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While the Ethereum decentralized finance space has cooled down dramatically since the euphoria seen in August and September, the space is still rife with scammers. In fact, relative to the number of legitimate projects launching, it appears that there are a large number of scams. This much was made clear when a DeFi project that […]

Bitcoin has long been a niche asset only adopted by those on the fringes of society. But this is rapidly changing as institutions have started to enter the cryptocurrency space as they see that there is value in owning BTC and other digital assets. Andrew Kang, the founder of DeFi-focused crypto fund Mechanism Capital, recently […]

Ethereum yield farming has declined dramatically over recent weeks as retail investors have seemingly sidelined their capital and as the price of leading DeFi coins has moved dramatically lower. Curve DAO Token (CRV), for instance, has plunged in excess of 90 percent since its all-time high price established just around two months ago. Yield farming, […]

It’s clear that the bull trend that transpired in the summer is over: Bitcoin, Ethereum, and other top coins have entered a strong consolidation pattern over recent weeks. BTC, for instance, has traded in a $1,000 range for the past six weeks. But investors don’t think now is the time to relax: a fund manager […]

Blockchain payments provider Ripple launched its “Line of Credit” service yesterday to cater to customers using On-Demand Liquidity (ODL) to source capital on-demand to initiate cross-border payments at scale using the digital asset XRP. The service provides quick access to capital using a simple credit arrangement system, creating a financial service that ensures inclusion and […]

In August and September, the decentralized finance (DeFi) space was in a state of frenzy: random food farming strategies were yielding tens of thousands of percent APY while more reputable pools, paying out coins to thousands of users, was generating yields on orders of magnitude higher than bank accounts. Yields have crumbled over recent weeks, […]

Fetch.ai, a Cambridge-based artificial intelligence lab building an open-access decentralized machine learning network for smart infrastructure, announced yesterday that it had successfully completed a mainnet integration of Chainlink, as per a release shared with CryptoSlate. Fetch.ai is Chainlinked As the most widely used decentralized oracle network, Chainlink’s Price Reference Data allows users to verify the […]

BitMEX has long been a polarizing platform within the crypto industry, with it being the trading venue of choice for those utilizing margin, while also contributing to some of the most precarious price movements ever seen by Bitcoin. One such example would be March 12th – otherwise known as Black Thursday – during which time […]

Square Inc. has announced today that it has purchased 4,709 BTC for approximately $50 million, allocating around 1 percent of its total assets as of Q2 2020 to Bitcoin. The payments company, founded by Twitter’s CEO Jack Dorsey, said that it intends to participate in growing Bitcoin’s adoption. CashApp’s parent company Square invests $50 million […]

Web-scale blockchain network Solana, which boasts over 2 billion transactions since its introduction in March 2020, announced ‘Wormhole,’ a secure, trustless bridge connecting Ethereum to Solana, in a release shared with CryptoSlate. A cross-chain Ethereum bridge  Built in partnership with Certus One, Wormhole is the first of many bidirectional cross-chain bridges on Solana. Wormhole connects […]