{"id":429402,"date":"2024-06-28T14:45:24","date_gmt":"2024-06-28T13:45:24","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=429402"},"modified":"2024-06-28T14:17:42","modified_gmt":"2024-06-28T13:17:42","slug":"polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/","title":{"rendered":"Polkadot&#8217;s SnowBridge seeks $6 million in DOT to ensure its Ethereum bridge longevity"},"content":{"rendered":"<p><a href=\"https:\/\/cryptoslate.com\/polkadot-community-backs-snowbridge-for-seamless-ethereum-integration\/\">SnowBridge<\/a>, a trustless cross-chain bridge designed to link Polkadot with <a href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\">Ethereum<\/a>, is seeking approximately $6 million in DOT tokens funding from the <a href=\"https:\/\/cryptoslate.com\/coins\/polkadot\/\">Polkadot<\/a> community.<\/p>\n<p>The firm's proposal stated that the funds are intended to ensure Snowbridge's long-term success, align the team's incentives with the <a href=\"https:\/\/cryptoslate.com\/polkadot-eyes-8-8-million-sponsorship-deal-with-lionel-messis-inter-miami\/\">Polkadot community<\/a>, and provide financial guarantees for the bridge's users.<\/p>\n<h2>Treasury proposal<\/h2>\n<p>According to the <a href=\"https:\/\/polkadot.polkassembly.io\/post\/2369\">proposal<\/a>, SnowBridge is seeking 999,568 DOT, equivalent to $5,797,500. The fund includes an immediate payment of 191,379 DOT (approximately $1.2m) and a two-year vesting of 323,275 DOT (nearly $1.9 million).<\/p>\n<p>Additionally, 161,637 DOT ($937,500) will be paid out over three months. The remaining 53,879 DOT ($312,500) will be disbursed monthly from September 2024 to February 2025.<\/p>\n<p>SnowBridge stated that the funding aims to enhance user insurance and maintain the bridge for future growth and adoption. It added:<\/p>\n<blockquote><p>&#8220;This proposal finalizes the payments for our 2024 completed engineering milestones, operating costs, and team incentives. It also introduces additional incentive alignment controls and medium-term insurance guarantees for the bridge.&#8221;<\/p><\/blockquote>\n<p>Notably, this request follows the completion of the two-week test period for the Ethereum-Polkadot bridge. The bridge uses first-party signatures from validators on both networks, ensuring transparency, permissionlessness, and auditability. The first version supports <a href=\"https:\/\/cryptoslate.com\/glossary\/erc20\/\">ERC20<\/a> asset transfers, with plans to include arbitrary messaging in the future.<\/p>\n<p>Meanwhile, Colorful Nation, a Web3 ecosystem agent, advised SnowBridge to prepare some sort of insurance fund in case the platform was exploited. It stated:<\/p>\n<blockquote><p>&#8220;The world has seen dozens of bridge hacks and obviously the &#8216;voidspend' mechanism should be used in the tragic event that the bridge has some vulnerability.&#8221;<\/p><\/blockquote>\n<p>The firm also noted that the proposal should be coupled with &#8220;compelling liquidity incentives to bring Ethereum assets (WETH, WBTC, &#8230;) over to Polkadot.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SnowBridge, a trustless cross-chain bridge designed to link Polkadot with Ethereum, is seeking approximately $6 million in DOT tokens funding from the Polkadot community. The firm&#8217;s proposal stated that the funds are intended to ensure Snowbridge&#8217;s long-term success, align the team&#8217;s incentives with the Polkadot community, and provide financial guarantees for the bridge&#8217;s users. Treasury [&hellip;]<\/p>\n","protected":false},"author":720,"featured_media":429408,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,76736],"tags":[72190,73927,79464],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Polkadot Ethereum Bridge: SnowBridge Seeks $6M in Funding<\/title>\n<meta name=\"description\" content=\"Find out how SnowBridge aims to enhance user insurance and bridge maintenance through $6 million funding from the Polkadot community.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Polkadot&#039;s SnowBridge seeks $6 million in DOT to ensure its Ethereum bridge longevity\" \/>\n<meta property=\"og:description\" content=\"Find out how SnowBridge aims to enhance user insurance and bridge maintenance through $6 million funding from the Polkadot community.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T13:45:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-28T13:17:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/06\/snowbridge-polkadot.