News

Two prominent, China-based cryptocurrency businesses are undergoing contrasting fortunes; while Bitmain is facing flak for several inconsistencies in its investor deck and competition from mining rivals, the Bitcoin Mercantile Exchange (BitMEX) just moved into the world’s most expensive office. Bitmain’s Falling Fortunes Bitmain’s rise to the top has been nothing short of spectacular as well […]

With more Bitcoin ETF decisions on the horizon, cryptocurrency traders are adopting new methods to forecast upcoming rallies–including trader Jacob Canfield, who has developed a Bitcoin indicator that uses CNBC tweets to predict prices. CNBC Tweets Contradictory to Price Action Canfield’s Bitcoin indicator displays a Bitcoin price chart labeled with bullish and bearish CNBC tweets, […]

The cryptocurrency market is rebounding following a bearish month, and while many coins haven’t seen any significant gains this week, a select few have. Below, CryptoSlate takes a closer look at why VeChain (VET) and Ontology (ONT) have both gained over 50 percent this week. VeChain (VET) VeChain, the 19th largest cryptocurrency by total market cap, has […]

WeChat, the Chinese messenger app owned by Tencent, has banned several blockchain and cryptocurrency media accounts. Jinse, which is supported by Node Capital, and Deepchain, a website backed by multiple token funds, were both affected by the ban, according to China-based finance news outlet Lanjiner. On Jinse’s official WeChat account, a post disclosing that the account […]

The South Korean National Assembly has kickstarted an “extraordinary” meeting for discussing ICO regulation, cryptocurrency and blockchain frameworks, as well as other steps to support optimal growth of the digital assets sector, Business Korea reported. Korea’s Cryptocurrency Push The Korean government is swiftly taking steps in the cryptocurrency sector as it looks to bolster its […]

Retail investors have long awaited a Bitcoin ETF to draw in an influx of new institutional capital. On Aug. 22, the SEC denied nine Bitcoin ETF proposals from ProShares and Direxion. This article was co-authored by Avi Felman and Jonathan Kim. Update: A previous version of this article stated that the SEC filed seven rejections. The […]

A copycat Ethereum application on Google Play came under scrutiny earlier this week–scamming users under the pretext of selling them 1 ether, without selling any actual ether. Several users were tricked into buying the non-existent token, according to Hard Fork. ETH Hopefuls Scammed Currently trading at $285, ether trades on all popular cryptocurrency exchanges and […]

Dogecoin’s much-awaited bridge to the Ethereum blockchain will soon be released following a 13-month long development period, according to the Medium blog. The update will make moving DOGE to the Ethereum network possible and in a seamless manner. ETH-DOGE Join Hands Taking inspiration from Ismael Bejarano and Oscar Guindzberg’s innovative Superblocks protocol, which merges transactional hashes […]

Once a unified front, the leadership of Bitcoin Cash has fractured into warring factions, and it appears that it’s headed toward not one, but two contentious forks. In this, we’ll review Bitcoin’s history, from its first hard fork to the details of Bitcoin Cash’s upcoming three-way split. 2009 – The Genesis Block In January 2009, […]

Last month, Tron Foundation CEO Justin Sun acquired distributed technologies giant BitTorrent. Recently revealed, BitTorrent founder Bram Cohen has confirmed that he left the company ahead of its acquisition. Update Aug. 22: An earlier version of this article misstated that Bram Cohen left BitTorrent after the Tron acquisition. Tron has confirmed that Bram Cohen left […]