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.

Arthur Hayes sees sub-$50K BTC price as Bitcoin risks 'stark' trend shift

BTC price targets are increasingly looking for a rematch with last month's lows as Bitcoin chartists highlight formidable resistance levels.

Crypto venture capital funding surges to $633M in August rebound

Crypto VC funding rose 15% from July, with growing investor interest in blockchain infrastructure development.

Ripple co-founder signs letter endorsing Harris for president

Previously, another former Ripple board member, Gene Sperling, left the White House to join Kamala Harris’ 2024 presidential campaign.

Rare Ape CryptoPunk sells for $1.5M amid market downturn

CryptoPunk #6915, one of only 24 Apes, saw offers earlier this year of over $6 million, marking a 78% drop in value.

Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops

Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs.

X complies with EU data laws, stops AI chatbot data collection

X has resolved its legal battle with the European Data Protection Commission by agreeing to halt AI data collection practices and erase user data.

Telegram changes FAQ language on illegal content moderation after CEO’s arrest

Telegram’s answer to an FAQ on moderating illicit content removed language saying it does not process requests related to private chats.

Magic Eden faces backlash over US service segregation

Magic Eden’s US-exclusive domain introduces service restrictions, sparking frustration over feature limitations like airdrops.

Hacker praised after $27M crypto heist from Penpie DeFi protocol

The $27 million Penpie hack caught the attention of the notorious Euler Finance hacker, who sent an onchain message to a fellow criminal.

Bitcoin traders brush off September blues, say closing price may ‘surprise the bears’

Tyr Capital’s chief investment officer thinks Bitcoin is more likely to finish September above $60,000 than below.

Bitcoin traders brush off September blues, say closing price may ‘surprise the bears’

Tyr Capital’s chief investment officer thinks Bitcoin is more likely to finish September above $60,000 than below.

Trump vows to make US 'world capital of crypto,' taps Musk for new task force

 “Instead of attacking industries of the future, we will embrace them,” said Donald Trump in reference to the crypto industry in America.

Monochrome confident as it files for Australia’s first ETF to hold Ether directly

Monochrome’s CEO says the firm’s Bitcoin ETF has seen growth from its in-kind subscription mechanism and hopes an Ether ETF could see similar inflows. 

‘Unlucky' MEV bot takes out huge $12M loan just to make $20 in profit

An MEV bot took out a $11.9 million loan to sandwich attack a user, but barely made enough to cover lunch.

Ether all-time high in 2024 'possible, but not highly likely'

A crypto analyst notes that while spot Ether ETFs have gained “Wall Street attention,” they now compete directly with tech stocks, which are delivering “better revenue and multiples.”

Crypto in ‘extreme fear’ as Arthur Hayes tips ‘sub $50K’ Bitcoin weekend

Crypto market sentiment dropped back into “extreme fear” amid Bitcoin’s price slump, with Arthur Hayes calling that it could drop again.

‘Reflection 70B’ AI model could be the answer to pesky LLM hallucinations

The AI model has been trained with “Reflection-Tuning,” which is designed to help it learn from its mistakes and fix them.

87% of crypto registrations failed in UK over ‘weak’ fraud, AML controls

Only 4 out of 35 crypto business registrations were accepted by the UK Financial Conduct Authority citing concerns with money laundering adherence.

Bitcoin yield opportunities are booming — Here’s what to watch for 

Bitcoin has historically been terrible as a yield asset. Fortunately, the options for earning interest are beginning to abound.

‘First fast’ Ethereum scaler Movement peaks at 12K TPS on testnet

Movement Labs co-founder Rushi Manche claims his Ethereum scaling blockchain is peaking at 12,000 transactions a second on testnet.

Tether for treason in Taiwan, East’s crypto exchange resurgence: Asia Express

China buys military secrets from Taiwanese soldiers with Tether; Asia’s crypto license barrage; scam victim under suspicion: Asia Express

Celestia unveils roadmap to 1-gigabyte blocks

The roadmap comes amid fierce competition in data availability among rivals such as EigenDA and Avail.

US prosecutors allegedly link ex-FTX exec to Chinese bribery scandal

Notes from a 2023 conference call between Assistant US Attorneys revealed allegations against Ryan Salame tied to Alameda Research’s bribery scheme in China. 

Pavel Durov breaks silence for first time since arrest

The Telegram founder is currently prohibited from leaving France and must check in with law enforcement on a weekly basis.

Blockchain experiment results in swarm of decentralized learning robots 

The research focused on securing the machines against physical and cyber-attack while maintaining their decentralized learning capabilities.

Blockstream Mining issues hashrate-backed security token in fundraise

Blockstream is essentially selling four-year claims on the proceeds from its Bitcoin mining operations in exchange for funding.

Blockstream Mining issues hashrate-backed security token in fundraise

Blockstream is essentially selling four-year claims on the proceeds from its Bitcoin mining operations in exchange for funding.

HNT defies market trend with a 21% surge fueled by Helium ecosystem growth

A surge in subscribers and hotspots are key factors in HNT’s recent double-digit surge.

Multiple factors fueling Ether’s ‘dismal’ price action — VanEck

According to analysts at VanEck, Ethereum’s share of decentralized exchange trading volume has dropped from 42% in 2022 to 29% in 2024.

Binance CEO says CZ is banned from managing or operating the exchange

A plea deal filed in November 2023 asked prosecutors to consider that Changpeng Zhao was prohibited from “any present or future involvement in operating or managing” Binance.

Image