News

Crypto-based centralized finance (CeFi) platforms appear to be the beneficiary of the economic events seen throughout the past fiscal quarter. According to a recent quarterly update, popular CeFi platform BlockFi saw a 100 percent revenue surge in Q2 2020, signaling that users are increasingly turning away from traditional avenues to fulfill their financial needs. The […]

There’s been a lot of money made in Ethereum’s decentralized finance (DeFi) sector over recent weeks. Tokens related to DeFi have literally surged hundreds of percent. Also, users have found ways to leverage protocols such as Compound and MakerDAO to make an annualized return above 100 percent.  Thus far, the growth in DeFi has largely […]

IOHK, the company behind the Cardano blockchain, has announced that it had signed an agreement with Coinbase Custody. The partnership will allow ADA holders to hold their funds in Coinbase’s custody solution while retaining their ability to delegate their stake, the company said in a press release shared with CryptoSlate. New opportunities for ADA holders […]

Ethereum’s price action over the past several weeks has proven to be highly disappointing for investors, as it has been underperforming both Bitcoin and many of its other peers despite it seeing unprecedented fundamental strength. Many analysts are now debating whether or not the decentralized finance sector – which has been driving the cryptocurrency’s fundamental […]

Huobi, one of the world’s largest crypto exchanges by market cap, is now running a Chainlink (LINK) node on its Wallet service, the firms announced in a release Thursday. Additionally, the exchange is making all its exchange data available on Chainlink’s smart contracts — which developers and applications can access via oracles. Actualizing price fees […]

It has been an exciting week for Cardano, with the ongoing rollout of the Shelly public mainnet electrifying the ADA community and sending the token’s price rocketing higher. The transition to Shelley is expected to increase the blockchain’s scalability and decentralization – two components vital to its future success. The CEO of Cardano’s parent company, […]

Popular non-custodial wallet MetaMask announced it will roll out a Version 8 update for the wallet in the coming weeks, promising increased privacy, a better UI, and other user-centric features. The wallet is popular on all DeFi exchanges and applications and may see increased installations as the broader DeFi sector grows. If you’ve used UniSwap, […]

If you’ve followed the crypto market over the past months, you’ve likely noticed what many others have: a majority of the best-performing altcoins are based on decentralized finance (DeFi). The image below from crypto analyst Taha Zafar depicts this trend well. While two weeks old, the table shows that as of the time of his […]

Bitcoin, and the cryptocurrency market, has largely traded in a tight price band since an initial rise in early-2020. Fund managers have taken note and are actively considering BTC as a hedge against global markets. In fact, the traditional markets are, as Ethereum’s Vitalik Buterin puts it, turning into what the world thought crypto-markets would […]

Cardano’a parent company IOHK started off the Shelley Virtual Summit with 5 major announcements, unveiling some of the innovations that were made possible by the public mainnet launch of Shelley, including its identity solution PRISM, a new model for governance on Voltaire, as well as a $20 million fund aimed at dApp development on Cardano. […]