Op-ed: How Do Kwon, Terra could have set crypto back 10 years

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The fallout from the collapse of Terra could be even more significant than we first thought. I recently wrote a piece claiming that the crypto industry is under attack from multiple angles, and witnessing the current sentiment within the community, I … Read more

Stacks founder claims Bitcoin will ‘win’ over ETH

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Stacks‘ Bitcoin maximalist founder Muneeb Ali said he doesn’t own any Ethereum since 2018 because it is losing against Bitcoin as money and as the major smart contract platform. My reason for not holding any ETH for the 2018-2021 cycle: (a) … Read more

Users deride $70M NFT project Pixelmon following reveal of its ‘art’

Pixelmon, a non-fungible token (NFT) project that raised over $70 million earlier this month, has recently revealed the artworks for which users paid up to $10,000…and the crypto community has been having a field day with them ever since. $70 MILLION LOOOOOOOOL pic.twitter.com/GAcfAuMlsS — Cobie (@cobie) February 26, 2022 While the definition of “art” is … Read more

Vitalik Buterin on why he welcomes the return of crypto winter

Vitalik Buterin says crypto may benefit from a period of prolonged price depression, otherwise known as crypto winter. The comments came during the ETHDenver festival, which ended on Sunday. However, the Ethereum co-founder clarified that he isn’t sure whether crypto winter has arrived or if recent price action reflects broader macroeconomic volatility. Is crypto winter … Read more

The U.S. already have a CBDC, just skip the “CB”

Few product announcements have stirred such activities among governments around the world as the then Facebook’s, now Meta’s, announcement of the then Libra, now the dead Diem, announcement. The prospects of having a private company with billions of users issue money was just too much for legislators. All of the sudden, everyone was planning a … Read more

ENS’ Brantly Millegan fired by DAO over controversial tweet

In a tweet posted in 2016, Brantley Millegan, as of now-former Director of Operations and DAO Steward of the ENS DAO, expressed controversial opinions on the subjects of HBTQ persons, transgenderism, abortion, and more. Millegan, a member of the Catholic faith, and whose Twitter bio states “Catholic, husband, father”, has not shown any regrets regarding … Read more

Bank of America calls Solana “Visa of the digital asset ecosystem”

A leading financial institution, the Bank of America, has predicted that Solana could become the “Visa of the digital asset ecosystem,” which would enable it to steal more of the market share of Ethereum’s blockchain. Solana would eat into Ethereum’s market share According to Alkesh Shah, an analyst at the Bank of America, Solana’s simplicity, … Read more

El Salvador’s Bitcoin wallet Chivo is set to remove its trade profiting feature

Chivo will be removing its scalping feature to curb growing speculative tendencies involving Bitcoin, it said in a tweet last night. “Scalping” would allow users to freeze Bitcoin prices for a minute allowing a small window for the users to compare prices on other exchanges before making a final purchase. Chivo took to Twitter to … Read more

There are over 100 million crypto owners in India, report finds

85% of DeFi users are riding the NFT wave, with US collectors leading the front Non-fungible tokens (NFTs) have gained popularity over the last two months, according to DappRadar, a data acquisition and analysis company that tracks decentralized applications (dapps) across multiple blockchains, which attracted more than 500,000 users during July 2021. 2 min read … Read more