News

After facing some overt weakness earlier this week, Cardano’s bulls have come back swinging, propelling ADA up by nearly four percent as the aggregated crypto market flashes some signs of weakness. Today’s upswing coincides with a trend of the cryptocurrency breaking its correlation with Bitcoin. If this trend persists in the near-term, it could continue […]

China’s surging ahead with its blockchain aspirations even as the world grapples with the basic regulation around distributed systems and digital currencies. Moving into public blockchains A fund manager revealed Sunday the country will soon onboard Ethereum to its ambitious Blockchain Service Network (BSN) project, as part of a broader push to leverage blockchain technology […]

Hackers made away with $500k worth of Wrapped Ether, Chainlink, and Synthetix from Balancer pools early on Monday, after a deflationary token model was taken advantage of. Balancer addressed the issue soon after, confirming the hack and stating the protocol was not compromised. All other tokens remain unaffected, and the exchange continues to function. On […]

It’s been a tough past few years for many crypto altcoins. Consider Bitcoin dominance — the percentage of the cryptocurrency market’s value made up of BTC. That metric is up to 66 percent from the ~35 percent lows set at the peak of 2018’s crypto bubble. The poor performances of altcoins are even more striking […]

The past few weeks have seen Ethereum’s decentralized finance ecosystem explode. Due to a series of events, such as a search for yield, the launch of Compound’s COMP, amongst other trends, DeFi has seen an uptick of users. Data shows that even some Bitcoin holders are wanting in on the DeFi craze, tokenizing their coins […]

CryptoSlate recently had the opportunity to chat with Pavel Bains, the CEO of Bluzelle – the decentralized database for the new internet. Pavel is an expert in digital media having worked with Disney, Microsoft, Warners Bros, DreamWorks. Pavel is also a frequent contributor to Forbes, Huffington Post and Fast Company, writing articles in the areas […]

For a brief period yesterday, it seemed as though Bitcoin was making a trend-defining movement that would mark a resolution to the extended period of sideways trading that the crypto has faced over the past several weeks. This movement – like most seen over the past few weeks – proved to be fleeting and has […]

Cardano (ADA) has been one of the hottest cryptocurrencies throughout 2020, posting gains that have only been rivaled by Tezos and Chainlink. Increased usage rates and notable development progression has helped drive this uptrend, allowing the cryptocurrency to climb over 270 percent from its March lows. There are a few critical factors that could influence […]

Grayscale Trust, the institutional vehicle for accredited investors to get exposure to cryptocurrencies, has been making the rounds in crypto circles recently for seemingly cornering the Bitcoin market. Reports confirm the entity has been buying over 70 percent of all Bitcoins produced each week, with last week’s stash alone exceeding 19,000 BTC. This leads to […]

If you’ve been following Ethereum over the past few months, you’ve likely heard of EIP-1559. EIP, of course, standing for Ethereum Improvement Proposal — a design document outlining a change/new feature to the blockchain. In short, the proposal will change how transaction fees work on the crypto network, making fees more predictable while burning ETH […]