News

Compound’s meteoric rise in the crypto-space is coupled with the rise of DeFi tokens and retail traders chasing the next moonshot. COMP, Compound’s native token, rose over 600 percent from a listing price of $61 to over $350 on June 21, before steadily falling to its current $195 level. At press time, COMP is a […]

Prior to the pandemic, it was a common narrative in crypto space that Bitcoin was immune to any macroeconomic and geopolitical issues. In fact, many argued that chaos, at least in some forms, is what drives BTC higher. Yet, if the cryptocurrency market’s brutal crash in March says anything, it’s that this sentiment may not […]

Binance, one of the largest crypto exchanges in the world, has officially received the third ever branded Twitter emoji in the industry, after Bitcoin and Crypto.com. Binance celebrates third birthday with a branded Twitter emoji After payments platform Crypto.com became the second cryptocurrency to get its own emoji on Twitter, the community was abuzz with […]

Cardano’s ADA has done extremely well in 2020 in terms of price action. As reported by CryptoSlate previously, crypto research firm Messari found that ADA is the best-performing smart contract coin, rallying 150 percent higher this year. For context, BTC is up by ~25 percent since the start of the year. Stepping back even further, the […]

For Norway’s huge following of climate change and sustainable farming activists, blockchain technology may hold an answer. Last week, the Norwegian Seafood Association (NSA) said it is partnering with IBM for the latter’s enterprise blockchain solution “Transparent Supply” — changing how its billion-dollar fish industry will operate moving forward. Salmon—now blockchain-tagged Norwegian Salmon is a […]

Cardano (ADA) has been on a hot streak as of late, incurring intense upwards momentum that has allowed it to garner a trend independent of the aggregated crypto market. The token incurred some parabolic momentum today that allowed it to post a whopping 12 percent surge. This move comes as Bitcoin continues consolidating within the […]

Tezos, like most other cryptocurrencies, has been caught within the throes of an extended bout of sideways trading as it hovers within the mid-$2.00 region. The token’s intense upwards momentum seen throughout the past few months has stalled in recent times, and it is now hovering just above what appears to be a crucial horizontal […]

The University of California at San Francisco (UCSF) paid out over $1.14 million in Bitcoin to hackers earlier this week, days after their data was held as ransom by a group of unidentified individuals. Authorities are monitoring transactions and have passed the case on to relevant cyber-crime officials, as per reports on Tuesday. UCSF affected […]

Weeks after the Bitcoin halving in mid-May, miners are seemingly moving out of China and into Europe — with one prominent mining pool stating geopolitical tensions between the U.S. and China are a major catalyst. Losing “inertia” F2Pool, one of the world’s largest Bitcoin mining pool as per data on BTC.com, said in a tweet […]

A previous Compound proposal for COMP yield farming caused a mess in the DeFi market, pushing users to yield farm only in the markets with the highest interest rates. This has caused Compound to soak up over 80 percent of BAT’s liquid supply, reducing the amount borrowed from other protocols such as UADT, WBTC, and […]