The crypto market started to grow in Turkey in 2017 and consolidated its roots during 2020 through many factors, including the COVID-19 pandemic. Since then, residents of Turkey have increased their investments in the crypto space exponentially. To read the rest of this article, sign in or join CryptoSlate Edge. CryptoSlate Edge helps you understand…
The Crypto Crime Series: Money laundering underpins all forms of cryptocurrency crime
The rise in cryptocurrency-related crime we’ve seen in the past year has been somewhat expected. As the crypto market grows, so does the number of malicious actors that operate in it. To read the rest of this article, sign in or join CryptoSlate Edge. CryptoSlate Edge helps you understand the cryptoasset market more clearly. We…
NFT activities increase on Ethereum as Bitcoin demands diminish on DeFi
NFT remains the dominant sector on Ethereum and is responsible for most of the transfers on the network. This is according to the newly released Coin Metrics State of Network report. To read the rest of this article, sign in or join CryptoSlate Edge. CryptoSlate Edge helps you understand the cryptoasset market more clearly. We…
Gold shines as Bitcoin sinks below $37,000, on-chain metrics indicate further trouble ahead
Since Thursday, Bitcoin has lost 20% in value, with Monday’s sell-off tanking its price below $37,000. Over the past week, of the top-100, only Terra-based Anchor Protocol managed to stay green, posting 6% gains. To read the rest of this article, sign in or join CryptoSlate Edge. CryptoSlate Edge helps you understand the cryptoasset market…
OpenSea phishing attack, here’s what happened
Another attack on users of the NFT marketplace OpenSea emerged yesterday February 20th. As reported by CryptoSlate, the CEO of the NFT marketplace, Devin Finzer, tweeted that it’s likely a phishing attack and not connected to the platform directly. To read the rest of this article, sign in or join CryptoSlate Edge. CryptoSlate Edge helps…
DAO 101: Everything you need to know about decentralized autonomous organizations
While the crypto industry never had a shortage of innovation, it’s safe to say that the past couple of years has been turbocharged. Beginning with the DeFi summer, the industry has seen an unprecedented pace of growth that culminated last November when the market reached its peak. To read the rest of this article, sign…
JPMorgan: Bitcoin is trading above fair value. What does this indicate?
Investment bank JPMorgan has calculated Bitcoin’s fair value at $38,000. This figure is 12% less than the actual price at the time, indicating overvaluation and suggesting a possible price drop to come. To read the rest of this article, sign in or join CryptoSlate Edge. CryptoSlate Edge helps you understand the cryptoasset market more clearly….
How did hackers bypass 2FA during the $35 million Crypto.com hack?
As the dust settles on the recent Crypto dot com hack, observers wonder how thieves managed to crack security procedures to steal millions in crypto. Crypto dot com has not released precise details on how hackers managed to bypass security. To read the rest of this article, sign in or join CryptoSlate Edge. CryptoSlate Edge…
Which are the most vibrant blockchain ecosystems currently?
A recent report by Electric Capital, which analyzed nearly 500 thousand code repositories and 160 million code commits across Web3, uncovered the top blockchain ecosystems based on one of the key “indicators of value creation”–developer engagement. To create its 2021 Developer Report, the early-stage venture firm focused on open-source repositories only, inferred non-original commits and credited…
Research: Yes you can calculate the total supply of ether
In the hot debates in the crypto space, one of the talking points that Bitcoiners love to throw at Ethereans is that it’s difficult, if not impossible, to calculate the exact total supply of ether (ETH) in the market, especially compared to how relatively easy it is to calculate the total supply of bitcoin. This…