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.

FixedFloat confirms $26M exploit in Bitcoin, Ether

The crypto exchange team confirmed the attack on Feb. 18, a few hours after the first reports emerged on X (formerly Twitter).

What are utility NFTs, and why do they matter?

Utility NFTs are more than just collectibles; they are powerful tools for unlocking access, rewards and unique experiences.

BTC price dices with $52K as CME Bitcoin futures OI hits record $6.8B

Bitcoin open interest suggests the potential for fresh volatility as BTC price support levels become clear for the weekly candle close.

VC blockchain and crypto funding rises in Q4 2023: Report

The growing interest of financial institutions in crypto is attributed to the launch of the first spot Bitcoin ETFs in January, according to a report from PitchBook.

VanEck admits ETF marketing violation, agrees to SEC fine

The regulator noticed an undisclosed detail: the influencer’s fee was tied to the fund’s growth, guaranteeing higher compensation as the fund expanded.

Genesis GBTC sell-off will balance out in crypto market — Coinbase

Coinbase forecasts that funds from Genesis' GBTC sell-off would "remain within the crypto ecosystem," despite fears of it potentially impacting Bitcoin's price.

Aussie cop accused of stealing 81 Bitcoins during raid: Report

The Australian federal police officer denies allegations of taking Bitcoin from a hardware wallet at the crime scene and transferring it to crypto exchange Binance.

Ether staking tops $85B, US banks fighting for BTC custody slice, and more: Hodler’s Digest, Feb. 11-17

Ether staking reaches $85 billion, U.S. banks push SEC to update crypto definition, and Changpeng Zhao’s sentencing is delayed.

Bitcoin ETFs posted $2.2B net inflows over the week

BlackRock's Bitcoin ETF received most of the week’s inflows, amassing $1.6 billion in capital from Feb. 12 to 16.

Bitcoin price unlikely to hit all-time high before the halving — Here’s why

Bitcoin price might fail to top $70,000 before the April 2024 supply halving, but the longer-term projection looks positive.

FTX creditors sue bankruptcy law firm S&C alleging fraud involvement

FTX creditors are seeking damages against the law firm Sullivan & Cromwell for its prior involvement with the crypto exchange.

OpenAI’s valuation reportedly soars to $80 billion in latest deal

The firm reportedly plans to sell current shares in a tender offer allowing employees to sell their shares, differing from a standard funding round to raise capital for business operations.

Tech giants pledge to curb AI election interference

The agreement is voluntary and doesn’t go as far as a complete ban on AI content in elections.

What is a blockchain validator?

A blockchain validator verifies transactions in the proposed blocks and helps build new blocks. In return, they receive cryptocurrency.

Bitcoin mining difficulty surpasses 80 trillion ahead of halving

At its automated readjustment on Feb. 15, Bitcoin mining difficulty was due to increase by an estimated 6%.

Jupiter's compliance division revokes investment in Ripple XRP ETP: Report

Jupiter Asset Management's compliance department reportedly flagged and then cancelled the Ripple XRP ETP purchase, resulting in a minor loss.

Celsius distributes $2B of crypto to 172K creditors

According to the court filing, around 20,500 Bitcoins and 301,000 Ether tokens have been distributed among eligible creditors, without any security or operational issues.

Crypto could learn about whistleblowers from the SEC

Cryptocurrency needs a whistleblower program to diminish the likelihood of FTX-style manipulation or fraud during the bull market ahead.

Honduras regulator bans banks from holding, transacting with crypto

The National Banking and Securities Commission of Honduras imposed the ban because of the country’s lack of regulation.

Coinbase donates $3.6M to Bitcoin developers through Brink

The donation went through Coinbase’s GiveCrypto initiative, which the exchange announced in December it planned to wind down.

Image