News

The development of Central Bank Digital Currencies (CBDC) has blossomed in the past few years, with countries like China in the advanced stages of its digital Yuan and Japan, Korea, and the US in their research phase for their respective fiat currencies. However, this presents a concern for the inclusivity of decentralized cryptocurrencies like Bitcoin […]

Fees on the Ethereum blockchain network are consistently surpassing Bitcoin and industry executives say it could spark a “new paradigm.” Cole Kennelly, who heads growth at Staked, institution-focused decentralized finance (DeFi) firm, said: “ETH fees are consistently materially higher than $BTC fees. A new paradigm.” $ETH fees are consistently materially higher than $BTC fees. A […]

Just recently, top Ethereum decentralized finance project Aave began transitioning its native token LEND to a new token called AAVE. LEND had become outdated as it was named after the project’s predecessor, ETHLend, and lacked certain technical and economic functionalities. While this transition was done was good intentions, it didn’t turn out for everyone. One […]

Ethereum has long been the leading smart contract blockchain after its launch in 2015. It has faced contenders in Cardano, Stellar, and many other blockchains, but as of now, they have yet to make a serious dent into ETH’s market share. This may be changing, though. Bloomberg recently released an article branding the recently-launched Polkadot […]

Curve is by far one of the most popular platforms used for stablecoin swaps, cross-chain interoperability, and synthetic assets. Despite being a brilliant idea and widely used, the CRV governance token has been one of the worst-performing post-launch governance tokens seen by any major platform, with its price diving to fresh all-time lows today. The […]

As crazy as it may sound, one of the most talked-about figures in the Ethereum and DeFi space over recent weeks has been a pseudonymous user called Blue Kirby. After creating his account in July, Blue Kirby, under the guise of a blue version of the Nintendo character Kirby, built up a massive following on […]

Decentralized file-sharing project Filecoin launched last week after years of development and a jawdropping $200 million ICO. But critics and miners are calling it a failed launch. Its fees are turning out a pain point—data shows miner prices to use Filecoin network cost over $40,000 (with hosting and maintenance), in contrast to centralized alternatives like […]

“Ouroboros: A Provably Secure Proof-of-Stake Blockchain Protocol” has made it to the topmost cited security papers list. According to the latest ranking from Google Scholar, the paper, outlining the proof-of-stake mechanism that underlies Cardano, is the second most cited paper in the cryptocurrencies and blockchain category with 183 citations. Ouroboros among the most cited academic […]

Yearn.finance (YFI) has faced an extreme decline in recent weeks as the once-leading DeFi project has faced a series of shortcomings. As CryptoSlate reported previously, FTX and Alameda Research CEO Sam Bankman-Fried said that the asset’s decline can be pinned to three factors: The rest of the DeFi market has undergone a strong correction, resulting in […]

The COVER token, originally called SAFE, relaunched after an initial dispute among within founding team. The relaunch of the token garnered attention after it announced Yearn.finance (YFI) creator Andre Cronje as an advisor. Yet, the Ethereum decentralized finance (DeFi) token has seen criticism from the community after it fell 62% due to controversies. In September, […]