Author Archives: Cryptoslate

DappRadar’s report on blockchain behavior gave insight into the explosion of development within the space during 2022 Reddit may have cracked the formula for onboarding new users into web3, according to a new report released by DappRadar on the behavior of the blockchain industry. Further, 94% of adults with “discretion to household money” are now aware of cryptocurrencies. The[Read more…]

According to on-chain data compiled by Cluster the majority of web3 projects saw a decline in YoY user growth. Yet – web3 gaming records better user retention than the average web2 games Levan Kvirkvelia from on-chain analytics platform Cluster reached out to CryptoSlate to share his findings from analyzing over one hundred “web3 services.” Cluster, which is still in[Read more…]

Polygon was once on the verge of overtaking Ethereum for NFT users, but that quickly changed with the rise of new options. This time one year ago, Polygon was the second largest chain for the number of NFT users, which Footprint Analytics counts as a wallet address that has bought or sold an NFT asset[Read more…]

The rental property located at 149 Cottage Lake Way, Columbia was sold by transferring the Home onChain identity to an Ethereum address owned by the house buyer Adam Slipakoff.  Real estate platform Roofstock has completed the sale of a three-bedroom property as a non-fungible token (NFT) for $175,000. The rental property located at 149 Cottage Lake Way, Columbia[Read more…]

After a late-summer rally, the crypto markets pulled back in September, bringing many metrics related to the health of the GameFi industry down with it.  The amount of volume passing through GameFi protocols reached historic lows Investment still remained sideway Very few new GameFi projects were launched On the other hand, the number of active[Read more…]

The wMarket Update condenses the most important price movements in the crypto markets over the weekend, published 08:00 UTC on weekdays. The total cryptocurrency market cap saw net outflows totaling $12.75 billion. As of press time, the industry’s market cap stood at $911.14 billion, down 1.45% over the last 24 hours. Bitcoin’s market cap fell[Read more…]

Indian Police in Firozabad has developed a web portal for reporting crimes using the Polygon (MATIC) modular blockchain, according to an Oct. 10 announcement. The police authorities launched the policecomplaintonblockchain.in to make crime reporting easier for residents. Firozabad is located in the state of Uttar Pradesh (UP). With the portal, users will be able to register complaints[Read more…]

Defiolio, a premium decentralized finance tracker aggregating all DeFi projects into a centralized location for you to view, manage and discover. DeFi is an umbrella term used to describe decentralized financial applications built on the blockchain. DeFi applications are powered by tokens or crypto-assets and leverage smart contracts on the blockchain to automate, execute, and[Read more…]

Kim Kardashian agreed to pay SEC $1.26M for promoting EMAX security token, Bitcoin holding stable as rumors of banking collapse circulate, and much more in this edition of CryptoSlate Wrapped Daily. The biggest news in the cryptosphere for Oct. 3 includes, Binance burning 5.5 billion LUNC tokens, Tether reducing its commercial paper holdings below $50[Read more…]

Polygon co-founder Sandeep Nailwal said he won’t be attending Devcon 2022 in Bogota, Colombia, “due to safety concerns.” He expressed regret over missing the opportunity to meet with friends from the ETH community. Devcon, Bogota is a technically focused conference for Ethereum devs, researchers, and builders. It will run from October 11-14 and features talks from prominent figures,[Read more…]