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Next-Gen Crypto Mining Hardware is Here

21 Apr 2020 1 minute read 4 comments Abhimanyu Krishnan

ASIC manufacturer MicroBT on April 17 revealed a new series of mining hardware, called the M30S++ and M30S+. The reveal was made at the WhatsMiner M30 Online Launch Event in Shenzhen, China on Friday. 4000 individuals witnessed the reveal.  Dubbed th...

EOS-based App Shuts Down, Taking $52M in Users' Funds With It

21 Apr 2020 1 minute read 9 comments Abhimanyu Krishnan

EOS Ecosystem, a Chinese EOS wallet, has abruptly shut down, apparently absconding with $52 million worth of users’ funds. Chinese media outlet ChainNews on April 20 reported that users were unable to access their accounts, and that most of the funds...

Crude Oil Price Dump Barely Affected Bitcoin

21 Apr 2020 1 minute read 1 comment Abhimanyu Krishnan

On April 20, for the first time in US history, the value of an oil barrel dropped below $0. The sudden drop in oil prices comes at a time when the world simply does not need the extra oil to produce petrol or diesel, as most transport - and several i...

DForce Attacker Returns All $25 Million in Stolen Funds after Tracing

21 Apr 2020 1 minute read 2 comments Abhimanyu Krishnan

The hacker who stole $25 million from the dForce platform on April 18 and 19 has returned all of the funds, following an investigation which showed that the attacker had not thoroughly covered his or her tracks.  Reports are emerging that state the a...

Akon's Cryptocurrency Billion Dollar Kenyan Tech City

20 Apr 2020 1 minute read 20 comments Abhimanyu Krishnan

Akoin, the cryptocurrency launched by musician and philanthropist Akon, will be the primary currency of billion dollar technology city Mwale Medical and Technology City (MMTC), according to a press release shared with CryptoSlate on April 16.  The t...

$300 Million in Real Estate to Be Tokenized on Tezos Blockchain

20 Apr 2020 1 minute read 11 comments Abhimanyu Krishnan

On April 17, capital markets focused tZERO and digital asset lifecycle management firm Vertalo announced a partnership that will result in the tokenization of $300 million worth of real estate on the Tezos blockchain. The offering will only be open t...

After 9 Months of Near Silence, Facebook Offers a Huge Update on Libra Project

17 Apr 2020 1 minute read 26 comments Abhimanyu Krishnan

On April 16, the co-creator and board member of Facebook’s Libra project, David Marcus, has published a series of tweets that gives an update on the project, which has endured months of silence and doubt since its original announcement.  Saying that...

Famous Crypto YouTuber Account Removed Completely From the Platform

17 Apr 2020 1 minute read 2 comments Abhimanyu Krishnan

Popular crypto YouTuber Tone Vays tweeted on April 16 that he has had his channel removed from the platform. Vays channel provided trading and market analyses, and in the tweet informs he said that a video was first removed for “harmful and dangerous...

Quantitative Easing to Drive Bitcoin Price UP, Says Binance CEO

17 Apr 2020 1 minute read 4 comments Abhimanyu Krishnan

Binance CEO Changpeng Zhao, speaking at the Blockdown Conference 2020 that is being held virtually on April 16 and 17, offered an optimistic forecast for Bitcoin, saying that the price of the asset would rise as a result of the numerous quantitative...

John McAfee Announces His New Privacy Coin

15 Apr 2020 1 minute read 2 comments Abhimanyu Krishnan

Programmer and John McAfee has revealed that he will be working on a new privacy-focused cryptocurrency called Ghost, making the announcement on April 11 via Twitter, saying that it will operate on Proof-of-Stake (PoS) consensus and be available on s...