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.

Poloniex says hacker’s identity is confirmed, offers last bounty at $10M

A community member questioned why Poloniex needed to send an on-chain message in 15 different languages if the hacker’s identity was truly confirmed.

Kronos Research halts trading amid $25M API key hack investigation

While Kronos Research is indefinitely halting trading services until internal investigations track down the culprit who stole over 12,800 ETH, the firm said that potential losses are not a significant portion of its equity.

OpenAI’s Sam Altman ousted, BlackRock and Fidelity seek Ether ETF, and more: Hodler’s Digest, Nov. 12-18

Sam Altman is ousted from OpenAI, BlackRock and Fidelity seek Ether ETF approval and Australia to tax gains from wrapped tokens.

Former Bithumb chair faces 8-year imprisonment

According to prosecutors, Lee Jeong-hoon intended to revamp Bithumb’s governance to gain from exchange coins, circumventing financial regulations.

Sushi to test Bitcoin swaps and Opyn DeFi protocol founders cave to CFTC pressure: Finance Redefined

Sushi is set to test Bitcoin swaps on 30 different blockchains using the interpretability protocol ZetaChain.

ENS developers urge Unstoppable Domains to drop patents or face lawsuit

ENS developer Nick Johnson claims a patent granted to Unstoppable Domains in January is entirely based on ENS Labs innovations.

Tech firm Republic taps Avalanche for profit-sharing investment note

The blockchain-based investment note is issued on Avalanche and will automatically distribute profits to holders’ wallets.

DMT and a Hellboy outfit — How diewiththemostlikes got on SuperRare: NFT Creator

Relentless & funny NFT Creator diewiththemostlikes says “good meat” instead of “gm!” and got on SuperRare thanks to DMT and a Hellboy outfit.

How to backup your crypto wallet private keys

To securely backup your crypto wallet private keys, create an encrypted offline copy on a hardware wallet or write them on paper.

AI's energy consumption concerns echo Bitcoin mining criticisms, says Heatbit founder

While artificial intelligence continues to grab headlines, small and large-scale Bitcoin miners might not necessarily jump ship to the AI and machine learning hype train.

Sushi taps into ZetaChain to begin testing native Bitcoin DeFi swaps

Decentralized exchange Sushi will test native Bitcoin DeFi functionality that promises to allow users to swap BTC across 30 blockchain networks.

Singapore central bank to trial live wholesale CBDC for settlements

The Monetary Authority of Singapore has unveiled its plan to launch a live wholesale CBDC used for settlements by local banks.

Web3 should draw newcomers, not be a ‘money grab from brands’ — Tech CEO

Using Web3 and NFTs to create another slate of millionaires isn’t a good use of the technology, says EndeavourXR CEO Amy Peck.

Polygon gas fees spike 1000% amid Ordinals-inspired token craze

Gas fees on the Polygon network reached as high as $0.10 during a mad rush to mint an Ordinals-inspired token called POLS.

No civil protection for crypto in China, $300K to list coins in Hong Kong? Asia Express

Chinese court knocks back civil lawsuit over “illegal” crypto, Hong Kong exchanges gain momentum, The Block gets $60M from Singapore firm.

Failed '$175M' real estate token raise draws ire of Texas regulators

"GS Partners promoted the products through a multilevel marketing scheme paying lavish commissions," regulators say.

Boosting blockchain adoption by keeping tech on the back end

Builders are increasingly looking to streamline their applications with more familiar interfaces to onboard new users,

AI identity platform combats ownership and deep fakes

The new AI identity platform Hollo.AI takes on key topics of transparency, ethical use and content sovereignty in the age of rampant AI-generated deep fakes.

Dubai’s crypto regulator VARA switches leadership as it ramps up operations

Outgoing head Henson Orser will remain a consultant after Matthew White takes over as the new CEO of Dubai’s Virtual Asset Regulatory Authority.

Game distributor G2A opens gaming-focused NFT marketplace

G2A Capital Group CEO Bartosz Skwarczek said that the marketplace will help gamers find information on Web3 games and buy and sell assets associated with the games.

Ethereum L2 Starknet aims to decentralize core components of its scaling network

Starknet has laid out its road map to begin decentralizing core components of its Ethereum layer 2 scaling network to defend against censorship and improve robustness.

Blockdaemon among founders of BSN Spartan Network governing body

The BSN Foundation’s “non-cryptocurrency” approach aims to create a stable network that would not be as volatile as traditional cryptocurrencies like Bitcoin.

Philippines to sell $179M in tokenized treasury bonds for the first time

Real-world asset tokenization as a concept has existed for some time. However, in 2023, with the growing interest of institutions, various governments have started experimenting with the idea.

Solana hoses down ‘inaccurate’ CertiK report on Saga phone security flaws

CertiK claims Solana’s Saga smartphone contains a critical “bootloader vulnerability” — Solana Labs says the claims are entirely inaccurate.

Solana jumps 20% as Cathie Wood lauds its speed and cost over Ethereum

Solana has drastically outperformed other major crypto assets, gaining nearly 200% in the last month.

Layer 2 networks hit $13 billion TVL but challenges still remain

Data from L2Beat shows that layer 2s are seeing greater adoption than ever before as users continue to desire lower gas fees.

Breaking into Liberland: Dodging guards with inner-tubes, decoys and diplomats

Visiting Liberland — a crypto micronation between Croatia and Serbia — required decoys and diplomatic immunity to dodge the border guards.

Microsoft, Tencent and other tech giants join Decentralized Infura Network

Infura said the partnerships mark a major milestone in decentralizing and making its network more censorship-resistant.

Web3 advocate and author Alex Tapscott on the future of blockchain mass adoption

Alex Tapscott says Web3 offers “a set of tools” that can be used to “build new business models, to create new kinds of organizations [and] to transform existing industries.”

Binance Labs invests in ARKM, the native token of Arkham platform

Binance Labs, the venture capital arm of Binance Exchange, has invested in ARKM, the native token of the crypto intelligence platform Arkham.

Image