Mon May 6 6:44 PM

Avalanche’s (AVAX) bridge to Ethereum enters ‘final phase’ of testing

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Avalanche, the highly-scalable, open-source platform for launching decentralized finance (DeFi) applications, has begun the final phase of testing of a bridge to connect its ecosystem to Ethereum, it said in a release shared with CryptoSlate.When deployed to the mainnet, the bridge will open a...

What makes the crypto market’s rise to $500 billion different from 2017?

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The last time the total market capitalization of cryptocurrencies surpassed $500 billion, in December 2017,  the industry had no idea a world-shattering crash was waiting just around the corner. And now, with Bitcoin nearing the coveted $20,000 point, the industry holds its breath once...

Bitcoin surpassing $19k led Ethereum, XRP, and altcoins to plunge—what’s next?

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The price of Bitcoin surpassed $19,000 on November 24, reaching $19,299 on Binance. As BTC rallied, major alternative cryptocurrencies, including Ethereum and XRP, fell sharply.Whether the trend of profits from altcoins cycling into Bitcoin would continue in the near term remains to be seen....

The Ethereum 2.0 launch won’t happen on Dec. 1st unless $130m is deposited

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All eyes will be on Ethereum over the next 24 hours. The reason: today will decide whether or not the launch of ETH 2.0 (Serenity) will take place by the specified launch date of Dec. 1.For some context, here’s a recap of ETH2: ETH2...

This new Ethereum DeFi token that suffered a bug rallied 375% today anyway

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The coins of the latest generation of decentralized finance (DeFi) products built on Ethereum continue to pump amid a return to a bull market.Even a coin of a protocol that was exploited by an unknown attacker is rallying hundreds of percent as investors seek...

Why this Ethereum DeFi coin has surged 400% in two days

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All eyes may be on Bitcoin right now but in the decentralized finance (DeFi) space, investors have been caught off guard by a rally in a coin called Saffron Finance (SFI), also known as Spice.To read the rest of this article, join CryptoSlate Edge....

Linear calculation suggests ETH 2.0 in Jan 2021—will Ethereum price react?

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According to CryptoQuant’s linear calculation of ETH 2 deposits, the mainnet release could occur in January 2021.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 CryptoSlate...

3 reasons Ethereum dropped much harder than Bitcoin in abrupt correction

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Within 30 minutes, on November 18, the price of Ethereum dropped 7.7% as Bitcoin also recorded an abrupt 6% drop.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 Ethereum-based DeFi token is up 3,000% in the past week alone

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It appears that “aping” into new decentralized finance (DeFi) coins is back in vogue with Bitcoin pumping, Ethereum moving towards its summer highs, and money moving right down the DeFi risk curve.To read the rest of this article, join CryptoSlate Edge. Have an account?...

No one is safe: Ethereum DeFi protocol by PayPal co-founder exploited for $7.5m

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No one is safe from the ever-growing wave of decentralized finance (DeFi) exploits, not even prominent technologists and investors.Today, an up-and-coming DeFi protocol built on Ethereum by prominent Silicon Valley developers such as Yu Pan, a founding member of PayPal and the earliest Youtube...