Sat Dec 21 10:53 PM

Ethereum options volume hits record high—but why is demand surging?

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The volume of the Ethereum options market hit a record high as the demand for ETH increased in recent weeks.To read the rest of this article, join CryptoSlate Edge. Have an account? Sign In. Join CryptoSlate Edge for in-depth market analysis and curated industry insights Sign...

This DeFi app based on Ethereum just stole $12 million from its users

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The Ethereum decentralized finance (DeFi) space was just hit with a “rug pull,” with unknown developer(s) dragging in $12 million in what seems to be the biggest ostensible scam in recent weeks.Here is that story.What is Compounder Finance?Late last month, anonymous developers rolled out...

SUSHI surges 30% to multi-week highs after massive Yearn.finance (YFI) partnership

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While many expected Bitcoin to steal the show as it has set a new all-time high, this has not been the case: unlike in October, altcoins have matched BTC’s rapid ascent over recent days, moving in tandem with the lead cryptocurrency.No coin has shown...

Coinbase to support ETH 2.0 rewards as beacon chain goes live

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Crypto exchange Coinbase rolled out support for the upcoming ETH 2.0 upgrade, as per an announcement on Monday. Users can then stake their coins at the exchange and reap rewards without the need to run their own nodes.The move comes as Ethereum 2.0’s “beacon...

Number of Ethereum nodes surpasses Bitcoin’s for the first time

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Ethereum is booming and now the so-called “world’s decentralized computer” has now surpassed Bitcoin in terms of the total nodes, new data showed.Ethereum’s node crusadeData from Ethereum node service and technology company Bitfly showed that the Ethereum network now has over 11137 active nodes,...

Ethereum DeFi space faces three notable bugs in the span of a Sunday morning

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The Ethereum DeFi space is scrambling this Sunday morning as this space has faced a series of bugs.To read the rest of this article, join CryptoSlate Edge. Have an account? Sign In. Join CryptoSlate Edge for in-depth market analysis and curated industry insights Sign up for...

Chinese reporter: China likely sold the $3+ billion in Bitcoin, Ethereum affiliated with PlusToken

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This morning, news broke that there has been a massive development in the PlusToken case.PlusToken was a 2019-era crypto Ponzi scheme that managed to trick mostly users in Asia into depositing billions worth of Bitcoin, Ethereum, EOS, and a number of other digital assets.The...

Ethereum-based token of new DeFi trading platform surges 1,000% in two weeks

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Bitcoin and Ethereum may be crashing but this hasn’t stopped DeFi projects from gaining traction.While decentralized spot exchanges such as Uniswap and SushiSwap have gained much traction over their centralized competitors, there remain few platforms through which crypto users can obtain leverage on these...

Seeming oracle attack causes $100m in Ethereum DeFi liquidations

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It appears we just saw our latest DeFi exploit/attack, but this one was much different than all the rest.Bitcoin, Ethereum, and the rest of the crypto market spiked dramatically lower on Wednesday evening as buying pressure finally abated. The running theory is that due...

Ethereum wicks under $500 on top futures exchange as market (finally) sags

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The crypto market has developed massively since 2017 and 2018, with the introduction of complex derivatives products, regulation, and liquidity through prominent market makers like Jump Trading and Alameda.But the market is far from perfect: just recently, the price of Ethereum dropped under $500...