News

It’s been hard not to hear about decentralized finance — better known as “DeFi” — over recent weeks. This crypto sub-sector, largely tied to Ethereum, is all over 4chan, Twitter, and crypto news sites like the one you read now. This is for good reason: due to the introduction of the Compound (COMP) and Balancer […]

Ethereum has been incurring intense fundamental strength in recent times. Much of this strength has come about as a result of the growing popularity of decentralized finance, which has ushered a significant number of new users into the ETH ecosystem. It still remains unclear as to whether or not DeFi is a lasting sector within […]

Cardano’s proof-of-stake protocol is set to bring about unprecedented decentralization, but the mechanisms that drive it are still a mystery to many. Cardano’s chief scientist professor Aggelos Kiayias dove deep into Ouroboros and detailed the principles on which the ambitious protocol is based on. The problem of building decentralized systems Persistence and liveness—these are the […]

After ICOs in 2018, DeFi applications are seemingly positioning themselves to be the next 100x coin baggers in 2020; complete with shiny websites, world-changing promises, and sparking dreams of early-retirement for those who dare. While the above does not apply to every project, DeFi is now being whispered as the new opportunity in crypto-circles and […]

Akoin, the Stellar (XLM) based blockchain network and cryptocurrency developed by artist Akon, has partnered with healthcare solution provider Jeev to help improve access to healthcare to millions of people in Rwanda and the rest of Africa. In a press release shared with CryptoSlate, the company said that it plans to digitize patient health interactions […]

ETH 2.0, the long-awaited update for Ethereum to shift from a Proof-of-Work consensus protocol to a Proof-of-Stake system, is cobbling along for a release. Rumored to go live in July and then confirmed by co-founder Vitalik Buterin to be a baseless theory, ETH 2.0 remains one of the most sought-after developments in the cryptocurrency industry, […]

The recent growth of the DeFi sector has primarily been driven by the recent launch of Compound, which has seen massive inflows of capital and new users due to the bourgeoning “yield farming” trend. Compound’s launch was highly anticipated and has long been in the works, and it has already been met with significant success […]

In May and early in June, the second flagship fund of Grayscale Investments, the Ethereum Trust, saw a surge in demand. Shares of the trust (ETHE) traded on OTC markets reached an extremely high value as retail investors piled in. At one point, buyers of the trust were buying exposure to ETH at an implied […]

Anonymous messaging platform 4chan, known for its involvement in crypto, has this weird infatuation with decentralized finance (DeFi). As reported by CryptoSlate, an Ethereum-based token rallied literally 10,000 percent in two hours. The move was caused by individuals on 4chan calling the token the “next big thing,” with one likening the coin to Tellor. The […]

Cryptocurrency firms, presumably burnt by the crashing ship that were ICOs, are turning to traditional methods to raise funds and keep themselves in business. Bitcoin miners Canaan and Ebang have already jumped ship, and a Korean crypto-exchange is now turning to share markets to raise funds for its business. Samsung appointed Bithumb, one of the […]