Blockchain News Post

Don’t miss real-time updates

Decentral Block Post

Access real-time blockchain and cryptocurrency news updates from around the globe.

Jack Dorsey’s Block sees Bitcoin revenue grow 9% to $2.6B

Block’s Bitcoin revenue exceeded $2.61 billion during the second quarter of 2024, contributing to a total net revenue of $6.16 billion for the period.

North Carolina lower chamber overturns governor’s veto of CBDC ban

The bill received strong support in the General Assembly. Now the state Senate will consider overturning the veto.

Google’s new Gemini AI model dominates benchmarks, beats GPT-4o and Claude-3

This is the first time Google’s taken the top slot on the Chatbot Arena leaderboard.

Bitcoin price crumbles to $62K support, but derivatives metrics show bullish signs

Bitcoin’s price continues to correct, but BTC options markets reflect traders’ interest in the $62,000 level.

BlackRock's tokenized BUIDL fund has paid $7M in dividends since March

According to researcher Tom Wan, tokenized United States Treasury funds could see $3 billion in capital investment by the end of 2024.

VC Roundup: Investments in Web3 startups top $1B in July

This edition of Cointelegraph’s VC Roundup features Pichi Finance, Sybill, Hyperbolic, Raad Labs, and zkLink.

$95K or $120K? Bitcoin traders diverge on next BTC price top

Bitcoin could reach a macro price top of above $100,000, but can BTC stage a weekly close above $71,500 to confirm a breakout?

Galaxy Digital stock pullback a buying opportunity — Analyst

Shares are a bargain after second-quarter earnings sent the stock down roughly 16%, says Benchmark analyst Mark Palmer.

Elon Musk accepts challenge to fight president of Venezuela

After ducking Mark Zuckerberg, Musk has now agreed to fight 61-year-old Nicolas Maduro on live TV.

Republican supported by crypto Super PAC loses Arizona primary

Defend American Jobs used roughly $600,000 in a media buy for Republican Blake Masters, just one of three Arizona candidates crypto PACs supported in 2024.

Celestia on pace to surpass Ethereum in data storage — Research

Celestia has been steadily winning market share in data storage from Ethereum since May.

CleanSpark's mining expansion continues with Wyoming facilities

The US miner is now the second-largest by market cap, after flipping Riot Platforms.

Montenegro Appellate Court upholds Do Kwon extradition to South Korea

Since 2023, the decision to send the Terraform co-founder to South Korea or the United States has been contested in Montenegrin courts.

US, UK accelerate quantum computing programs after China breakthrough

China’s room-temperature time crystals could radically affect the timeline for the arrival of useful quantum computers.

Arbitrum-based DuelNow receives $11M funding as Web3 betting heats up

DuelNow is the latest in a string of Web3 gambling venture deals amid surging activity on Polymarket.

How to become a global citizen, with or without crypto — Nomad Capitalist

International migration may spike in the future due to geopolitical instability, financial collapse or changes to the climate.

Morpho secures $50M funding led by Ribbit Capital for onchain lending

Morpho Labs has raised $50 million from over 40 investors, including Ribbit Capital, which also invests in Revolut, NuBank, Coinbase, Robinhood, Mercado Libre, Figure, and Uniswap.

NY authorities announce charges related to ‘sham’ crypto recovery firm

The New York County District Attorney seized roughly $14,000 that Coin Dispute Network operators allegedly stole from users.

5 ways crypto bots are ruining crypto — including auto memecoin rug pulls

Crypto bots are automatically rug-pulling memecoins, extracting billions in MEV and ruining airdrops for users and projects alike.

Bitcoin ignores 100% Fed rate cut odds as BTC price taps 2-week lows

BTC price weakness failed to resolve the day after FOMC, with Bitcoin liquidity grabs still the main talking point for traders.

Image