Blockchain and Crypto News

Don’t miss real-time updates

Decentral Block Post

Access real-time blockchain and cryptocurrency news updates from around the globe.

Bitcoin trader hopes for liquidity snatch as BTC price returns to $62K

Bitcoin bulls seek a more convincing BTC price rebound as ask liquidity sits piled high between spot and $70,000.

Coinbase sponsors WNBA cup, hosts fans at women’s sports bars

Coinbase treated women’s sports fans to a comparatively sober night out.

As Ethereum phishing gets harder, drainers move to TON and Bitcoin

Telegram’s TON is rising as the hottest blockchain of the summer, and cryptocurrency drainers are taking notice.

Bitcoin ETF issuer VanEck files for Solana ETF in the US

According to VanEck’s head of digital assets research, VanEck is the first company in the United States to file for a Solana ETF.

What is triangular arbitrage in crypto and how to use it?

A triangular arbitrageur spots market irregularities and carries out concurrent trades across three asset pairs while skillfully controlling risk.

MiCA laws come into effect in Europe — Here’s what you need to know

The EU's Markets in Crypto-Assets Regulation (MiCA) introduces new rules for the cryptocurrency industry, which will affect stablecoins and crypto asset service providers.

Corporate AI could undermine Web3 and decentralization — Industry observers

Artificial intelligence could deliver a fatal blow to the dream of Web3.

Full decentralization will happen in a few years — Layer-2 rollup teams

Several layer-2 rollup teams, including those for Linea, zkSync, Arbitrum and Optimism, claimed that full decentralization is coming soon.

Crypto losses from hacks and scams soared by 113% in Q2 2024 to reach $572M

Losses from scams and exploits increased in the second quarter as centralized exchanges lost millions, reversing a previous downtrend.

Ethereum LSD solution Puffer Finance moves to base rollups after raising $18M

The protocol is currently focused on bridging the liquidity gaps between different Ethereum layer-solutions.

Dfinity announces new ICP-powered platform to tackle cybersecurity

The Dfinity Foundation’s new platform, Utopia, promises enhanced security and sovereignty for government and enterprise cloud infrastructures.

Coinbase sues SEC, FDIC over FOIA noncompliance

Coinbase’s lawsuits target the SEC and FDIC for alleged noncompliance with FOIA requests regarding Ethereum’s proof-of-stake transition.

Why reports of the death of NFTs are greatly exaggerated

Toshiuki Otsuka, who founded a snap-to-earn platform, strongly opposed the narrative and argued that NFTs are "evolving."

Telegram mini-app devs can now earn Toncoin with Adsgram

The TON Foundation-backed Adsgram platform differs from previously available Telegram advertising tools by allowing developers to earn money from ads in mini-apps.

Coinbase opts out of ASI token migration as $7.5B merger proceeds

Despite Coinbase's decision, users can migrate their AI tokens using self-custodial wallets to join the $7.5 billion merger.

Binance enforces stricter measures against account misuse

The platform encourages users to report any suspected incidents of misuse and offers a reward for verified cases.

Satoshi era Bitcoin wallet wakes up after 14 years, sends 50 BTC to Binance

The Bitcoin wallet belongs to a miner who earned 50 BTC as mining rewards in July 2010, a time when BTC was trading at $0.05.

Crypto firm backed by real-world assets plans to go public this year

The publicly-audited company aims to launch a namesake cryptocurrency backed by its portfolio of real-estate assets and equity stakes.

Are celebrity tokens good or bad for Web3? Execs weigh in

Cointelegraph approached professionals across Web3 to get their thoughts on the emergence of celebrity-backed meme tokens in crypto.

Crypto losses to deep fakes could reach $25B in 2024 — Bitget

Criminals are using deep fakes more than ever, causing $79.1 billion in losses since 2022.

CoinStats hack caused by ‘socially engineered’ employee, CEO suspects

CoinStats reveals an employee-targeted social engineering attack behind the hack affecting 1.3% of wallets.

Nigerian blockchain group calls for fair resolution in Binance case

BICCoN believes that a balanced approach can help resolve the current challenges and empower Nigeria to create a supportive environment in which the blockchain industry can thrive.

South Korean crypto firm Hashed Ventures expands to Abu Dhabi: Report

Hashed Ventures said it’s in talks with other South Korean crypto firms to help bring them to Abu Dhabi.

Vanuatu expects to pass long-awaited crypto bill in September

A Vanuatu policy consultant tells Cointelegraph the bill had been ready for a few years but had been delayed due to several cabinet changes.

Toys ‘R’ Us AI-generated ad torn apart by critics

The AI-generated ad whipped up backlash from viewers who described it as a “weird dream” and “baffling.”

State Street teams up with Galaxy, eyeing new ETFs beyond Bitcoin

State Street believes the “next level of growth” will come from investment options offering more than “pure spot” Bitcoin.

Blast token rallies 40% after $2B airdrop debut

The native token of the Ethereum layer-2 Blast has rallied following an airdrop in which 17% of the supply was sent to eligible users.

Crypto scammers hijack major Australian news broadcaster’s YouTube

Australian broadcaster 7News’ YouTube channel livestreamed a crypto-touting deep fake Elon Musk, which garnered hundreds of thousands of views.

North Carolina’s CBDC ban bill heads to governor’s desk

North Carolina Governor Roy Cooper will now either sign or veto the law that bars the state’s government from accepting a Federal Reserve CBDC, potentially joining Louisiana.

Marathon Digital mines $16M in Kaspa to diversify from Bitcoin

Marathon is looking to “capitalize on higher margins” possible with Kaspa mining — but one executive stressed the firm is in no way “pivoting” from its main focus, Bitcoin.

Image