Ethereum Classic up over 150% in July as ETH 2.0 draws closer

Ethereum Classic’s (ETC) value increased by over 150% in July, making it one of the top performing digital assets of the month. The asset was trading at $36.50 as of press time after shedding over 11% in the last 24 hours. Interest in the asset reached a crescendo when Ethereum (ETH) developers revealed the date…

Ethereum Merge will not reduce gas fees, DeFi researcher says

DeFi trader Vivek Raman, in a Twitter thread, has argued that Ethereum’s (ETH) anticipated Merge would not bring down the network fees as expected by many. The Ethereum Merge is one of the most powerful catalysts in crypto history, and it is quickly approaching As we reach the endgame for ETH under the proof of…

Vitalik Buterin calls Plan B’s Stock to Flow Bitcoin model “harmful”

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Ethereum (ETH) co-founder Vitalik Buterin has criticized the Stock-to-Flow (S2F) model for predicting and measuring the value of Bitcoin (BTC), claiming that it creates a false sense of financial security about the digital asset’s value. According to Buterin, financial models like…

Optimism hacker confirms they are whitehat, returns most of stolen funds

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Optimism hacker has confirmed they are a whitehat and asked the project developers to share a return address for the remaining tokens in their possession. The hacker stole 20 million OP tokens from Optimism by exploiting a failed transaction involving liquidity provider…

Facebook sued in Australia for fake crypto ads

A few weeks ago, Australia’s richest man, Andrew Forrest, was forced to file criminal charges against Meta for allowing crypto scam ads with his name and age. Now, the Australian Competition & Consumer Commission (ACCC) has commenced legal action against the parent company of Facebook due to its inability to curb the spread of such…

Vitalik Buterin foresaw stablecoin and defi growth, omits NFT

In most climes, the arrival of a new year is an opportunity to make projections for what the future holds. Already, some crypto enthusiasts and analysts have already begun making different predictions for what they believe the future holds for the digital asset industry. However, rather than making new predictions, Ethereum’s co-founder Vitalik Buterin is…

Shiba Inu (SHIB) trading volume surpassed that of Ethereum (ETH) on Sunday

Leveraging on the current green run of the wider crypto market, popular meme coin, Shiba Inu, has posted some interesting figures during its rise to a new ATH. Shiba traded more than Ethereum According to data on CoinMarketCap, the daily trading volume of Shiba Inu was able to surpass that of its more illustrious counterpart,…

Ethereum’s Vitalik Buterin isn’t sold on Dorsey’s Bitcoin plans

Vitalik Buterin, a co-founder of Ethereum, in a recent interview has revealed his doubts about the plans Jack Dorsey and Mark Zuckerberg might be making about the crypto industry, as per a report on Bloomberg today. Dorsey and Zuckerberg’s crypto dream Dorsey, CEO of Square, recently revealed his plan for the leading digital asset, Bitcoin,…