CryptoSlate caught up with James Wo, the Founder and CEO of Digital Finance Group (DFG), to talk about interesting developments that are about to unravel in the budding ecosystem between the two sister blockchains–Polkadot and Kusama.DFG focuses on blockchain equity and token investment, with a portfolio that ranges from Layer 1, Layer 2, Web3, CeFi, DeFi, NFTs, and beyond.Last … [Read more...] about True benefits of Polkadot’s Parachain concept are about to be revealed, taunts DFG Founder James Wo
Blockchain
Top Japanese bank MUFG introduces new stablecoin platform
Mitsubishi UFJ Financial Group, Japan’s largest financial group, is working hard to take the lead in stablecoin development, launching a proprietary stablecoin project.On Wednesday, MUFG introduced its stablecoin platform called “Progmat Coin,” a blockchain-based system for issuing and managing stablecoins pegged on a 1:1 ratio to the Japanese yen.The platform aims to enable a … [Read more...] about Top Japanese bank MUFG introduces new stablecoin platform
NFT prices misfire as OpenSea daily active user volume drops 30% in a week
While it seems OpenSea is keeping pace with January’s total volume of $5 billion by generating over $1.3 billion in total volume the last 7 days, the number of active users has decreased by more than 30% according to data from Dune Analytics.Are we beginning to see a lull in trader activity as a sign of an impending market pullback or are investors and collectors taking their … [Read more...] about NFT prices misfire as OpenSea daily active user volume drops 30% in a week
Alchemy Pay gains 77% after exchange listings and cross-chain integrations
The cryptocurrency ecosystem has come a long way since the launch of Bitcoin (BTC) and in the last few years smart contracts have revolutionized the industry. With that said, there is still plenty of progress to be made when it comes to integrating blockchain technology to peer-to-peer, business to business and business to consumer payment systems.Alchemy Pay aims to further … [Read more...] about Alchemy Pay gains 77% after exchange listings and cross-chain integrations
The team behind the world’s first hardware wallet says it’s still thriving after 8 years
Like all things, Trezor, a household name in the crypto community with over 1 million units sold, came from humble beginnings. The idea all started out in 2011 after a Bitcoin (BTC) conference in Prague, Czechia — which, by the way, was just voted the most beautiful city in the world in a Time Out magazine survey. Two crypto enthusiasts, Pavol "Stick" Rusnák and Marek "Slush" … [Read more...] about The team behind the world’s first hardware wallet says it’s still thriving after 8 years