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.

MarginFi outflows $190M as CEO rage quits amid token controversy

Withdrawals from the Solana-based DeFi protocol have reached record levels amid an apparent management meltdown and claims from competitors that it hasn’t met its promises.

GBTC fees will drop when Bitcoin ETFs ‘start to mature’ — Grayscale CEO

Grayscale’s Bitcoin ETF may have the highest fees and outflows compared to the competition, but chief Michael Sonnenshein said he’s happy to wait.

El Salvador’s newest Hilton hotel to tap into tokenized debt on Bitcoin

Investors will need to make a minimum $1,000 investment to purchase the token, which will be issued on the Bitcoin layer 2 “Liquid Network” under the ticker HILSV.

Generation Z and millennials choose crypto over stocks — Report

A recent survey by Policygenius found that one in five American adults own cryptocurrencies.

Filecoin staking platform busted, Matrixport says ‘short ETH’: Asia Express

STFIL users’ assets missing after Chinese police heist, Matrixport bets against Ether, HashKey granted retail trading license by SFC, and more!

Pac Finance reportedly causes $24M in liquidations via sudden parameter change

Multiple users on social media claimed they had been liquidated after a Pac Finance admin wallet allegedly changed the parameters for ezETH loans without warning.

Australians wouldn’t value retail CBDC for its privacy or safety, RBA finds

Australians would rather have accounts with commercial banks and keep their data away from the RBA.

Bitcoin derivatives metrics suggest $70K is here to stay

Reduced leverage use in Bitcoin futures greatly reduces the odds of cascading liquidations in the case of a BTC price pullback.

Montenegro’s Justice Minister to decide on Do Kwon’s extradition after court ruling

It’s unclear if the Terraform Labs co-founder’s lawyers intended to appeal the court decision, which would again delay any possible extradition to the United States or South Korea.

Ethereum price weakens against Bitcoin — Here’s why

Ethereum price stagnates in its ETH and BTC pair as investors’ expectations for a spot ETH ETF dwindle.

Worldcoin reaches 10M users, 70M transactions and at least 13 goats bought

OpenAI CEO Sam Altman’s identity coin startup Worldcoin’s World App now has more daily users in April than its entire monthly user count to start 2024.

Sam Bankman-Fried files to appeal conviction and sentence

The notice of appeal was filed electronically on April 11, nearly two weeks after the former FTX CEO was sentenced to 25 years in prison.

BlackRock could open the door to US-regulated stablecoins

The increasing engagement of Wall Street firms in the stablecoin market may accelerate regulatory advancements and pave the way for a private counterpart to the digital dollar.

Ubisoft teases new blockchain game at Paris Blockchain Week

The AAA game developer aims to launch its first blockchain-based game by the end of 2024.

NASA created VR metaverse to prep astronauts for life on lunar space station

“When they slip on their headsets, they’re not just seeing the station—they’re in it,” according to a NASA blog post.

Nigeria’s government is blaming Binance for its own mismanagement

Nigeria's currency is collapsing because of financial mismanagement. Now, two Binance employees have been entangled in the government's search for scapegoats.

Ghostface Killah Ordinals drop today, Women & Weapons… violent? NFT Collector

Wu-Tang Clan’s Ghostface Killah drops 10,000 musical Bitcoin Ordinals, Women and Weapons isn’t violent, it’s about strength: NFT Collector.

Web3 developer Community Labs pledges $35M for Arweave ecosystem accelerator

Qualified projects will be able to pitch their products to prominent VCs after the 10-week accelerator.

Chainlink aims to bolster cross-chain security via Transporter

Chainlink aims to make cross-chain bridges, which account for nearly 50% of all value lost to DeFi exploits, more secure.

Sam Bankman-Fried asks to stay in Brooklyn prison for appeal

Judge Lewis Kaplan said at a March 28 sentencing hearing that the former FTX CEO would serve his time at a medium- or low-security prison in the San Francisco Bay Area.

Solana memecoin frenzy raises questions about crypto utility, reputation

The Solana memecoin frenzy has seen several tokens rise to multimillion-dollar market capitalizations within days.

Bitcoin funding rates stay cool while BTC price coils beneath $71K

Bitcoin bulls escape a fresh inlation-induced burn as U.S. PPI figures drop faster than expected and BTC price action challenges $71,000.

Circle enables USDC transfers for BlackRock’s first tokenized fund

BlackRock USD Institutional Digital Liquidity Fund, the first tokenized fund launched by BlackRock, can now be transferred to Circle using the USDC stablecoin.

Dubai crypto watchdog aims to ease burdens for small entities

Dubai's VARA CEO, Matthew White, is pioneering a revolutionary approach to crypto regulation, aiming to empower small firms while fostering innovation. Dive into the details of his strategy unveiled at the Paris Blockchain Week.

90% of Bitcoin ETF inflows are still retail — VanEck CEO

The CEO of investment management firm VanEck says spot Bitcoin ETFs have mainly attracted capital inflows from retail investors in the four months since their launch.

Why XRP price might jump 70% vs. BTC after the Bitcoin halving

Whale accumulation patterns and critical Bitcoin halving fractals suggest a significant rebound for XRP/BTC price in the upcoming months.

Hashing It Out: Are RWAs the future of crypto?

In episode 54 of Hashing It Out, Micah Yeackley, the co-founder of Kula DAO, discusses how tokenizing traditional illiquid assets opens up investment opportunities to a broader audience.

Binance Labs shifts investment focus to Bitcoin DeFi

BTCFi protocols are gaining traction ahead of the anticipated Bitcoin halving event on April 19. Can they match Ethereum-native DeFi in the future?

Kraken ends Monero trading in Ireland and Belgium ahead of ban

Users with Monero balances on Kraken after the deadline will have their coins automatically converted into Bitcoin.

EU watchdog warns handful of exchanges may dominate crypto market

Binance alone accounted for about half of all trading volume, though its market share fell to 40% by December 2023 and has been declining since December 2022.

Image