Vitalik Buterns reveals Layer-3s to have “bigger role” as Layer-2 scaling ecosystem matures

Blockchains are usually referred to as either a Layer-1 or Layer-2 solution. Layer-1s are the base layer of an ecosystem such as Ethereum, Cardano, or Solana. Layer-2 solutions are anchored to Layer-1... Read more »

CryptoSlate Daily wMarket Update – Sept. 16 to Sept. 18

The total cryptocurrency market cap saw net outflows totaling $59 billion. As of press time, it stood at $903.51 billion, down 6% over the weekend. Bitcoin’s market cap fell 5.5% over the... Read more »

Cardano founder Charles Hoskinson calls Ethereum ‘Hotel California of Crypto’

Cardano (ADA) founder Charles Hoskinson has called Ethereum (ETH) the “Hotel California of Crypto” in response to a tweet that claimed that ETH staking withdrawals might be delayed beyond the Shanghai upgrade.... Read more »

Vietnam leads global crypto adoption, U.S. comes fifth

On Sept. 14, Chainalysis released a report on Global Cryptocurrency Adoption for 2022. The research revealed that Vietnam has the highest crypto adoption, the Philippines and Ukraine follow as second and third, and... Read more »

Can the goal of financial autonomy be achieved without decentralization?

NEO Foundation (NEO) is a blockchain platform where developers can build decentralized applications (dApps). NEO provides infrastructure such as decentralized storage, oracles, and domain name service to allow developers to build dApps... Read more »

Osmosis co-founder questions the effectiveness of ETH staking post-merge

Osmosis Co-Founder Sunny Aggarwal has questioned the effectiveness of Ethereum’s staking model as it will not enable withdrawal of staked ETH post-merge. Currently, there are 13.7 million ETH staked on the beacon... Read more »

Bitcoin falls below all key moving averages for the fifth time ever

A moving average (MA) is a stock indicator commonly used in technical analysis. As its name suggests, the indicator smooths out price data by creating a constantly updated average price over a... Read more »

CryptoSlate Daily wMarket Update – Sept. 15

The total cryptocurrency market cap saw net outflows totaling $21.76 billion from the previous day. As of press time, it stood at $962.51 billion, down 2% over the last 24 hours. Bitcoin’s... Read more »

ETH falls below $1,500 as over $150M is liquidated in 24 hours

The largest liquidation candle in a month wiped out most of the gains Ethereum posted following the Merge. Following its transition to a Proof-of-Stake network, ETH touched $1,640 in what many believed... Read more »

CryptoSlate Daily wMarket Update – Sept. 14

The total cryptocurrency market cap saw net outflows totaling $7.52 billion from the previous day. As of press time, it stood at $985.35 billion, down 1% over the last 24 hours. Bitcoin’s... Read more »