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.

Crypto Biz: Exchanges face new legal issues, Goldman Sachs’ clients eye crypto, and more

This week’s Crypto Biz explores crypto exchanges renewed challenges, BlackRock’s Bitcoin ETF inflows, Goldman Sachs’ clients returning to crypto, and Mastercad’s forecasts for remittances in Latin America.

Unexplained transfers on LENX protocol spark rug pull concerns

Mysterious withdrawals from LENX’s treasury have raised concerns about an ongoing slow rug pull on the protocol.

CFTC commissioner warns against infringing on SEC’s authority in KuCoin case

Two U.S. financial regulators cannot seem to reach a consensus on how to treat certain cryptocurrencies as securities or commodities.

$1B of US Treasurys tokenized, Base TVL doubles in a month: Finance Redefined

The real-world asset tokenization trend is heating up, fueled by BlackRock’s first tokenized asset fund, “BUIDL,” which joined 16 other tokenized government securities funds in the last week.

BNB’s 12% weekly surge: peaking or just getting started?

Can BNB break past $620? On-chain and derivatives metrics hint positvely.

VC Roundup: Investors move into cross-chain, Bitcoin layer-2 and institutional tools

This edition of Cointelegraph’s VC Roundup highlights Borderless Capital’s recent acquisition, along with new funding raises by Keyring Network, Morph, Rails, BOB, FLock and Race.

Bitcoin’s 2023–2024 growth rate has it on track to surpass Microsoft within a year

After Microsoft, all that’s left is gold. But Bitcoin will need a price point north of $800,000 to climb that mountain.

Sam Bankman-Fried gets 25 years — What happens now?

Will the former FTX CEO actually be in federal prison until he’s 57 years old? Will anything change in regard to FTX users getting their funds?

Price analysis 3/29: BTC, ETH, BNB, SOL, XRP, ADA, DOGE, AVAX, SHIB, TON

Bitcoin is struggling to sustain above $70,000, indicating that the long-lasting rally could be tiring out.

Web3 dev platform Mirror World launches first gaming rollup chain on Solana

The software development kit allows Solana games to settle "millions of requests" during game sessions and settle them back to Solana L1 for faster processing.

Bitcoin exchanges’ BTC balances have dropped almost $10B in 2024

Bitcoin exchange withdrawal trends are clear as “pent up institutional demand” from the spot ETFs combines with the upcoming halving to squeeze the available BTC supply.

Telegram Mini Apps are ‘Trojan horse’ for mass blockchain adoption — TON investments director

Onboarding the next 500 million users will require simple apps with “actual usability,” Justin Hyun told Cointelegraph.

Stablecoin delistings in Europe spell change for crypto exchanges, issuers

The largest stablecoin issuers are non-European, but they will have to get compliant fast if they don’t want to lose ground on the continent.

Bitcoin trades above $69K following largest quarterly options expiry in history

Bitcoin remained above the key $69,000 mark following the quarterly expiry event, suggesting the pre-halving retracement may be over.

Crypto traders bet $2.4M on spot Ether ETF decision

Only 19% of gamblers betting on the outcome of a decision on whether to approve or deny spot Ether ETFs by the U.S. SEC are putting their money on a positive result by the May deadline.

Google’s inclusion of Bitcoin wallet balances sparks privacy debate

While some applaud the move toward mainstream adoption, privacy-centric Bitcoin supporters have raised concerns about centralized data aggregation.

Fake Ethena Labs token exploited for $290K on Binance Launchpool

The exploit on the copy-cat token occurred hours after Ethena’s new ENA token was launched for farming on Binance.

Bitcoin shows ‘signs of exhaustion’ as Q1 BTC price gains near 70%

While there are reasons to be “very bullish” on Q2, the sheer speed of the Bitcoin and crypto bull market may be cause for concern, says QCP Capital.

HKVAEX withdraws Hong Kong license application post-deadline

The SFC website confirms that HKVAEX withdrew its license application nearly three months after the filing on Jan. 4, 2024.

Bitcoin to attract $1T from institutions amid ‘raging bull market’ — Bitwise exec

Bitwise’s Matthew Hougan said the best advice he could give traders is to “keep calm and take the long view.”

Binance exec seeks redress over Nigeria detention, demands apology

Gambaryan’s lawyer requested an adjournment for the NSA and EFCC to respond, which was granted by the judge, who postponed the case to April 8.

FTX former execs and promotors to settle class lawsuit for $1.3M

Former FTX and Alameda executives agreed to share information to aid in the class group’s legal fight against other alleged FTX promoters.

Bitcoin Cash open interest surges past $700M ahead of BCH halving

Bitcoin Cash hasn’t seen open interest at this level since May 2021, when its price was nearly 2.5 times higher.

New Bitcoin ETFs now hold 500,000 BTC and GBTC outflows slow

The newly launched spot Bitcoin ETFs, excluding Grayscale have now amassed $35 billion worth of Bitcoin in just 54 days of trading.

Vitalik Buterin wants rollups to hit stage 1 decentralization by year-end

Ethereum network standards should increase when considering layer-2 scaling solutions, suggested Ethereum co-founder Vitalik Buterin.

MicroStrategy is trading at an ‘unjustifiable premium’ to Bitcoin: Analyst

Kerrisdale Capital claims MicroStrategy’ is no longer a “unique way to gain access to Bitcoin” but Michael Saylor has long argued his firm will remain an attractive option to investors.

Mystery malware targets Call of Duty cheaters, stealing their Bitcoin

Malware database vx-underground has warned of a new info-stealing malware in cyberspace that is targeting video gamers, especially those who use cheating software.

Prisma Finance $11.6M hacker claims it was a ‘whitehat rescue’

The hacker’s on-chain message came approximately six hours after the hack occurred. However, blockchain security firms noted the hacker had also started swapping the stolen funds for Ether.

SBF memecoins pump and dump as FTX founder gets 25-year prison sentence

Memecoins based on Sam Bankman-Fried rocketed and then crashed as a U.S. court handed down more than two decades of jail time for the former FTX CEO.

Bitcoin miner CleanSpark plunges 10% after $800M share offering

With a market capitalization of $4.2 billion, a $800 million stock offering would effectively dilute CLSK shares by 19%.

Image