Analysis
Scams
Trader fears $200m in Ethereum collected by a new crypto Ponzi could cause a “disaster”
In 2019, one of the biggest narratives in the crypto market was the PlusToken pyramid scheme. For those unaware, PlusToken was a Bitcoin wallet…
DeFi
User who turned $200 in Ethereum into $250k due to altcoin bug comes clean
Last week, a coin attempting to leech off the success of Yearn.finance (YFI) launched. Dubbed “Soft Yearn” (SYFI), the Ethereum-based crypto asset was launched…
DeFi
Top DeFi coins — Chainlink, Sushi, Band, and others — face severe drop
It's been a tough past week for the crypto market, with coins from Bitcoin to the smallest altcoins plunging lower. The drop has been…
Analysis
Top Bitcoin analyst flips bullish after predicting the 20% retracement last week
Since peaking at local highs of $12,075 last week, Bitcoin has experienced a strong drawdown as depicted in the chart below. The leading cryptocurrency…
DeFi
Here’s why top Ethereum DEX Curve was forked into a new protocol
Ethereum's decentralized finance space has been filled with forks over recent weeks. A fork is when an existing protocol or cryptocurrency is adapted upon…
Analysis
Since March’s 50% Bitcoin crash, traders have been hesitant to overleverage
Bitcoin has undergone a strong correction over the past few days. After peaking at $12,000 early last week, the cryptocurrency has slipped as low…
Exchanges
Here’s why BitMEX is supporting Chainlink and Cardano in first listing since Ethereum
Like Coinbase in its first few years in existence, BitMEX has long been slow with the crypto assets and pairs it is willing to…
DeFi
Here are four factors that have pushed DeFi coin UMA up 100% in a week’s time
Decentralized finance's UMA has surged 100 percent in a week as per CryptoSlate data. In a week where most crypto assets experienced strong corrections,…
Analysis
Asset manager explains why Ethereum’s transaction fees won’t kill ETH
As covered extensively by CryptoSlate over recent days, Ethereum's network congestion is reaching an untenable point. At one point in the past week, the…
DeFi
Tron (TRX) is getting into yield farming with copycats of Ethereum’s Yam Finance
Tron is finally delving into DeFi after Justin Sun, the entrepreneur-founder of the cryptocurrency project, shared this image amid 2019's Consensus conference. Tron's pivot…
DeFi
Blockchain data: Ethereum’s Yearn.finance (YFI) has room to rally after record rally
Even amid the ongoing Bitcoin and Ethereum correction, which has brought the two cryptocurrencies down 11 percent and 19 percent from their local highs,…
Analysis
Ethereum gas fees are up 7,000% since 2020 began—but Vitalik thinks this can be solved
The cost of sending transactions on Ethereum has exploded over the past few months as the network has reached all-time highs in terms of…