News

Ethereum’s decentralized finance (DeFi) community and market have seen exponential growth over recent months. According to CryptoSlate sector data, all DeFi coins in circulation are now worth $12.78 billion in aggregate; this sum was closer to $3-4 billion just two months ago. Acknowledging this upward trend, analysts have said that DeFi is at the start […]

Curve’s tokens launched early this morning after an unknown individual/s deployed open-source contracts and minted CRV. Community reaction was mixed, with some observers calling it a “scam.” The team wrote on Twitter that “someone” deployed $CRV based on smart contracts we had published on GitHub, front-running their efforts. However, the token was released as it […]

The DeFi market took a huge hit earlier today when YAM, an experimental yield farming project, suffered a contract bug that caused its market cap to drop from $60 million to virtually zero. The developers behind Yam Finance declared the project dead earlier today. DeFi protocol YAM crashes after two days The DeFi space was […]

Three major crypto exchanges listed Aragon’s ANT tokens yesterday, causing an immediate price bump and frantic Google searches for what the protocol does. Here’s a primer. What is Aragon? Corporations, and societies, work on a centuries-old system of centralization and organization of all humans (read: workers) doing tasks that contribute towards a final goal. The […]

It has been a turbulent week for Bitcoin. This past weekend, the cryptocurrency’s buyers attempted to catalyze a movement up towards $12,000, eventually pushing it as high as $12,200. At this point, however, it faced an influx of selling pressure that caused its price to begin sliding down towards the lower-$11,000 region. Overnight, however, buyers […]

Just 24 hours after it launched, a new Ethereum decentralized finance protocol called Yam Finance has received deposits of over $400 million worth of altcoins like Wrapped Ethereum and Yearn.finance. Yam Finance’s native governance token, YAM, has similarly seen an influx of capital. According to CryptoSlate data, the asset has a current supply market capitalization […]

Staking Cardano (ADA) from Yoroi is an easy and straightforward process, very similar to staking your funds from Daedalus. With support for more wallets added every day, the Shelley era of the Cardano blockchain is slowly becoming a reality. Yoroi users can now stake their ADA right from Yoroi With Shelley, the staking era of […]

US crypto exchange Coinbase is going all out with its crypto offerings ahead of a purported bull run, listing DeFi projects, in-demand altcoins, and now a product for loans using one’s Bitcoin. The exchange announced Thursday that Coinbase users can burrow cash loans on up to 30% of their Bitcoin holding. The feature will be […]

CoinMarketCap, one of the largest coin tracking websites in the industry, has launched CoinMarketCap Earn. In a press release shared with CryptoSlate, the company said that the platform would enable users to earn cryptocurrency rewards for watching educational content and completing quizzes. The first crypto asset to be featured on the platform will be Band […]

Chainlink’s price has flashed signs of intense strength in recent weeks, with each pullback being aggressively bought by bulls. This pattern has allowed it to rally up to fresh all-time highs that were set early today, with the cryptocurrency now finding some stability as its price hovers just below these newly formed highs of $16.00. […]