Bifrost Finance beantragt einen Kredit in Höhe von 2,5 Millionen US-Dollar vom Finanzministerium von Kusama

Der Polkadot Council stimmt über einen Vorschlag ab, 50.000 Kusama (KSM)-Token aus seiner Schatzkammer an die Liquid-Staking-Plattform Bifrost zu verleihen. Der Beitrag Bifrost Finance sucht 2,5-Millionen-Dollar-Darlehen vom Finanzministerium von Kusama erschien zuerst auf The Block.

Timeline of Bifrost, Kusama

The Kusama network's native cryptocurrency, KSM has been trading within a falling wedge pattern since the second half of 2021. However, it pushed out of that pattern at the end of last week, but the results have been underwhelming.

KSM price shows a bullish failure to surpass the resistance trendline resulting in a higher price rejection and warns of a $60 fallout. Key technical points: The KSM market value decreased by 4.96% today at press time.

KSM has suffered heavy downside in the last few months, especially this year as markets crashed. However, it might be due for a major price change considering its price action for the last few months.

Kusama (KSM) has broken down from a long-term horizontal support level and is currently attempting to find a suitable level for a bottom. The post Kusama (KSM) Bounces by 35% Since May 12 Lows, Looks to Reclaim $110 Resistance Level appeared first on BeInCrypto.

As the markets continue to trade sideways, investors seem to be taking advantage of the recent Kusama (KSM) token unlock to purchase more tokens. KSM is a native token for the Kusama network. At the time of writing, KSM was trading at $77.20, up 8.33% after dropping from a daily high of $84.69. Massive token The post Kusama (KSM) soars 8% after a bullish token unlock appeared first on Invezz.

Kusama's native cryptocurrency KSM is one of the many casualties of the latest bear market. It has so far plunged by roughly 50% since the start of May and the heavy discount has sent it crashing to January 2021 levels.

Bifrost, a decentralized cross-chain liquidity provider for staked assets, has reached its crowdloan soft cap for its Polkadot parachain auction. The post Bifrost reaches its crowdloan soft cap of 300,000 DOT ahead of the Polkadot parachain auction appeared first on CryptoSlate.

Subsocial is an open platform that allows anyone to launch their own decentralized social networks and marketplaces. The post Subsocial, a Kusama-based platform reimagining social networks for the Web3 era appeared first on CryptoSlate.

The Moonriver team has announced the Big Unlock event, where it will unlock 1.1 million Kusama (KSM) that was locked in the first batch of parachain crowd loans. The post Moonriver to unlock 1.1M KSM in May as leasing period comes to an end appeared first on CryptoSlate.