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 analysis predicts 'spicy' BTC price into FOMC as $27K holds

Bitcoin market gurus anticipate BTC price volatility to hit around the latest FOMC interest rates decision and Fed press conference.

Brazilian lawmakers seek to add crypto to debtors’ protected assets list

Cryptocurrencies may become a part of the personal savings category, protected from seizures on behalf of creditors.

Crypto makes up 70% of South Korean overseas assets: National Tax Service

1,432 individuals and corporations in South Korea have reported holding $98 million in crypto overseas, which is 70% of all reported assets.

Crypto makes up 70% of South Korea's reported overseas assets: Tax agency

1,432 individuals and corporations in South Korea have reported holding $98 million in crypto overseas, which is 70% of all reported assets.

Bitcoin Ordinals creator proposes to change inscription numbering system

Casey Rodarmor, the creator of Bitcoin Ordinals, clarified that the inscription numbers would only be changed, but not scrapped entirely.

Kansas adjourns crypto bill targeting political donations to January 2024

The bill required politicians to “immediately convert” the crypto donations to U.S. dollars — with no scope of expenditures or HODLing the funds.

Former Deutsche Bank exec pleads guilty over ‘R3 Crypto Fund’ scheme

Rashawn Russell faces up to 30 years in prison for his role in the fraudulent cryptocurrency trading scheme.

Criminals more reliant on cross-chain bridges than ever after mixer crackdowns

The sanction of cryptocurrency mixer Tornado Cash in August caused the first major shift, but that is now accelerating even faster than projected.

DeFi protocol Balancer frontend is under attack, users urged to stay away

64 Total views

1 Total shares

Listen to article
News

Balancer, an Ethereum-based decentralized finance protocol has confirmed its user interface is currently "under an attack."

The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users to not interact with Balancer's protocol until further notice.

Balancer said the details of the attack are under investigation. The firm hasn't confirmed whether user funds are safe at this point in time.

US voters across 4 swing states oppose anti-crypto pres candidates: Coinbase

A poll of voters in New Hampshire, Nevada, Ohio and Pennsylvania found 55% would be less likely to vote for anti-web3 presidential candidate, said Coinbase.

Philippines SEC teams up with US counterpart to combat crypto fraud

The Philippine SEC is now collaborating with the U.S. SEC and the Asian Development Bank to better combat crypto-related crime.

Philippines SEC teams up with US counterpart to combat crypto fraud

The Philippine SEC is now collaborating with the U.S. SEC and the Asian Development Bank to better combat crypto-related crime.

How Bitcoin miners can survive a hostile market

Bitcoin mining is becoming harder — which means miners will have to spend more to receive fewer rewards. But there are still ways to be profitable.

Chamber of Digital Commerce launches Digital Power Network miners’ coalition

The new advocacy group already represents over half the country’s Bitcoin hash rate and will seek to shape energy policy and champion Bitcoin and blockchain.

Interest rate hikes may pause very soon — Here’s why

This week, The Market Report discusses Bitcoin’s recent price action and the upcoming FOMC meeting, where some speculate interest rates might be paused.

Sam Bankman-Fried's father dragged his mother into an FTX US salary dispute

A complaint filed in bankruptcy court claimed Joseph Bankman involved Barbara Fried when answers from neither his son or FTX US satisfied concerns around his $200,000 annual salary.

CZ post on X about Ceffu and Binance.US contradicts SEC claims, adds to confusion

“It is more than likely that BAM still doesn’t understand what Ceffu is,” the SEC stated after trying to untangle the web of relationships between entities.

Judges weigh early release for Sam Bankman-Fried as lawyers push First Amendment issues: Report

A panel of three judges at the 2nd U.S. Circuit Court of Appeals in New York reportedly will consider requests from Sam Bankman-Fried’s lawyers for early release from jail.

Circle launches USDC stablecoin on Polkadot Asset Hub

USD Coin (USDC), the second-largest stablecoin by market capitalization after Tether (USDT), continues expanding across different blockchain networks, now being launched on Polkadot.

USDC issuer Circle has officially launched USD Coin on the Polkadot network, the firm announced on Sept. 19. According to the Circle’s website, Polkadot USDC is immediately available for developers and users as the stablecoin can now be transferred to parachains in Polkadot via the XCM protocol using Circle Account and Circle APIs.

According to the announcement, PolkadotUSDC is natively issued on Polkadot Asset Hub, a common parachain that is designed for issuing, managing, and transferring digital assets across the Polkadot ecosystem.

Circle stressed that Circle Account and Circle APIs only support Polkadot USDC natively issued on Polkadot Asset Hub in the Polkadot ecosystem. This means that users must transfer USDC from their Circle Account to an external Polkadot Asset Hub wallet address prior to using XCM.

When transferring USDT from Polkadot Asset Hub to other parachains via XCM, users must transfer back to Polkadot Asset Hub via XCM prior to depositing into their Circle Account, Circle said, adding:

Circle launches USDC stablecoin on Polkadot Asset Hub

Polkadot USDC users should not deposit XCM-transferred USDC from non-Polkadot Asset Hub parachains, Circle has warned.

Image