Nexo claims “smear campaign” ignores its attempts to aid insolvent companies

CryptoSlate spoke to Nexo co-founder Antoni Trenchev regarding Nexo’s decision to increase insurance to $775 million, its moves to offer aid to struggling crypto firms, and the recent allegations claiming Nexo is... Read more »

Crypto hacks are declining in numbers but increasing in damage

Cryptocurrency hacks have been significantly decreasing in numbers since the beginning of the year. According to the latest research from BestBrokers, the industry saw 64 security breaches by mid-June — a sharp... Read more »

Huobi founder looking to sell shares amid company downsizing

Global exchange giant Huobi‘s founder and CEO Leon Li is reportedly looking to sell his more than 50% stake in the company as the exchange struggles on the revenue front after banning... Read more »

Biden administration official hints at stablecoin legislation that could come into force this year

Coindesk reported that an official of the U.S federal government hinted that the government is working with Congress on a stablecoin legislation that could become law by the end of the year.... Read more »

SpaceX Launches Ethereum Node to ISS For SpaceChain

While Elon Musk’s recent tweets have sent the crypto market into a downturn, his company SpaceX has collaborated with SpaceChain to send an Ethereum node to the International Space Station. The mission... Read more »

Ethereum Gas Fees Are Skyrocketing — Do traders Have Alternatives?

With the rapid growth of decentralized finance, upcoming scaling developments on Ethereum 2.0, and increased crypto allocation in the portfolios of institutions, the price of Ether (ETH) is rapidly ascending. In fact,... Read more »

Ethereum Crosses $2,000, Setting a New All-Time High

Key Takeaways ETH has hit a new all-time high price above $2,000. The second-ranked crypto has led the market’s price rally along with Bitcoin over recent weeks. Ethereum is currently the home... Read more »

Cardano’s Babel fees mechanism allow users to pay transaction fees in native tokens

Once the Mary Hard Fork is implemented, users on Cardano will be able to pay transaction fees in native tokens, essentially requiring no ADA to utilize the blockchain. And while this might... Read more »

Private banks to help with the rollout of booming digital yuan

The nation is leading in the development of a state-backed digital currency and banks are joining that cause. China’s private banks step up Some Chinese private banks are joining in on the... Read more »

What DeFi needs to do next to keep institutional players interested

The last few months’ frenzy of institutional money flowing into Bitcoin (BTC) has seen crypto hitting the headlines — at the least as a novelty asset, at the most as a must-have.... Read more »