News

It’s been a boring past few weeks in the crypto markets. As CryptoSlate has covered, Bitcoin, Ethereum, and a majority of altcoins have effectively flatlined. Yet data shows that investors, at least investors in ETH, are shaking off the uncertainties in the markets, accumulating as fast as they can. Ethereum investors continue to stack millions […]

Bitcoin and other cryptocurrencies may be predicated on decentralization, but the industry still has entities and assets that are of systemic importance. According to an ex-Messari executive and analyst in the space, there are three companies that, “if something catastrophic happened to them today, would cause a tsunami in crypto markets.” These companies aren’t exchanges […]

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 […]