News

MakerDAO, a decentralized autonomous organization that provides crypto collateralized loans, polled its community on whether to increase interest rates and by how much. The community voted to increase rates by the maximum that was proposed, 4.0 percentage points, raising rates to 7.5 percent. If successfully executed, this would be the third rate increase within the […]

Cardano has successfully deployed its 1.5 mainnet, bringing the protocol a step closer to proof-of-stake consensus that “matches the security guarantees of proof-of-work protocols such as Bitcoin.” The update also includes a number of other optimizations, primarily around the blockchain’s crypto wallet, Daedelus. On Mar. 21st, Cardano deployed its 1.5 mainnet. The release is the […]

CryptoSlate conducted an interview with Patrick Larsen, CEO and co-founder of ZenLedger.io—a cryptocurrency tax software company. He describes his outlook on web 3.0, data privacy, crypto-economics, and the Fortune 50’s outlook blockchain. Background on Patrick Larsen Patrick Larsen studied material science chemistry at the United States Air Force Academy and holds an MBA from the […]

Jack Dorsey—the CEO of Twitter and Square, announced “Square Crypto”—a team Dorsey is assembling to work full-time on improving the Bitcoin and cryptocurrency ecosystems “independent” of Square’s business objectives. He is currently looking to hire up to four developers and one designer for the team. On Mar. 20th, Jack Dorsey announced the launch of Square […]

The US Securities and Exchange Commission (“SEC”) has recently stepped up its enforcement actions against virtual currency exchanges and Initial Coin Offerings (“ICOs”) that violate federal securities laws. Due to the highly technical nature of virtual currency and its underlying technology, the area long operated as a sort of financial Wild West, with consumers and […]

Stellar Lumens was recently leveraged in IBM’s blockchain solution, World Wire, which uses the technology to help eliminate intermediaries involved in cross-border money transfers. Following the announcement, the price per lumen rose 7.3 percent. Stellar Lumens (XLM) is an open-source cryptocurrency, similar to XRP, that aims to facilitate remittances by creating a platform that connects […]

Digitec Galaxus AG, Switzerland’s biggest online retailer with nearly a billion dollars in annual revenue, has integrated various crypto assets including bitcoin as a payment option. The announcement, which was first reported by Watson, a major Swiss publication, was later confirmed by the Digitec team through its official blog. A roughly translated statement from Digitec […]

McDonald’s in the Philippines has partnered with LoyalCoin to provide a cryptocurrency-based rewards program for customers. Now, users of the app can spend crypto on transactions at McDonald’s for rewards. Downloading the LoyalWallet App is now more rewarding! Follow the steps below and get a free Burger McDo:Step 1:… Posted by LoyalCoin on Monday, March 18, […]

VISA is recruiting project managers to work on its crypto team. A recent job posting indicates the company is searching for a full-time technical product manager position familiar with blockchain for the company’s Palo Alto-based location, VISA Fintech. VISA Seeking Blockchain Candidates According to the job description, VISA is looking for candidates who are knowledgeable and experienced […]

Today, Craig Wright—a computer scientist who claims to be Satoshi Nakamoto (to the skepticism of many) and one of the figureheads behind BCH fork Bitcoin SV—allegedly deleted his Twitter account after sustained heckling from spoof accounts, including Fake-toshi Bot. Background on Craig Wright (“Satoshi Nakamoto”) Craig Steven Wright is an Australian computer scientist who is […]