News

Bitcoin’s price has been rocked by news of the Commodities and Futures Trading Commission bringing charges against popular margin trading platform BitMEX. One of the platform’s co-founders, Samuel Reed, was arrested at his home in Massachusetts earlier today, potentially facing a maximum prison sentence of five years for violating the Bank Secrecy Act and conspiring […]

The U.S. Commodity Futures Trading Commission (CFTC) has charged the owners of BitMEX with operating an unregistered trading platform and violating multiple CFTC regulations, including failing to meet required AML procedures. According to the lawsuit, five entities and three individuals were charged, which include Arthur Hayes, the co-founder, and CEO of BitMEX, Ben Delo, the […]

Yearn.finance (YFI), Aave (LEND), and Maker have surged 12% to 30% overnight. The decentralized finance (DeFi) market strongly rebounded in a short period, lifting the overall market sentiment. Two factors primarily triggered the resurgence of DeFi in the last 24 hours. First, Bitcoin and Ethereum rallied overnight ahead of the quarterly close. Second, the DeFi […]

Blockstack and Chainlink are joining forces to integrate the Blockstack and Algorand-supported Clarity smart contract language with the latter’s industry-leading oracle technology, according to a release shared with CryptoSlate. Blockchain platform @blockstack is integrating #Chainlink as its go-to oracle solution to empower universally connected smart contracts. Blockstack devs will have access to any API, Sybil […]

It’s been a quiet past few weeks for all markets, Bitcoin and crypto included. Save for some short-term volatility, legacy and crypto markets are rangebound, trading well below local lows. Some analysts like Thomas Lee, co-founder of Fundstrat Global Advisors, is charting a move back to the all-time highs for these markets. But Avi Felman, […]

A recent vulnerability in privacy browser Tor allowed hackers to access users’ Bitcoin funds but using additional features can help avoid those concerns, according to one cybersecurity researcher. Activate encryption Tim Ismilyaev, the CEO and founder of international enterprise security firm Mana Security, told CryptoSlate that even as crypto traders “use Tor to overcome government […]

Ethereum has been the leading smart contract blockchain of the past few years without a doubt: its decentralized applications currently have tens of thousands of daily active users, which have siphoned over $10 billion worth of cryptocurrency into these apps. Many commentators have asserted that considering these trends, Ethereum is likely to be the only […]

YFI – the governance token of the Yearn.finance ecosystem – has been plunging lower throughout the past 24 hours, with it reverting nearly all of its recent gains as buying pressure begins evaporating. Yesterday, the drama surrounding one of the external projects being developed by Yearn.finance founder Andre Cronje helped fuel the token’s ongoing downtrend. This […]

Four years ago, during the last presidential election, the price of Ethereum was hovering at $11. Today, fast forward four years, ETH is valued at $355. Within four years, ETH recorded a 3127% increase against the U.S. dollar. Evan Van Ness, an Ethereum researcher, said: “Four years ago during the #PresidentialDebate, the price of Ether […]

It’s been yet another crazy day for the decentralized finance (DeFi) ecosystem. If you’ve been on Twitter, you likely know of a new Ethereum project called Eminence and the subsequent $15 million hack. Here’s a brief recap of what happened for those not yet in the know. The launch(?) 24 hours ago as of this […]