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.

CV Summit 2022 panel: The importance of accessibility and community education

Cointelegraph’s editor-in-chief Kristina Cornèr moderated a panel discussion revolving around accessibility and education in the blockchain sector.

Ethereum’s Merge will affect more than just its blockchain

Ethereum's Merge will have a vast impact on cryptocurrency, particularly on some — like decentralized application (DApp) developers — who rely on Ethereum to conduct their business.

Analyst on $17.6K BTC price bottom: Bitcoin 'not there yet'

Bitcoin's (BTC) market behavior is not yet “synonymous” with previous bear market bottoms, one of the leading crypto analysts argues.

In a Twitter thread on Sept. 14, statistician Willy Woo, creator of data resource Woobull, offered three examples of why BTC/USD should still have further to fall.

Despite many calling a new macro price bottom during June’s trip to $17,600, not everyone is confident that Bitcoin will avoid a retest.

For Woo, there is still reason to believe that lower levels will mark the new price floor — and this could be anywhere, including below $10,000.

"Underwater" supply short of bottom zone

One metric Woo flags is the percentage of the overall BTC supply held at a loss — now worth more than the price at which it last moved.

image
Continue reading

BNB Chain to collab with Google Cloud to bolster Web3, blockchain startups

BNB Chain ecosystem participants are set to have access to Google Cloud services in a newly formed collaboration.

Guide to real-life crypto OGs you’d meet at a party (Part 2)

"I think OGs are hard core believers who went all-in when nobody else was paying attention to the space."

Guide to real-life crypto OGs you’d meet at a party (Part 2)

In Part 1, we detailed three of the different kinds of crypto OGs you might meet at an industry party.

They were: (1) shadowy super coders and/or anon founders, (2) “reputable” and respected OG industry leaders like Vitalik Buterin and Brian Armstrong, and (3) the comeback OGs, who were trying to shake off the stink of a failed project.

This time around, we meet even more categories of crypto OGs, with insight from the insiders most familiar with them.

 

 

Sam Bankman Fried in a Youtube interview
Continue reading

Fixed interest rates to create a DeFi 2.0 for institutions, says former bank exec

In its latest seed funding Infinity Exchange investors allied behind the need for an increase in more secure institutional investment.

Blockchain oracle network XY Labs' shares start trading at SEC-registered platform

The blockchain oracle provider said that this will be the first time that its shares will be available at a regulated trading venue.

Downsides of Proof-of-Work and Proof-of-Stake, explained

Not all consensus mechanisms are born equal — and the differences between major blockchains can have a huge effect on gas fees and transaction speeds.

Emerging markets lead global adoption index: Chainalysis report

Lower-middle income countries hold a majority of the positions in the top 20 countries in terms of crypto adoption.

Selling the rumor? Biggest Ethereum Merge staker Lido DAO loses 40% in 30 days

Lido DAO (LDO) has declined by more than 40% in the last 30 days with more room to fall in the coming days amid a potential sell-the-news event, i.e. the Merge.

Lido DAO Ether deposits surge 160% in 2022

Lido DAO is Ethereum's biggest staking service, having deposited over 4.14 million of the blockchain's native asset, Ether (ETH), into the Ethereum 2.0 smart contract on behalf of its users, according to the latest data.

ETH 2.0 total value staked by provider. Source: Glassnode

In comparison, Lido DAO's total staked amount was around 1.6 million ETH at the beginning of this year. The boom reflects a growing demand for Lido DAO services ahead of Ethereum's scheduled transition from proof-of-work to proof-of-stake via the Merge on Sep. 15.

LDO, a governance token in the Lido DAO ecosystem, has also undergone an unprecedented price rally in recent months, up more than 350% after bottoming out at $0.39 in June.

Still, the token's sharp correction in the past month raises the possibility of an extended downtrend now that the pre-Merge hype is nearing its end. In addition, a technical setup also alerts about a potential price decline ahe.

image
Continue reading

Busan signs MoU with Huobi, gets more help for local crypto exchange

Huobi Global is the third major cryptocurrency exchange to pen a blockchain ecosystem development agreement with the South Korean city.

South Korea issues arrest warrant for Terra Founder Do Kwon

A court located in Seoul, South Korea issued a warrant for the arrest of Kwon and five other people who are currently in Singapore.

BTC price clings to $20K as US stocks lose the equivalent of 4 Bitcoin market caps

Bitcoin (BTC) briefly lost $20,000 support overnight into Sep. 14 after hot United States inflation sent risk assets crashing lower.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Markets lose big in bid to "fight the Fed"

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit lows of $19,870 on Bitstamp — its worst since Sep. 9.

The move came amid a stocks rout triggered by Consumer Price Index (CPI) inflation data for August coming in above expectations.

Despite still being lower than July, the market had hoped for a quicker cooling of inflation more broadly and hence the chance of a quicker loosening of policy by the Federal Reserve.

With that prospect now appearing slim, equities indexes hemorrhaged value, with Apple losing $154 billion — the sixth-biggest daily loss in U.S. stock market history.

image
Continue reading

Sci-Fi NFT comic book project lays the foundation for CCG development

DAO members vote and decide on the future of the story by minting, collecting and crafting panels and pages of comic book issues.

Bitcoin is the perfect settlement layer to build apps on top of: Hiro CEO

Bitcoin programmability may also help further drive Bitcoin adoption as both a technical and financial layer in our society, which in turn may “drive up the price” over the long term.

ETHW Core to push on with Ethereum PoW fork 24 hours after Merge

ETHW Core plans to split off from the main ETH blockchain and maintain a PoW version to keep ETH mining alive beyond The Merge.

$491B asset manager KKR’s health care fund tokenized on Avalanche

To access the fund on the Securitize protocol, investors need to submit their passport, fill out personal and tax information and complete a "liveness check."

Final Fantasy creators join Oasys blockchain, gamers whine about it

As part of the deal, Square Enix will develop games on Oasys’ PoS network, joining the likes of Sega, Double Jump, Bandai Namco and Ubisoft.

Linux to launch Foundation to support digital wallet development

The foundation apparently does not intend to create its own digital wallet, however. Its' goal is to make it easier for companies to create wallets for themselves.

Image