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/x.com\/hardeyjumoh\",\"https:\/\/www.linkedin.com\/in\/oluwapelumi-adejumo\",\"https:\/\/muckrack.com\/oluwapelumi-adejumo\"]},\"headline\":\"Polkadot&#8217;s SnowBridge seeks $6 million in DOT to ensure its Ethereum bridge longevity\",\"datePublished\":\"2024-06-28T13:45:24+00:00\",\"dateModified\":\"2024-06-28T13:45:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/\"},\"wordCount\":289,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"keywords\":[\"ethereum\",\"polkadot\",\"Snowbridge\"],\"articleSection\":[\"Technology\",\"Tokenization\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/\",\"url\":\"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/\",\"name\":\"Polkadot Ethereum Bridge: SnowBridge Seeks $6M in Funding\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2024-06-28T13:45:24+00:00\",\"dateModified\":\"2024-06-28T13:45:24+00:00\",\"description\":\"Find out how SnowBridge aims to enhance user insurance and bridge maintenance through $6 million funding from the Polkadot community.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Polkadot&#8217;s SnowBridge seeks $6 million in DOT to ensure its Ethereum bridge longevity\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/b333928a322ba4c082e8bb2ad0f14eb6\",\"name\":\"Oluwapelumi Adejumo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-150x150.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"description\":\"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.\",\"jobTitle\":\"Reporter\",\"worksFor\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Polkadot Ethereum Bridge: SnowBridge Seeks $6M in Funding","description":"Find out how SnowBridge aims to enhance user insurance and bridge maintenance through $6 million funding from the Polkadot community.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/","og_locale":"en_US","og_type":"article","og_title":"Polkadot's SnowBridge seeks $6 million in DOT to ensure its Ethereum bridge longevity","og_description":"Find out how SnowBridge aims to enhance user insurance and bridge maintenance through $6 million funding from the Polkadot community.","og_url":"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/","og_site_name":"CryptoSlate","article_published_time":"2024-06-28T13:45:24+00:00","article_modified_time":"2024-06-28T13:17:42+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/06\/snowbridge-polkadot.jpg","type":"image\/jpeg"}],"author":"Oluwapelumi Adejumo","twitter_card":"summary_large_image","twitter_creator":"@cryptoslate","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Oluwapelumi Adejumo","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person","name":"Oluwapelumi Adejumo","url":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg","caption":"Oluwapelumi Adejumo"},"jobTitle":"Senior Reporter","description":"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/x.com\/hardeyjumoh","https:\/\/www.linkedin.com\/in\/oluwapelumi-adejumo","https:\/\/muckrack.com\/oluwapelumi-adejumo"]},"headline":"Polkadot&#8217;s SnowBridge seeks $6 million in DOT to ensure its Ethereum bridge longevity","datePublished":"2024-06-28T13:45:24+00:00","dateModified":"2024-06-28T13:45:24+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/"},"wordCount":289,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"keywords":["ethereum","polkadot","Snowbridge"],"articleSection":["Technology","Tokenization"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/#respond"]}],"copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/","url":"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/","name":"Polkadot Ethereum Bridge: SnowBridge Seeks $6M in Funding","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2024-06-28T13:45:24+00:00","dateModified":"2024-06-28T13:45:24+00:00","description":"Find out how SnowBridge aims to enhance user insurance and bridge maintenance through $6 million funding from the Polkadot community.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/polkadots-snowbridge-seeks-6-million-in-dot-to-ensure-its-ethereum-bridge-longevity\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Polkadot&#8217;s SnowBridge seeks $6 million in DOT to ensure its Ethereum bridge longevity"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/b333928a322ba4c082e8bb2ad0f14eb6","name":"Oluwapelumi Adejumo","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-150x150.jpg","caption":"Oluwapelumi Adejumo"},"description":"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.","jobTitle":"Reporter","worksFor":"CryptoSlate","url":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/429402"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/720"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=429402"}],"version-history":[{"count":5,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/429402\/revisions"}],"predecessor-version":[{"id":429444,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/429402\/revisions\/429444"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/429408"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=429402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=429402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=429402"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=429402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}