News

Nervos, one of China’s biggest blockchain and crypto projects, announced the launch of its own token standard, the sUDT, today as per a release shared with CryptoSlate. Since its launch last year, Nervos has made significant improvements to its infrastructure to support a wide range of DeFi applications, from payments and lending solutions to decentralized […]

Institutional Bitcoin products are booming as the pioneer cryptocurrency sees bullish price action. A report shared with CryptoSlate from crypto research firm CryptoCompare found that the aggregate volumes for popular Exchange-traded Products (ETPs) surged 53% this year with several products demonstrating “above-market” returns.  Of these, Grayscale’s popular Bitcoin Trust product surpassed $9 billion in market […]

The adoption of Bitcoin is taking place at an extremely rapid pace. While the jury is still out on how a likely Biden presidency will affect the cryptocurrency space, soon, there will be one of this industry’s own sitting in one of the highest seats in U.S. politics. Incoming Wyoming Senator (Senator-Elect) Cynthia Lummis recently […]

It appears that “aping” into new decentralized finance (DeFi) coins is back in vogue with Bitcoin pumping, Ethereum moving towards its summer highs, and money moving right down the DeFi risk curve. A new Ethereum-based coin has surged 3,000 percent in the past week. ZLOT surges 3,000 percent in a week One of the biggest […]

ConsenSys, the largest Ethereum venture production studio, has acquired Truffle Suite, the company behind one of the most widely used blockchain developer tools. In a press release shared with CryptoSlate, the company said that the addition of Truffle to ConsenSys will provide enterprise customers with a wider array of services and a slew of high-quality, […]

Bitcoin achieved its highest price since January 2018 across major exchanges, seeing a massive rally as over-the-counter (OTC) deals grow. This trend shows that institutions and high-net-worth are actively accumulating BTC. Throughout November, on-chain analysts, including Willy Woo, said the ongoing rally is being led by smart money. The rise in OTC deals and the […]

No one is safe from the ever-growing wave of decentralized finance (DeFi) exploits, not even prominent technologists and investors. Today, an up-and-coming DeFi protocol built on Ethereum by prominent Silicon Valley developers such as Yu Pan, a founding member of PayPal and the earliest Youtube employee, was attacked with a flash loan. This is the […]

The token that rallied 64,000% in 2020 might see more price spikes ahead after a recent proposal was passed this weekend. Yearn.finance, the decentralized credit lending, loans, swaps, and yield aggregation protocol, saw its latest proposal — the YIP-54 — passed by its community members on Sunday that allows the protocol to buyback YFI from […]

In the world of traditional finance, traders rely on credit, making plays across multiple exchanges from one pool of collateral managed by prime brokers. Meanwhile, digital asset traders are often forced to fully fund nearly all their trading activity — committing capital to unregulated exchanges with shallow liquidity,  where they are exposed to high levels […]

It appears that we’re in the part of the Bitcoin bull run where celebrities want in on our favorite orange coin. Joining a number of other prominent celebrities, “Game of Thrones” star Maisie Williams recently asked her Twitter followers if she should buy the leading cryptocurrency. Arya Stark actress asks if she should buy Bitcoin […]