News

FTX, one of the biggest and fastest-growing crypto exchanges since its launch in 2019, today announced the acquisition of Blockfolio, a crypto portfolio tracking app, for $150 million. FTX acquires Blockfolio Per a release shared with CryptoSlate, FTX founder Sam Bankman-Fried said the acquisition is on track with the exchange’s broader vision of supporting crypto […]

CodeFi, a blockchain platform developed by ConsenSys, has canceled the auction of the SKL token due to increased traffic during SKALE Network’s ICO last week. The company decided to proactively cancel the auction and introduce a new process that will provide all qualified users with an equal and guaranteed allotment of SKALE tokens at a […]

Retail investors have proven to be a powerful, market-moving force many times over the past several years. The first clear example of their power to move assets was seen within the crypto market in late-2017. Their strength was once again showcased earlier this year when an army of investors on Robinhood began pumping the prices […]

Exchanges have been seeing massive Bitcoin outflows in recent months, which has been a rapidly unfolding development seen by many as being bullish for the benchmark cryptocurrency. A reduced supply of the crypto on exchanges is a positive sign, as it suggests that investors are adopting a long-term approach to their investments, while also reducing […]

YFI, the native governance token of the DeFi protocol Yearn.finance, has rapidly become a prominent cryptocurrency despite just launching weeks ago. It made headlines for seemingly being the first cryptocurrency to appreciate 100,000 percent in a week. It also made headlines for becoming the first reputable altcoin to pass the price of Bitcoin. YFI now […]

Miners on the Bitcoin network are facing the highest difficulty they ever have to generate new blocks, data shows. Network difficulty has surged to an all-time high amidst massive interest in the crypto space. However, it also means retail miners, hobbyists, and small-scale firms have to concede hashpower to the larger mining corporations, at least […]

In the latest proposal concerning Bitcoin and crypto businesses, the UK’s top financial regulator, the Financial Conduct Authority, said all firms would be compelled to share reports on potential money laundering. Bitcoin under the scanner According to a document on August 24, the FCA plans to legally oblige UK-based crypto firms to share any suspicious […]

Wouldn’t it be weird if the first thing you saw in your morning newspaper was a massive Bitcoin logo? Well, that’s what happened on Aug. 24, when readers of the popular Hong Kong newspaper the Apple Daily were treated to a full-page advertisement promoting the leading cryptocurrency. Genesis Block: Bitcoin will never ditch you We […]

CryptoSlate recently had the opportunity to chat with Lynn Liss, the Chief Operating Officer and co-founder of Akoin. Lynn has more than 10 years of experience in the social impact sector, having advised, built, and operated innovative business models. She was an early mover in the “blockchain for good” space, providing strategic advice to blockchain […]

The DeFi sector’s growth trajectory isn’t showing any signs of slowing down, as demand for the crypto assets relating to this sector is still quite high. Following the meteoric gains seen by some of the top assets within the sector, return hungry investors have begun setting their sights on smaller “gems” – leading to a […]