Justin Sun Justin Sun is the Ambassador and Permanent Representative of Grenada to the WTO, Founder of TRON, one of the world’s largest blockchain DAO ecosystems, and Advisor to Huobi Global, one of the world’s largest crypto exchanges. More about Justin Sun Info LinkedIn Twitter
Ethereum turns deflationary amid weekend market rally
Bitcoin BTC (24h) $20,842.40 +0.68% Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent electronically from user to user on the peer-to-peer bitcoin network without intermediaries. More about Bitcoin
Staked Ethereum surpasses 16M, over 70% stakers at a loss
The amount of staked Ethereum (ETH) has risen by 18% to over 16 million since the network completed its transition to a proof-of-stake (PoS) network last year, according to CryptoSlate data. The 16 million staked ETH equates to roughly 13.28% of ETH’s total supply — worth $22.42 billion — 500,213 total validators and 87,121 distinct depositor addresses,…
CryptoSlate Daily wMarket Update: Top 10 assets see mixed performance in flat market
The cryptocurrency market cap saw net inflows of $610 million over the past 24 hours and currently stands at $819.59 billion — up 0.09% from $819.04 billion. Bitcoin’s market cap decreased by 0.09% to $323.94 billion from $324.31 billion, while Ethereum’s market cap increased by 0.06% to $153.30 billion from $153.20 billion. Over the reporting period,…
CryptoSlate Daily wMarket Update: Solana climbs above $10 as entire market turns green
The cryptocurrency market cap saw net inflows of around $10 billion over the past 24 hours and currently stands at $806.96 billion — up 1.35%. Bitcoin and Ethereum’s market caps grew 1.09% to $322.14 billion and 1.74% to $148.95 billion, respectively. The top 10 cryptocurrencies all recorded profits during the last 24 hours. Solana led…
Vitalik Buterin says XRP is ‘completely centralized,’ Ripple CTO reacts
Ethereum (ETH) co-founder Vitalik Buterin in a Dec. 19 interview with Bankless, said Ripple’s XRP “was still completely centralized.” According to Buterin, for a project to have itself as part of the crypto space, it needs to use cryptography and have “some kind of chain data structure somewhere.” He added that XRP hasn’t apologized for…
Research: How Ethereum is gradually becoming a store of value
Ethereum (ETH) might be gradually turning into a store of value based on the volume of the digital asset being held by long-term investors, CryptoSlate’s analysis of Glassnode data revealed. With Ethereum down by more than 70% from its all-time high during the current market cycle, one would think that investors would massively dump the…
CFTC considers Bitcoin, Ethereum, Tether to be commodities
The U.S. Commodity Futures Trading Commission (CFTC) stated in its Dec. 13 court filing against FTX founder Sam Bankman-Fried that digital assets like Bitcoin(BTC), Ethereum (ETH), and Tether (USDT) are commodities. Source: CFTC Court Filing CFTC wrote that these digital assets are commodities because they meet the definition of the term as defined by the…
CryptoSlate Daily wMarket Update – Dec. 9-11: Dogecoin leads top 10 assets sell-off
Since the last market update report, the cryptocurrency market cap saw net outflows of $16.68 billion and currently stands at $844.36 billion — down 1.44% over the last 24 hours. Meanwhile, Bitcoin and Ethereum’s market cap is down 1.12% and 1.72% to $326.29 billion and $153.03 billion, respectively. The top 10 cryptocurrencies all posted losses…
This DAO is donating 100ETH ($123k) to crypto sleuth ZachXBT
Nouns DAO will donate 100 ETH ($123,000) to ZachXBT to fund his investigative journalism, according to a Dec. 8 tweet. Nouns will donate 100 ETH ($123,000) to @zachxbt to fund their investigative journalism. Prop #177 from @noun40__ passed: 180 for, 20 against. pic.twitter.com/7PmlaD2rXE — House of Nouns ⌐◨-◨ (@houseofnouns) December 8, 2022 According to the…









