Ad Coinbase’s Base is a crucial aspect of World Economic Forum (WEF) plans to bring about Central Bank Digital Currency (CBDC) tech, said the host of the Proof of Decentralization Podcast, Chris Blec. On Feb. 23, Coinbase announced the launch of its Base product. The company described the product as an Ethereum layer 2 enabling … Read more
Uniswap founder Hayden Adams said he was “sad and disappointed” with recent comments by Balance co-founder Ric Burton. Burton said he was owed money from supporting Adams get Uniswap off the ground. However, Adams fired back, saying that two deals were turned down, including an offer for investor ownership. Burton alleges being double-crossed On Feb. … Read more
Balance CEO Ric Burton claimed he was double-crossed by Uniswap founder Hayden Adams, who, at one point, he considered one of his “closest friends.” Burton had invested time, friendship, and an unspecified sum of money in supporting Adams to take Uniswap to market. But Burton said he feels heartbroken and sad that his efforts were … Read more
Bitcoin deep dive: 15M BTC in self-custody as Binance withdrawals peak, derivatives switch to ‘risk-off’ A weekly recap of key Bitcoin metrics affecting its price performance in the market, published every weekend. James Van Straten · 4 days ago
On Nov. 20, on-chain detective ZachXBT set out a Twitter thread to debunk the three most commonly misunderstood issues surrounding the FTX case. The three areas ZachXBT set out to cover were: Bahamian officials being behind the FTX hack Exchanging knowing the identity of the hacker The FTX hacker trading meme coins. 1/ I have … Read more
The Twitter community is on fire, discussing hidden motives behind asset transfers between Crypto.com and Gate.io that took place in October. The exchange’s CEO Kris Marszalek responded to speculation and said the transfer was done accidentally and had since been reverted. It was supposed to be a move to a new cold storage address, but … Read more
Warning: There is a risk of relay attacks on individual users’ wallets if the ETHPoW ChainID is not updated as planned. Such attacks will cause users to lose $ETH equivalent to the ETHPoW sold. Recent concerns over The Merge were exacerbated after discovering that the Ethereum proof-of-work chain had not updated its ChainID to a … Read more
A member of the Coinbase team had to comment on the ETHPoW GitHub repository to get the team to clarify how the forked chain will be set up. Currently, the repository has not updated the ChainID of the network to one that differs from Ethereum Mainnet. We’ve reached the point in the ETHPoW saga where … Read more
The European Central Bank (ECB) blasted Proof-of-Work (PoW) mining as a significant climate change risk in research bulletin published in July. As expected, the report specifically mentioned Bitcoin. However, it also raised issues with Ethereum, despite its transition to a Proof-of-Stake (PoS) consensus mechanism. Researchers compiled estimated carbon footprint data on the above tokens and … Read more
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Ethereum is finally moving to proof-of-stake this year, and with that, the aim is to: “Ultimately address some of the gas fee issues.” One of the primary methods to reduce gas fees are layer-2 solutions. Chains such as Polygon process over … Read more
