News

Cash App, Square’s popular payments app, sold a record high $52 million worth of bitcoin in the last quarter of 2018. Cryptocurrency sales on the app have steadily increased through the course of 2018 despite the bear market, which could indicate growing retail interest. Cash App Releases Annual Shareholder Letter While we are yet to see a […]

Ledger, a French cryptocurrency hardware wallet manufacturer, has faced criticism for failing to conduct proper testing before launching a firmware update to their Nano S wallet. While the company said that the update, which significantly decreased the device’s storage, was the result of a mistake, some users speculated it was part of a scheme to […]

TomoChain founder and CEO Long Vuong joined CryptoSlate for an interview to discuss how he is building a smart contract platform with high transaction throughput, low latency, and “near-zero” fees. He also elaborates on the differences between his blockchain and Ethereum, EOS, and TRON. Primer on TomoChain TomoChain (TOMO) is a blockchain protocol based out of Singapore that […]

Recent data shows that Bitcoin adoption has increased by over 700 percent over the past 6 years worldwide, according to Bitcoin directory service provider Coinma. In contrast, an older survey shows that online shoppers are still reluctant to pay using cryptocurrency, but trends indicate that this could be changing. On Feb. 16th, Kaspersky Labs, a […]

Cryptocurrency wallet Coinomi has once again become involved in a security scandal, with a security consultant claiming to have found a vulnerability in the service. Allegedly, the service would send wallet seed phrases, the backup information needed to recover a crypto wallet, to servers unencrypted—allowing hackers to potentially intercept the data and steal a user’s […]

Brave users can now redeem Basic Attention Token for real-world rewards from over 250,000 brands including Amazon, Apple, Starbucks, and Uber. The new feature comes from a partnership, announced Feb. 26th, with TAP Network, a blockchain based digital advertising platform. Brave Partners with TAP Network Brave Software is a  privacy-focused browser looking to change the […]

Stablecoins are the latest innovation to emerge over the past year and have the potential to revolutionize not only virtual currency markets but to also become a new mechanism for worldwide commerce. Will stablecoins become the mechanism for stability and liquidity in the ecosystem? The world banking system is viewed by its stakeholders as the […]

Nasdaq, the world’s second-largest stock exchange with a market capitalization of over $10 trillion, is in the final stages of launching its XRP “Ripple Liquid Index” (RLX) and has successfully launched Bitcoin and Ethereum Liquidity Indices (BLX and ELX) as of Feb. 25th. At present, Nasdaq supports over 4,000 global indices and it recently partnered […]

The launch of Binance’s decentralized exchange and JP Morgan’s proprietary cryptocurrency, JPM Coin, have raised fundamental questions about where the crypto industry is headed. Both products fall short of traditional definitions of decentralization, and instead, stake territory somewhere between the Facebooks and the Bitcoins of the Internet. JPM Coin and the Definition of Cryptocurrency When […]

XRP was trading up at approximately 7 percent 15 minutes after the announcement, proving once again that Coinbase listings have a material effect on the price of a cryptocurrency. What was less expected was the small rally in the hours leading up to the announcement, which may indicate insider accumulation. Coinbase announced on Feb. 25th […]