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YFI, the native governance token of the DeFi protocol Yearn.finance, has rapidly become a prominent cryptocurrency despite just launching weeks ago. It made headlines for seemingly being the first cryptocurrency to appreciate 100,000 percent in a week. It also made headlines for becoming the first reputable altcoin to pass the price of Bitcoin. YFI now […]

Miners on the Bitcoin network are facing the highest difficulty they ever have to generate new blocks, data shows. Network difficulty has surged to an all-time high amidst massive interest in the crypto space. However, it also means retail miners, hobbyists, and small-scale firms have to concede hashpower to the larger mining corporations, at least […]

In the latest proposal concerning Bitcoin and crypto businesses, the UK’s top financial regulator, the Financial Conduct Authority, said all firms would be compelled to share reports on potential money laundering. Bitcoin under the scanner According to a document on August 24, the FCA plans to legally oblige UK-based crypto firms to share any suspicious […]

Wouldn’t it be weird if the first thing you saw in your morning newspaper was a massive Bitcoin logo? Well, that’s what happened on Aug. 24, when readers of the popular Hong Kong newspaper the Apple Daily were treated to a full-page advertisement promoting the leading cryptocurrency. Genesis Block: Bitcoin will never ditch you We […]

CryptoSlate recently had the opportunity to chat with Lynn Liss, the Chief Operating Officer and co-founder of Akoin. Lynn has more than 10 years of experience in the social impact sector, having advised, built, and operated innovative business models. She was an early mover in the “blockchain for good” space, providing strategic advice to blockchain […]

The DeFi sector’s growth trajectory isn’t showing any signs of slowing down, as demand for the crypto assets relating to this sector is still quite high. Following the meteoric gains seen by some of the top assets within the sector, return hungry investors have begun setting their sights on smaller “gems” – leading to a […]

Bitcoin has been seeing relatively quiet price action throughout the past few weeks, with the cryptocurrency primarily trading within the upper-$11,000 region as its bulls and bears reach an impasse. During this consolidation phase, futures traders have been opening up a significant quantity of positions, signaling that they anticipate the benchmark crypto to make a […]

Even counting the recent bounce, Ethereum hasn’t performed well over the past week. After peaking at $440 last week, the price of the leading cryptocurrency has slipped around 10 percent lower. At the worst of the rally, the cryptocurrency tapped $380, but Ethereum now trades above $404 as buyers have stepped in across the crypto […]

Polkadot (DOT), a blockchain protocol founded by Ethereum co-creator Gavin Wood, achieved a $3.5 billion market capitalization. It comes merely six days after the protocol enabled DOT for transfers. At block number 1,248,328 on August 21st at approximately 16:40 UTC, DOT underwent a 100x split that would denominate the price of DOT 100x lower than […]

A focus of many decentralized finance projects as of late has been to achieve a state of on-chain governance, where decisions about the direction of the project are made in the purview of all token holders and the public. In a sense, this is true to the goals of crypto proponents, who want to decentralize […]