Decentral Block Post

Industry figures assess the state of decentralized finance in 2024 and whether it is developing as expected.

Stablecoin purchases in Turkey amount to 4.3% of GDP, the highest among global economies, according to Chainalysis.

The chief technology officer of VC firm Andreessen Horowitz said that memecoins are like risky casinos that deter real builders from the crypto ecosystem.

Brian Rose also aims to implement a new London cryptocurrency to promote financial education in the Greater London area.

Other evidence suggests that the SEC will likely delay the approval of spot Ether ETFs, with Ether ETFs trading in Hong Kong from April 30.

The BNB Chain core development team said the move aims to streamline the network and improve efficiency.

Nigeria’s president appointed the new SEC Chair to regulate the capital market, bolster investor confidence, and advance economic development.

Chainlink Labs’ director of capital markets said that enhancing tokens with real-world data could unlock better applications than traditional finance.

Liquidation levels form an increasingly large cloud above BTC spot price as Bitcoin rests near $64,000.

The new legislation would impact crypto-asset service providers, like centralized crypto exchanges under MiCA.

One crypto analyst says Bitcoin has just undergone one of the “healthiest market resets” he has seen in a long time.

The original scrawled sign was auctioned off by “Bitcoin Sign Guy” Christian Langalis for 16 BTC after apparently sitting in his sock drawer for years.

Runes continue to make up the vast majority of Bitcoin transactions; however, the fees earned by Bitcoin miners from Runes have slightly tailed off since the record-setting halving day.

President Biden’s move to introduce a 44.6% federal capital gains tax probably wouldn’t affect most people in crypto, according to crypto tax commentators.

BlackRock's Bitcoin ETF inflow streak ended on April 24 after IBIT recorded no inflows for the day, according to data from Farside.

The crypto market saw extra turbulence after Samourai Wallet’s CEO and chief technology officer faced legal action from the U.S. DOJ.

A BlackRock spokesperson confirmed the firm wasn’t directly involved in Archax and Ownera’s decision to tokenize shares of BlackRock’s ICS Treasury Fund on Hedera.

The Lummis-GillibrandPayment Stablecoin Act introduced to the Senate could see big banks encouraged to take steps into the stablecoin market, says S&P Global Ratings.

KPMG Canada partner Kunal Bhasin says rising debt and increasing inflation have likely attracted institutional investors into crypto.

Meta shares dipped after a disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year as it aims to “invest aggressively” in its AI products.

The European Central Bank is too busy attacking Bitcoin to worry about the myriad of real scams perpetrated by con artists in the industry.

Key on-chain metrics suggest a higher baseline for Bitcoin price now that the halving is complete.

The crypto mixer allegedly handled $2 billion in unlawful transactions and facilitated $100 million in money laundering.

An expert in U.S. federal prisons suggested that the former Binance CEO, if sentenced to incarceration, could face the risk of “theft and extortion” from other inmates.

The collectibles will include “money can’t buy” experiences such as pitch-side seats for exclusive team training events.

The question of the Terraform co-founder’s extradition to either the U.S. or South Korea has been bouncing between lower and higher courts in Montenegro for months.

NFT platform Magic Eden recorded an NFT trading volume of $756.5 million in March, surpassing its rival Blur.

Bitcoin and altcoins continue to be rocked by macroeconomic and geopolitical uncertainty, but data shows bulls continue to buy each dip.

After enjoying record profits during Bitcoin’s recent halving, miners now face a sharp decline in hash prices.

Analysts cite a classic trading pattern and growth in the altcoin total market capitalization index as proof of an upcoming altcoin season.