CryptoSlate Recap | Why Vitalik Buterin thinks Ethereum and DeFi will disrupt finance | NEO plans to launch a new blockchain for version 3.0 | Tether and Bitcoin prices diverge on exchanges
Welcome to CryptoSlate Recap, our daily, free newsletter containing links to some of the top blockchain stories on CryptoSlate and across the web.
Elon Musk tweet sends Ethereum interest on Google surging in minutes
On April 30, Tesla CEO Elon Musk mysteriously tweeted “Ethereum,” engaging with Ethereum co-creator Vitalik Buterin.
Why Vitalik Buterin thinks Ethereum and DeFi will disrupt finance
Vitalik Buterin asserted that finance is likely the first sector that will be disrupted by blockchain. The advent of decentralized finance (DeFi)—with projects such as MakerDAO, Augur, Uniswap, and Etherisc—has the potential to disrupt the “insanely inefficient” sector.
NEO plans to launch a new blockchain for version 3.0, token swap will occur
NEO announced its roadmap for the 3.0 version of its blockchain, which will introduce improved scalability, performance, and stability for the network. These features are not backward compatible and NEO will launch its 3.0 blockchain from a genesis block—compelling users to swap their tokens.
Tether and Bitcoin prices diverge on exchanges following fraud investigation
Tether, the leading stablecoin, recently unpegged from the US Dollar after news that the New York State Attorney General is investigating iFinex Inc., which operates Bitfinex and owns Tether Ltd.
ICYMI
📝 Washington State signs bill recognizing blockchain technology into law
🚙 Jaguar testing IOTA rewards for drivers, MIOTA shoots up by 11.6%
🚨 Zerocoin exploit found, Zcoin attacked, other privacy coins at risk
What else?
Mysteriously, 25 percent of Bitcoin Cash blocks are being mined with “Satoshi Nakamoto” in the miner tags, leading some to speculate about a potential upcoming 51 percent attack.
Alex Krüger noticed a pattern in the Binance IEO tokens since public trading began.
Dovey Wan believes Bitfinex is planning an IEO to raise upwards of $1 billion.
Nathaniel Whittemore says that half of 18-34 year olds believe Bitcoin will be used by most people within 10 years.
The Ethereum Foundation finally launched an updated website.
Crypto market data
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Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.