News

Cryptocurrencies and traditional financial institutions have a complicated relationship. To use a sports metaphor, crypto is the inexperienced rookie ready to make its mark, and big banks are a trustworthy veteran. They provide steady performance and reliability that only stems from experience, but that doesn’t always mean they are the best option. In most circumstances, […]

In a piece of welcome news, a beta version of Bitcoin’s Lightning Network has just been released for use to the public. The news was broken by Lightning Labs, a Bay Area-based digital startup, via their official blog post. The goal of this new technology is to facilitate smoother BTC and LTC transactions without any […]

The cryptocurrency market is currently in a spasm of uncertainty as recent industry news sparks an ongoing selloff that has resulted in Bitcoin slipping below the $8,300 level in a one-month low. The recent announcement of Google’s ban on cryptocurrency advertising combined with movement from the US that implies a potential “crypto crackdown” has many […]

Crypto exchanges have been in the news a lot lately, and not for the right reasons. Last week, Japanese regulators halted operations on several high-profile exchanges amid concerns about their security protocols. The move followed a severe hack on Coincheck, a Japan-based crypto exchange, that was victimized in January. In an official statement on their […]

Spanish banking giant BBVA has released a statement saying that their recent crypto tests involving Ripple have been successful. A bank spokesperson from BBVA has reached out to CryptoSlate with the following clarification: BBVA is interested in innovation in cross-border payments, especially given our footprint in Europe, Mexico, USA and Latam. BBVA is an active […]

Cryptos came to Capitol Hill on Wednesday this week, with a subcommittee of the U.S. House of Representatives Financial Services Committee holding a hearing entitled “Examining Cryptocurrencies and ICO Markets.” The hearing, which marked the first time Congress tackled the regulatory issues surrounding initial coin offerings, highlighted an apparent schism between US lawmakers regarding blockchain […]

Bitcoin has is often referred to as “digital gold”, with both assets sharing a number of similar characteristics. The CEO of Austria’s biggest Bitcoin broker, however, has recently recommended the implementation of a regulatory framework for Bitcoin that mirrors that of precious metals. Eric Demuth, the CEO of Bitpanda — one of the largest cryptocurrency […]

Facebook announced at the end of January that cryptocurrency, ICO and binary option ads are now banned from its platform. Google mirrored this move on Tuesday and announced that they will also have a ban on cryptocurrency advertising that will go into effect from June 2018. Facebook and Google account for approximately 73% of digital […]

Leading cryptocurrency exchange Binance has recently announced the impending launch of a tailored blockchain as the first step in the development of a decentralized exchange, or DEX. Based in Hong Kong, Binance is currently the number one exchange in the world and boasts over $1.5 billion in daily volume. The exchange announced the official launch […]

Some of Bitcoin’s most significant challenges revolve around the lack of equity in governance. Decentralized currencies should distribute power evenly across their networks. Despite this, it seems as though miners currently have too much power. These are the issues that Decred aims to solve. Short for ‘Decentralized Credit,’ Decred is a hybrid Proof-of-Work, Proof-of-Stake system […]