Squid, a cross-chain routing protocol powered by Axelar, has closed a $3.5 million seed round to build native-to-native cross-chain token swaps. The post Squid brings native cross-chain swaps to 25 blockchains appeared first on CryptoSlate.

Polygon, the Ethereum scaling solution, has surpassed BNB Chain in the number of daily transactions, according to on-chain data analyzed by CryptoSlate.  On January 29, BNB Chain recorded 3,007,245 transactions, while Polygon processed 3,066,110 in the same period. The post Polygon surpasses BNB Chain in daily transactions as MATIC pumps 20% over weekend appeared first on CryptoSlate.

Bitcoin closed the week strongly with a fourth consecutive green candle for the first time since August 2021. The post Bitcoin closes 4 consecutive weekly green candles for first time since August 2021 appeared first on CryptoSlate.

SmartStake, a major validator in the Cosmos ecosystem, has announced that it will shut down its nodes following revelations around the Secret Foundation’s founder, Tor Bair, personally taking profits. The post Validators shut down as Secret Network struggles with leadership appeared first on CryptoSlate.

Investors who purchased Bitcoin in 2019 are back in profit, according to data analyzed by Glassnode and CryptoSlate. The post 2019 Bitcoin investors back in profit above $21.8k appeared first on CryptoSlate.