News

Bitcoin transactions are approaching all-time highs while fees remain low. The number of transactions conducted in April is comparable to the peak of the market in December of 2017, yet total BTC fees decreased by 85 percent. What changed? Bitcoin Transaction Fee History Transaction fees on the Bitcoin network rose to absurd levels during 2017. […]

Consistent with our goal of becoming the front page of crypto, we have rolled out a slate of new features to help readers stay informed with accurate and reliable crypto data. We are proud to introduce proprietary sector data, trusted volume, and network value to transaction (NVT) ratios for hundreds of crypto assets. CryptoSlate’s mission […]

Legal representatives for Bitfinex and Tether confirm the widely held suspicion that USDT is not one-to-one backed by US dollars. Court documents confirm tethers are only 74 percent backed, and those holding tokens are “subject to the risk of default, insolvency, inability to collect, and illiquidity.” Coming Untethered In February of 2019, Tether updated the […]

Mysteriously, 25 percent of mined Bitcoin Cash blocks are being tagged with “Satoshi Nakamoto.” Given the May 15th hard fork as part of a scheduled protocol upgrade, it is rumored that the tagging is a miner signaling 51 percent attack. Since Apr. 25th, beginning at 03:22 PDT, blocks began to appear on the Bitcoin Cash […]

On April 30, Tesla CEO Elon Musk mysteriously tweeted “Ethereum,” engaging with Ethereum co-creator Vitalik Buterin. Ethereum — Elon Musk (@elonmusk) April 30, 2019 Almost immediately after the release of Musk’s tweet, the interest in Ethereum on major search engines including Google spiked, most likely as it drew interest from the mainstream. Google search trends […]

Vitalik Buterin asserted that finance is likely the first sector that will be disrupted by blockchain. The advent of decentralized finance (DeFi)—with projects such as MakerDAO, Augur, Uniswap, and Etherisc—has the potential to disrupt the “insanely inefficient” sector. Is DeFi Ethereum’s Killer App? Vitalik Buterin said while delivering a talk at ETHCapeTown 2019: “If you […]

NEO announced its roadmap for the 3.0 version of its blockchain, which will introduce improved scalability, performance, and stability for the network. These features are not backward compatible and NEO will launch its 3.0 blockchain from a genesis block—compelling users to swap their tokens. Migration Plan To encourage migration to the new blockchain, NEO will […]

Tether, the leading stablecoin, recently unpegged from the US Dollar after news that the New York State Attorney General is investigating iFinex Inc., which operates Bitfinex and owns Tether Ltd. USDT dropped as low as $0.975 against the US Dollar while the other top three stablecoins—USDC, TUSD, and PAX—enjoyed an approximately 6.5 percent premium. Tether […]

On Apr. 26th, Washington State Governor Jay Inslee signed SB 5638—an act “recognizing the validity of distributed ledger technology”—into law. The Act encourages the development of blockchain, recognizes its use in commerce and digital signatures, and amends legislation to provide definitions for the technology. The original purpose of the Washington Electronic Authentication Act was to […]

Jaguar Land Rover is testing a “smart wallet” using IOTA; If launched, vehicle owners would be rewarded for sharing driving data and could “pay for tolls, parking, and charging for electric cars” using the cryptocurrency, according to Reuters on Apr. 28th. IOTA is a distributed ledger that, unlike Bitcoin which leverages a blockchain data structure, uses a directed […]