The current Web3 landscape is one that has built itself on the premise that there is a solution to the lack of trust and transparency that came about following the birth of Web2. This advertisement-led revenue model that was the core-pillar of Web2 platforms, has been criticised by many for monetising user-driven interactions and user-generated…
Prominent crypto execs expect thousands of coins to perish
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Prominent executives from some of the largest crypto companies talked to CNBC about the current market situation, and all agreed that thousands of projects would collapse following LUNA. There are dozens of different blockchain platforms and more than 19,000 crypto currencies…
Is buying EOS like buying Bitcoin at a discount?
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! A Twitter exchange about EOS, and its lackluster performance, has renewed focus on Block.one’s Bitcoin reserves. Trader @i_am_jackis asked the Twitterverse why the EOS market cap is “still 1.2B?,” adding that EOS holders should move on and sell for BTC. “How…
New stats show Cardano on the up despite ‘crypto winter’
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Cardano Foundation has released its monthly wrap-up of on-chain data showing that its on-chain transactions have increased by 7.74% to reach 42.5 million. 📊Monthly wrap-up of on-chain data 🚀#Cardano #blockchain #ProjectCatalyst pic.twitter.com/Z49EzDFSaL — Cardano Foundation (@CardanoStiftung) June 1, 2022 The comprehensive…
Terra confirms that some users received less LUNA than expected from the airdrop and is working on a solution
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Developers behind the Terra Classic (LUNC) – formerly Terra – cryptocurrency and TerraClassic USD (USTC) – formerly TerraUSD (UST) – stablecoin launched Terra 2.0 (LUNA) in an attempt to move forward from the catastrophic crash that hit both of their tokens,…
Cardano leads large caps with 31% gain, what’s behind the move?
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Cardano (ADA) posted 31% gains, making it the biggest large-cap gainer in the last 24-hours. For comparison, Bitcoin is up just 3% over the same period. The price of ADA peaked at $3.10 in November 2021, just before the launch of…
Avalanche’s new proposal wants ApeCoin on its subnet
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Avalanche is seeking to be the new home for ApeCoin DAO’s APE token and its Otherside metaverse project, according to a proposal submitted by the L1 blockchain platform. Per the proposal, the Otherside metaverse project should be launched on an Avalanche…
Will $26B staked in ETH 2.0 be unlocked and sold after the merge?
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! It has been confirmed that the Ethereum Consensus Layer will be launched as soon as August 2022. After years of delays, “the Merge” is finally here. However, there is some concern over what will happen to the price of Ethereum (ETH)…
Litecoin’s privacy upgrade could lead to delisting from South Korean exchanges
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Two of South Korea’s largest cryptocurrency exchanges, UPbit and Bithumb, issued investment warnings against Litecoin (LTC) on May 23, citing the altcoin’s privacy upgrade. Both exchanges are considering delisting the altcoin in light of potential legal challenges posed by the upgrade….
CZ shares his thoughts on the crypto space following Terra’s collapse
Changpeng Zhao (CZ), the CEO of Binance, the largest crypto exchange by trading volume, has come out to share a few crypto lessons after the crash of TerraForm Labs’ LUNA and UST coins. In a May 20 blog post, CZ said the UST/LUNA incident was a regrettable one that impacted many people. While he asserted…