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Users flocked to Steemit because they wanted an alternative to Facebook and Twitter, which are platforms known for censorship. One of the selling points of Steemit is its immutability via its blockchain and the incentives given to users for participation. However, many learned today that Steemit isn’t so different from these other platforms after all. […]

Cryptocurrency venture capitalist Chris Burniske believes the masses have “entirely forgotten” about digital assets, with his comments coming on the back of a prolonged bear market. Now, seasoned traders, institutional investors, and technological experts are leaving the crypto arena. Goodbye Bitcoin A year after Bitcoin was priced at $20,000 on some exchanges and the cryptocurrency […]

Ethereum Classic experienced a vicious 51 percent attack that allowed attackers to conduct eleven deep chain reorganizations and double-spend 88,500 ETC, worth over $400,000. In response to the attack, the price of ETC has plummeted and services using the cryptocurrency have halted. On Jan. 5th at 13:27 UTC, Ethereum Classic was reorganized at block 7245623, and […]

U.K.-based exchange CoinFLEX plans on offering physically delivered bitcoin futures that can be leveraged up to 20 times, a move that will make them a major competitor to giants such as the New York Stock Exchange and Eris Exchange. Physically Delivered Bitcoin Futures to Hit Asian Markets as Soon as February 2019 A venture owned […]

Leading cryptocurrency wallet company Ledger announced its latest device, the Nano X. The wallet features a Bluetooth functionality and a mobile app for remote management. In response, the crypto community is ablaze with security concerns. Ledger Gets an Upgrade The new Nano X will be unveiled on Jan. 16 at CES. In an interview with Bitcoin […]

A frequently asked question about bitcoin is whether the stock market influences its price, or whether the cryptocurrency acts as a ‘safehaven’ during stock market downturns. The latest analysis by CryptoSlate sheds some light on these questions. Understanding Beta One measurement that can help deduce whether the stock market and bitcoin prices are correlated is […]

The long-planned Ethereum fork is coming on Jan. 16th. With Constantinople going live within weeks,  here’s what is important to know. Constantinople Activating in January Constantinople is one of the key milestones in Ethereum’s roadmap to version 2.0, which moves the protocol from proof-of-work (PoW) to proof-of-stake (PoS). Compared to the larger plan, Constantinople’s changes […]

Major U.S. furniture retailer Overstock announced that it will pay taxes in bitcoin for the Ohio-based portion of its business under the state’s novel taxpayer platform, Ohiocrypto.com. Leading Crypto Adoption The 34th largest U.S. state by area, Ohio, became the first state to introduce tax payments via bitcoin in November 2018. The law extends to workers […]

Ethereum, TRON, and Iota have outperformed most other major cryptocurrencies by the 30-day Sharpe ratio, a measure developed by Nobel laureate William F. Sharpe to evaluate the return of an investment relative to its risk. Meanwhile, Bitcoin’s performance was dismal. Within the last 30 days, the market has experienced a robust recovery after bottoming out […]

The Financial Stability Board, a global inter-governmental body with over 20 member countries, has ruled that virtual currencies are not a threat to the world economy. The assessment could have an impact on India, whose central bank is part of the board. FSB Says Cryptocurrencies Won’t Affect Global Financial Stability While the crypto winter shows […]