News

Algorand (ALGO) is the worst-performing major crypto of the year, having dropped more than 90 percent since January 2019. The company’s token sales and ambitious decentralization goals drastically reduced the community’s confidence in the project, as many criticized its overvalued market capitalization. Ambitious Algorand soars too high Algorand, a Boston-based blockchain company created to improve […]

DappRadar, a data provider of decentralized applications (dApps) running across multiple protocols, announced that it will be adding WAX into its platform. Tracking trends in the WAX protocol WAX stands for World Asset eXchange. This is a decentralized platform that enables anyone to operate a fully functioning virtual marketplace with zero investment in security, infrastructure, […]

The Maker Foundation is introducing a new security proposal after a well-known software engineer revealed that a malicious actor with enough Maker (MKR) could steal all of the collateral in MakerDAO, taking with him over $340 million. The art of the heist In a recent Medium post, freelance developer Micah Zoltu revealed that anyone with […]

CryptoSlate recently had the opportunity to chat with Rosh Singh, the CEO and Co-Founder of Quadency, a New York-based technology startup building digital asset trading and portfolio management tools for retail and institutional investors. Singh is a seasoned technology entrepreneur experienced in creating innovation fintech products for FX and crypto markets. In the interview, we […]

The digital token of Ethereum-based payments company Matic lost almost 75 percent of its value in a matter of minutes after two weeks of massive appreciation. While the matter is still being investigated, both Matic and Binance said that it wasn’t a pump and dump scheme, but a result of a panic cycle caused by […]

Two of the largest Ponzi schemes in the history of the cryptocurrency industry could be behind the bearish momentum that Bitcoin has seen in the last few months, according to a renowned fund manager. Ponzi schemes are cashing out After trading at a high of nearly $14,000 in late June, Bitcoin plunged over 50 percent […]

StormX has ventured into the eCommerce space with the launch of its second product, StormShop, a rewards platform allowing users to shop online and claim up to 30 percent back in crypto from brands including Microsoft, Macy’s, and Groupon. The Seattle-based startup debuted in 2014 with its crypto rewards microtask platform, Storm Play, which has […]

The much-awaited Bitcoin cash-settled monthly futures from Bakkt launched on Dec. 9, recording a volume of 1250 BTC at press time. This is a sharp contrast to the 72 BTC Bakkt saw traded on its futures debut earlier in September, which means that the company could be taking over a significant part of the market. […]

HEX, a new cryptocurrency that claims to be the first high-interest blockchain certificate of deposit, is facing significant backlash after different analysts argue that the project was launched mainly to enrich its founder. The new crypto on the block On Dec. 2, Richard Heart, a blockchain thought leader and cryptocurrency investor, launched a new cryptocurrency, […]

Trade volumes on LocalBitcoins (LBC) have hit a new all-time-high in Argentina, having spiked days after President Trump’s announcement that the U.S. intends to place tariffs on Argentinian metal imports. The new high comes as the climax to a year of rising BTC volumes on local exchanges in Argentina, widely assumed to have been triggered […]