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.

Cosmos patches ‘critical’ IBC protocol bug saving $126M

IBC has always had the bug but it only recently became exploitable due to developments in the protocol’s codebase, Asymmetric Research said.

BlackRock, Grayscale have to wait for SEC’s spot ETH ETF decisions

Amendments are slowing down the SEC in both cases, although observers say the agency is not really engaged with them.

Binance exec will remain in Nigerian custody until May 17 bail hearing: Report

The question of Tigran Gambaryan’s bail in Nigeria was expected to be addressed in an April 22 hearing, which has reportedly been pushed back to May 17.

BlackRock aware that RWAs are ‘multitrillion-dollar opportunity’ — Kinto co-founder

Kinto co-founder Victor Sanchez says real-world asset tokenization could be the future of finance and explains why BlackRock has decided to get in on the action.

‘I’ve moved on to other things’ — Satoshi Nakamoto’s final email revisited after 13 years

In the last known communication in 2011, Satoshi Nakamoto disclosed they had moved on to other things, handing over Bitcoin to the community.

Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’

The Block — then Square — CEO initially suggested the idea of a collaborative approach to decentralize Bitcoin mining in October 2021.

Token airdrops targeted by farm accounts and ‘Sybil attacks’

Airdrop squatters are creating fake accounts on platforms for the sole purpose of farming airdrop tokens, thus taking away share from loyal users.

Ethereum price data points to strong resistance at $3.5K

Ether faces subdued demand as investors’ expectations of a spot ETH ETF approval continue to slump.

Fidelity’s Bitcoin ETF draws $40M in largest single investment from advisers

Financial advisers Legacy Wealth Management and United Capital Management of Kansas have each invested $20 million in shares of the Fidelity Wise Origin Bitcoin Fund (FBTC).

SEC pushes decision on Franklin Templeton spot Ether ETF

The commission will have until June 11 to decide on the Cboe BZX Exchange listing and trading shares of the Franklin Ethereum Trust.

There’s more to Bitcoin than just the halving — Why it pays to be long on BTC

Bitcoin price has gained 58% since January, but Unchained researcher Joe Burnett says there are plenty of reasons for investors to keep buying BTC.

Bitcoin outperforms Tesla stock for the first time since 2019

Bitcoin price is outperforming Tesla stock for the first time since 2019, though the EV giant still maintains a sizeable BTC stash.

ChainLinkGod was a teenager when he started the account: X Hall of Flame

ChainLinkGod — the reason many invested their net worth into LINK in 2021 — was started by Zach Rynes when he was still in high school.

Tether vows to freeze assets after Venezuela looks to crypto to bypass oil sanctions

USDT-issuer Tether says it will block payments made to OFAC-sanctioned entities after sources claim Venezuela’s state-run oil company is using USDT to facilitate oil exports.

Father-son team says they’ve recovered $6M in lost crypto

The New Hampshire duo uses cracking techniques to access lost wallets.

El Salvador: Hackers leak code of state Bitcoin wallet

After leaking the entire database of Chivo users in early April, the hacker group CiberInteligenciaSV started releasing the wallet’s code.

Blockchain Association and crypto activist group sue SEC over ‘Dealer Rule’

The Blockchain Association and a Texas-based crypto activist group are suing the SEC over its controversial “Dealer Rule” expansion, arguing it threatens the digital asset industry and innovation.

DAO Maker hack victims still await reimbursement 3 years later

Investors say they lost thousands of dollars from the 2021 hack and never received a portion of the funds they were promised as compensation.

‘Money-hungry VCs’ are bad for token launches in the long term — Analyst

Current inflows into altcoins are insufficient to offset some of the big token unlocks and selling pressure from VCs.

Bitcoin FilmFest: Lights, camera, halving as Bitcoin cinema hits Warsaw

The second edition of Bitcoin FilmFest in Warsaw, Poland, screened over a dozen movies and documentaries and coincided with the Bitcoin halving.

Vietnamese tech company to build $200M AI factory with Nvidia

Vietnamese IT firm FTB and Nvidia will join forces to construct a cutting-edge $200 million AI factory, poised to revolutionize the tech landscape in the region.

Crypto.com’s South Korea launch hit by regulatory roadblock

Crypto.com previously obtained a domestic virtual asset business license (VASP) in South Korea after acquiring local crypto exchange OKBit.

Finland's households turn to Bitcoin mining to heat homes

Bitcoin enthusiasts in Finland have integrated two Bitcoin mines with district heating facilities enabling heating homes while mining BTC.

Ripple contests $2B SEC fine, says penalty shouldn’t exceed $10M

Ripple said in a filing that the SEC’s “Draconian remedial requests” do not have grounds in law or principle.

Europe’s largest banks are moving into crypto thanks to regulations — Bitpanda

Some of Europe’s largest banks are developing crypto solutions thanks to the regulatory clarity provided by the MiCA framework.

Philippines SEC orders Apple and Google to remove Binance from app stores

The Philippines SEC mandates the removal of the Binance app from Google and Apple stores in the country citing security threats to investors and, potentially, the local economy.

Nifty News: PayPal removes NFT protections, Adidas NFT sneakers and more

Amended PayPal policies excluding NFTs from buyer and seller protection coverages will take effect on May 20.

Wallets linked to Coinbase and Vitalik Buterin have millions ‘stuck’ in bridge contracts

Arkham Research tagged and notified wallet owners to look at the addresses and retrieve their funds, which have been stuck for months.

Scammers eye Toncoin as Telegram-TON partnership grabs headlines

Telegram’s integration of the TON blockchain and its native Toncoin token has become a honeypot for scammers promoting a referral pyramid scheme.

Bitcoin Bollinger Bands hit level that saw BTC price squeeze past $50K

The Bitcoin volatility indicator suggests that BTC price action is due for a breakout as it returns to levels last seen in mid-February.

Image