News

The Bitcoin Lightning Network has seen strong growth, surpassing 30,000 channels and close to 7,000 nodes in 2019. The network has reached new levels of capacity, currently supporting 738 BTC. When combined with endorsements from Twitter CEO, Jack Dorsey, support for the network doesn’t seem to be slowing down. Lightning Network Reaches Unexpected Heights Created […]

Since its launch, EOS has faced many challenges, including various security-related issues, several of which have resulted in EOS token holders losing large amounts of funds. EOS, a third-generation blockchain-based cryptocurrency platform designed to enable the “vertical and horizontal scaling of decentralized applications,” has “at least 260 projects being built” on its network. That’s according […]

There is mounting evidence that there is more to the QuadrigaCX incident. Coinbase CEO Brian Armstrong is suspicious, Kraken suggestively announced $100,000 for tips, and Bloomberg recently reported that Quadriga’s cold wallets “have been empty since April.” Activity from cryptocurrency figureheads and evidence coming from Canadian authorities could suggest there is more to the story […]

Coinhive, the company behind the leading in-browser cryptocurrency miner—which is used in numerous crypto jacking campaigns—will be discontinuing its service. The company announced the news on Feb. 26th, saying that the last Monero hard fork impacted the software’s profitability and left the entire project economically unviable. Coinhive Service to Shut Down Coinhive, a popular in-browser […]

Bitcoin has ended a six-month streak of losses, closing February up 11 percent. This is the fifth consecutive year Bitcoin has closed February while in the green. While some day traders are using the opportunity to take profits, others are going long with the belief that the bear market could be coming to an end. […]

XRP is now available to retail investors on Coinbase and the Coinbase iOS and Android mobile apps. The move comes shortly after the exchange listed XRP on Coinbase Pro, its trading platform designed for more sophisticated users. On Feb. 28th, Coinbase announced that users will now be able to buy, sell, send, and receive XRP […]

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 […]