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.

From zombie to unicorn: VCs discuss startup turnaround at Web Summit Qatar

The key to avoiding startup stagnation is agility, according to Golden Gate Ventures’ Michael Lints and Plus Venture Capital’s Zainab Al Sharif.

Solana NFTs hit $5B in sales, Greg Solano takes reins at Yuga Labs: Nifty Newsletter

Solana-based nonfungible tokens have reached a new milestone, hitting $5 billion in all-time sales volume in February.

HashKey OTC secures in-principal license approval in Singapore

Its parent company, HashKey Group, attained unicorn status in January with a $100 million Series A funding round at a valuation of $1.2 billion.

Bitcoin layer-2 staking offers a superior alternative to interest rates

Unlike traditional interest rates, Bitcoin staking reward rates are determined by the users who participate rather than central banks.

Was the ETH price flash crash to $3,180 triggered by excessive leverage?

Demand for Ether leverage sharply increased in the past 24 hours, but data does not point to liquidations being the main driver for the price correction.

SBF sentencing: Letters highlight efforts to recover FTX funds

The FTX collapse and initial efforts to recover funds are described in new letters attached to Sam Bankman-Fried’s sentencing submission.

Coinbase users report zero balance bug as Bitcoin price taps $64K

While Bitcoin was flirting with a new ATH, an apparent bug caused Coinbase users to see their account balances hit all-time lows.

Bitcoin price hits $64K as traders anticipate new all-time high before halving

Bitcoin price continues its parabolic rally with a swift move to $64,000. Is a new all-time high the next stop?

Sam Bankman-Fried’s brother: ‘His life would be wasted in prison’

The former FTX CEO’s mother, father, and brother all wrote letters to Judge Lewis Kaplan suggesting that SBF’s lack of social awareness could lead to problems in prison.

Unofficial GameStop memecoin’s $4M token presale draws investor controversy

The memecoin project wants to follow in the footsteps of the Wall Street Memes token, but it has allegedly yet to send coins to investors who have already paid.

How to bridge to Solana

You can move digital assets from various blockchains to Solana using decentralized bridges or centralized platforms. Under the hood, bridges work through a lock-and-mint mechanism.

Solana eyes $600 target in upcoming crypto surge

In recent quarters, Solana's increasing on-chain activity points to a strong underlying demand for SOL tokens.

How the digital yuan could change the world… for better or worse

China’s digital yuan is probably the world’s leading central bank digital currency. In spite of its high level of development, it is not widely used.

Matrixport warns of market euphoria, correction after Bitcoin's $60K milestone

The blockchain financial service firm argued in January that a spot Bitcoin ETF would not be approved by the U.S. Securities and Exchange Commission.

Binance revamps VIP Invitations Program to entice traditional asset traders

The new Binance initiative extends its VIP program to traditional asset traders, aiming to bridge the gap between crypto and traditional finance.

Energy-efficient miners in US less likely to be impacted by Bitcoin halving

Bitcoin miners in the United States explain how energy-efficient models will help keep operations profitable post-halving.

Bitcoin breaches $60K for the first time in over 2 years

The last time Bitcoin traded above $60,000 was in November 2021, shortly after it reached its all-time high. Is a “pre-halving retracement” imminent?

Telegram ad platform to launch via TON blockchain

Telegram channel owners will start receiving 50% of all advertising revenue generated in their channels.

Mad Lads’ Backpack Exchange closes $17 million Series A led by Placeholder VC

The funds will be used to continue the exchange’s global expansion and further improve products, its founder told Cointelegraph in an exclusive interview.

CoinGecko enables access to on-chain DEX data via API

The new update expands CoinGecko’s API coverage to 2.2 million tokens across 2.5 million liquidity pools.

Bitcoin breaks ATH against a dozen currencies as BTC price breaches $59K

The new BTC ATH against several fiat currencies shows their declining market value due to rising inflation.

Privacy-focused Aleo says KYC leak is copy and paste error

According to Aleo’s statement, it has begun implementing new long-term technical controls for its KYC confirmation practices.

Amazon denies using AI voice in Road House remake

Road House scriptwriter Lance Hill sued Amazon Studios for alleged misuse of AI and copyright infringement during the movie’s upcoming remake.

Bitcoin approaches $60,000 after 3.7% daily gain

The last time Bitcoin traded at similar levels was in November 2021 before correcting from its all-time high of $68,789.

Palm-scanning identity protocol gets funding from over 20 VCs

Humanity Protocol claims it offers a less invasive alternative than iris scans, seemingly taking a jab at the popular digital identity project Worldcoin.

FTX founder SBF asks for a 6.5-year sentence, tells prison guards to invest in Solana

A report published in The New York Times claimed SBF is giving investment advice to prison guards, reportedly asking them to invest in Solana.

IRS hires 2 private-sector crypto experts to prep for tax season

The IRS will use the funding from the Inflation Reduction Act (IRA), a federal law aimed at curbing inflation, to build compliance in emerging areas, which includes digital assets as a top priority.

OpenAI accuses New York Times of hacking AI models in copyright lawsuit

The “hacking” OpenAI mentions in the filing could also be called prompt engineering or “red-teaming,” according to The New York Times’ attorney.

Elizabeth Warren wants ‘level playing field’ for crypto and Big Tech AI blocks

The U.S. senator wants crypto and traditional finance to play by the same rules and for tech giants to be barred from developing AI models in a bid to ensure competition.

‘The Nine’ spot Bitcoin ETFs see $2B volume for 2nd straight day

BlackRock's ETF also notched a new record $1.3 billion in daily volume in what an analyst described as “another intense volume day” for the funds.

Image