Ethereum network congestion rockets as ETH supply moves into smart contracts
Cole Petersen · 3 hours ago · 2 min read · Insights via
Santiment 
Glassnode 
Seattle › Adoption
US coffee giant Starbucks turns to blockchain for beans tracking
Coffee fanatics across America can now track their Starbucks bean purchases right to the farms they grew in.
Chainlink › Altcoins
Dave Portnoy says he may “save” Chainlink after LINK dives 25%
Last week, Barstool Sports founder Dave Portnoy exited the crypto market after a brief foray.
Uncategorized 
Sam Bankman-Fried
Onboarding retail investors: FTX acquires portfolio tracker Blockfolio for $150 million
FTX, one of the biggest and fastest-growing crypto exchanges since its launch in 2019, today announced the acquisition of Blockfolio, a crypto portfolio tracking app, for $150 million.
Shaurya Malwa · 4 weeks ago · 2 min read · Insights via Sam Bankman-Fried 
Altcoins
ConsenSys CodeFi unable to handle SKALE’s ICO traffic, cancels auction
CodeFi, a blockchain platform developed by ConsenSys, has canceled the auction of the SKL token due to increased traffic during SKALE Network’s ICO last week.
Bitcoin › Analysis
Google Trends data shows retail investors may soon flood into the crypto market
Retail investors have proven to be a powerful, market-moving force many times over the past several years.
Edge › Bitcoin › Analysis Glassnode
Here are the 3 trends causing exchanges to see massive Bitcoin outflows
Exchanges have been seeing massive Bitcoin outflows in recent months, which has been a rapidly unfolding development seen by many as being bullish for the benchmark cryptocurrency.
Cole Petersen · 4 weeks ago · 2 min read · Insights via Glassnode 
Edge › Analysis
Analysis: Ethereum’s Yearn.finance (YFI) is one of the cheapest coins in DeFi
YFI, the native governance token of the DeFi protocol Yearn.finance, has rapidly become a prominent cryptocurrency despite just launching weeks ago.
Bitcoin › Mining Glassnode
Bitcoin mining reaches its largest difficulty ever, here’s what it means
Miners on the Bitcoin network are facing the highest difficulty they ever have to generate new blocks, data shows.
Shaurya Malwa · 4 weeks ago · 2 min read · Insights via Glassnode 
Bitcoin › U.K. › Altcoins
Bitcoin exchanges might soon share money laundering data in the UK
In the latest proposal concerning Bitcoin and crypto businesses, the UK’s top financial regulator, the Financial Conduct Authority, said all firms would be compelled to share reports on potential money laundering.
Bitcoin › China › Adoption
Full-page Bitcoin ad graces the front page of massive Hong Kong paper
Wouldn’t it be weird if the first thing you saw in your morning newspaper was a massive Bitcoin logo? Well, that’s what happened on August 24, when readers of the popular Hong Kong newspaper the Apple Daily were treated to a full-page advertisement promoting the leading cryptocurrency.
Exclusive › Interview
Akoin co-founder Lynn Liss on building the financial tools for Africa to become a crypto powerhouse
CryptoSlate recently had the opportunity to chat with Lynn Liss, the Chief Operating Officer and co-founder of Akoin.
DeFi 
FTX
DeFi mania continues as crypto exchange FTX launches “Uniswap Index”
The DeFi sector’s growth trajectory isn’t showing any signs of slowing down, as demand for the crypto assets relating to this sector is still quite high.
Cole Petersen · 4 weeks ago · 2 min read · Insights via FTX 
Edge › Bitcoin › Analysis 
Skew 
Josh Rager
Expect volatility: Bitcoin futures open interest surges to new all-time high
Bitcoin has been seeing relatively quiet price action throughout the past few weeks, with the cryptocurrency primarily trading within the upper-$11,000 region as its bulls and bears reach an impasse.
Cole Petersen · 4 weeks ago · 2 min read · Insights via Skew Josh Rager 
Edge › Ethereum › Analysis
Ethereum’s on-chain data suggests the worst is to come after 10% correction
Even counting the recent bounce, Ethereum hasn’t performed well over the past week.
![Ethereum competitor Polkadot hits $3.5b valuation: what’s fueling the rally? [UPDATED]](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2020/08/polkadot.jpg&w=180&h=94&q=75)
Polkadot › Binance › Analysis
Ethereum competitor Polkadot hits $3.5b valuation: what’s fueling the rally? [UPDATED]
Polkadot (DOT), a blockchain protocol founded by Ethereum co-creator Gavin Wood, achieved a $3.5 billion market capitalization.
DeFi
Synthetix founder on Curve controversy: “on-chain governance dumpster fires” will get worse
A focus of many decentralized finance projects as of late has been to achieve a state of on-chain governance, where decisions about the direction of the project are made in the purview of all token holders and the public.
Bitcoin › Coinbase › U.S. › Regulation 
Brian Armstrong
Coinbase CEO says Apple is too “restrictive” towards cryptocurrencies
Coinbase CEO Brian Armstrong said tech giant Apple has “restrictive” policies towards the cryptocurrency sector, as per a tweet this weekend.
Shaurya Malwa · 4 weeks ago · 2 min read · Insights via Brian Armstrong 
Bitcoin › Scams
Google busts firm running a $1.2 million Bitcoin scam
Tech giant Google rescinded the license of a Philippines business running a scam involving Bitcoin and gift cards over the weekend, according to local reports.
Edge › Bitcoin › Analysis
Analyst: S&P 500 and Bitcoin are macro correlated but that’s not a bad thing
The recent narrative is that Bitcoin is now correlated with the price of gold.
Chainlink › DeFi
VC: Chainlink’s and Band’s 20% price jump bodes well for DeFi bull run
Like the rest of the crypto market, coins pertaining to the decentralized finance space have faced a strong pullback over the past few days.
Bitcoin › U.S. › Investments 
Grayscale Investments
Bitcoin market “looks like 2016,” says crypto fund Grayscale
The Bitcoin bull run in 2020 has sent ripples (no puns) across the crypto space with market observers calling for the asset to eventually reach all-time highs later this year.
Shaurya Malwa · 4 weeks ago · 3 min read · Insights via Grayscale Investments 
Ethereum › DeFi
Uniswap traders have spent nearly $7 million in Ethereum fees
Ethereum DeFi fanatics on Uniswap, a decentralized exchange, have paid nearly $7 million in fees in the past month, as per data on Gas tracking site ETH Gas Station.
Altcoins
2017’s forgotten altcoins ZRX, OMG, and BAT are booming on a DeFi promise
Some much-hyped altcoins from 2017 are seeing a surge in prices as the DeFi market picks up steam and becomes a formidable sector in the broader crypto space.
Edge › Bitcoin › Adoption
Here’s why Dave Portnoy is already selling his Bitcoin, Chainlink, and Orchid
On August 13, Barstool Sports’ founder Dave Portnoy finally dived into Bitcoin and crypto after playing with the idea for a number of weeks.
Trending Stories
EAK Signs Blockchain Video Delivery Network Theta Labs
Global tech creative communications agency EAK Digital has signed the blockchain-based video delivery and infrastructure network Theta labs as its latest client.