showed. ‘Liquidations,’ for the uninitiated, occur when leveraged positions Read More

76% of all Solana (SOL) ‘shorts’ were liquidated yesterday | CryptoSlate

CryptoSlate

A huge majority of all traders betting against Solana were liquidated after SOL pumped 10% to over $186 yesterday, data from on-chain analytics tool Bybt showed. So-termed the world’s ‘fastest’ blockchain, Solana boasts transactions per second (tps) speeds of over Read More

Sanctor Turbo announces ‘Demo Day,’ revealing first cohort of blockchain projects to graduate from its mentorship program

CryptoSlate

Sanctor Turbo announces ‘Demo Day,’ revealing first cohort of blockchain projects to graduate from its mentorship program Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Academia Project teams graduating as Sanctor Read More

Over half a billion dollars worth of Ethereum (ETH) are now burned

CryptoSlate

Half a billion dollars worth of Ethereum (ETH)—the world’s second-largest cryptocurrency after Bitcoin by market cap—have now been ‘burned’ after last month’s Ethereum Improvement Proposal (EIP)-1559, data from multiple sources show. The EIP-1559, an upgrade designed to improve pricing mechanisms Read More

MetaMask surpasses 10 million MAUs, is now the world’s leading non-custodial crypto wallet

CryptoSlate

ConsenSys, the market-leading blockchain technology company founded by Ethereum co-creator Joseph Lubin, announced today that MetaMask now has more than 10 million monthly active users, as per a release shared with CryptoSlate. This represents a 19x growth compared to July Read More

Analysts: Bitcoin ‘whale’ behaviour that preceded April’s $64,000 high is back

CryptoSlate

Holders of massive amounts of Bitcoin (BTC) are continuing to buy the asset regardless of the recent dip in crypto markets, data from several sources shows.  Some analysts say such investment behavior is what precedes bull runs, hinting that another Read More