Blockchain News Post

Don’t miss real-time updates

Decentral Block Post

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

New figures show hardly anyone is using ERC-4337 smart accounts

Account abstraction advocate John Rising shared “sobering” figures concerning the adoption of ERC-4337 smart accounts.

Elon Musk AI project-inspired memecoin ‘Grok’ falls 74% on creator scam claim

A memecoin drawing its name from the Grok AI project plummeted after allegations that its social media account was recycled from that of a former scam token.

DeFi vulnerability leading to $6.7M exploit ‘not detected’ by auditors

The project was previously audited by Trail of Bits and Hats Finance.

Taiwanese crypto exchange and VASP member Bitgin under investigation for money laundering

The exchange confirmed its chief operating officer’s brief relationship with an alleged money laundering group in a statement on Nov. 13.

No CZ, no problem: Binance Blockchain Week showcases Turkish crypto industry

Binance picked the Bosphorus as the backdrop for Binance Blockchain Week, the flagship event in its 2023 calendar.

Chinese hackers use fake Skype app to target crypto users in new phishing scam

Crypto security firm SlowMist has discovered several wallet addresses linked to a phishing scam that drained hundreds of thousands of dollars from unsuspecting crypto users.

Brad Garlinghouse jabs at maximalists: ‘It will be a multichain world’

Ripple CEO Brad Garlinghouse discussed discouraging maximalists and factors that could drive further institutional adoption at the recent Ripple Swell event held in Dubai.

Hackers claim to have stolen user data from defunct crypto ATM firm Coin Cloud

The hackers say they have nabbed the data of about 300,000 users of Coin Cloud residing in the United States and Brazil.

THORChain becomes third-largest DEX as RUNE surges 50% in a week

THORChain’s $1.32 billion in trading volume over the last week only trails Uniswap and PancakeSwap among decentralized exchanges.

Take Bitcoin profits at $110K, CME tops Binance in BTC futures open interest: Hodler’s Digest, Nov. 5-11 

The Chicago Mercantile Exchange surpasses Binance by one metric, OneCoin legal officer pleads guilty, Bitcoin’s cycle high could be $110K.

Number of Bitcoin millionaire wallets triples in 2023

Over 81,000 wallet addresses now hold $1 million or more worth of Bitcoin.

Bitcoiners pitch draft bill to preserve blockchain, decentralization in Argentina

The group, “Bitcoin Argentina,” previously rejected the idea that regulation was needed in the cryptocurrency industry.

Why the service industry needs blockchain, explained

The service industry needs blockchain for enhanced security, transparency and efficiency in managing transactions, contracts and customer data.

Demand for Bitcoin could grow by up to 10X within 12 months: Michael Saylor

The MicroStrategy co-founder emphasized that demand for Bitcoin will significantly ramp up following the halving next year.

3 theses that will impact Ethereum and Bitcoin in the next bull market

Cryptocurrency is going to break out of its bubble and reach critical mass thanks to layer-2 blockchains — and a couple of other factors.

‘$10K JPGs’ scare away gamers, Animoca’s crypto game streaming plans: Web3 Gamer

Animoca buys game streaming platform Azarus that rewards users with crypto, Project Xeno, and why $10K NFTs scare away real gamers.

JPMorgan rolls out programmable payments for institutional blockchain platform JPM Coin

JPMorgan’s blockchain platform JPM Coin has introduced programmable payment functionality for its institutional users.

UK cryptocurrency scams jump 23%, young investors prime targets: Lloyds Bank

According to the bank, potential cryptocurrency investors usually make an average of three payments before recognizing they’ve fallen victim to a scam.

Poloniex exchange suffers $100M exploit, offers 5% bounty

Over $100 million in digital assets were transferred from a wallet belonging to crypto exchange Poloniex in what security firms believe to be a massive hack.

China declares stealing digital collections like NFTs liable for criminal theft sentence

The Chinese government says theft of digital collections violates the protection law and interests of the crime of illegally obtaining computer information system data.

Image