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.

Decentralized exchange PancakeSwap moves into GameFi

The DEX has partnered with BNB GameFi protocol Mobox to create a blockchain tower defense game.

LSD for DeFi: Tenet, LayerZero partner to drive cross-chain liquid staking adoption

Cross-chain interoperability protocol LayerZero’s infrastructure aims to drive liquid staking adoption across the DeFi ecosystem.

Bitcoin is on a collision course with ‘Net Zero’ promises

Every year countries are pressured to ramp up their climate change commitments at the COP conference — and Bitcoin mining is an easy target.

Security firm discovers $500M vulnerability in Tron multisig accounts

After reporting the vulnerability to Tron in February, the researchers highlighted that the issue was promptly addressed and resolved within a few days.

Bitcoin Ordinals to bridge Ethereum NFTs with the launch of BRC-721E

The BRC-721E token standard was launched by the Ordinals market along with Bitcoin Miladys to make way for traders to transfer their ERC-721 NFTs onto Ordinals.

Wintermute moves over $4M in Optimism to Binance ahead of token unlock

On-chain analytics platform Spot on Chain reported that Wintermute has already sold these tokens for $1.63 per OP.

Bitcoin Ordinals surpass 10M inscriptions as creator Rodarmor steps down

The number of Ordinals has grown from one to 10 million in less than six months.

Optimism set to unlock $587M worth of OP tokens, will investors unload?

More than 386 million OP tokens are scheduled to be unlocked on May 31, more than doubling the total circulating supply.

Laos government reportedly prioritizes blockchain technology for digital transformation

Laotian Prime Minister Sonexay Siphandone chaired the inaugural Ministerial Conference on Blockchain 4.0 Digital Transformation.

AI Eye: 25K traders bet on ChatGPT’s stock picks, AI sucks at dice throws, and more

ChatGPT always rolls a 4 but tens of thousands of traders are betting millions on its stock picks, AI expands classic album covers, and more.

Ledger CEO says crypto key recovery service makes self-custody easier

Ledger’s “Recover” service may be concerning, but some crypto industry participants think the feature may onboard new users while helping crypto natives.

Another dormant Ethereum wallet reawakens after 8 years, moving millions

Its owner acquired the tokens during Ethereum’s ICO in 2015, when each ETH was worth only 31 cents each.

Bitcoin can bring 'cause and consequence into cyberspace', boost security — Michael Saylor

During an interview, Michael Saylor discussed how crypto networks like Bitcoin can promote security and combat digital trust issues.

Tornado Cash governance control set to be restored as voters approve proposal

A total of 517,000 token votes favored the proposal, with none opposing it.

Arbitrum-based Jimbos Protocol hacked, losing $7M in Ethereum

The attacker took advantage of the lack of slippage control of liquidity conversions to steal the funds.

FTX 2.0 coming up, Multichain FUD and Worldcoin raises six figures: Hodler’s Digest, May 21-27

FTX reboot is in the works, Multichain issues spark uncertainty and Sam Altman’s crypto project Worldcoin raises millions of dollars.

Why is Grand Theft Auto 6 unlikely to incorporate cryptocurrencies?

From time to time, rumors surface that Grand Theft Auto 6 will integrate cryptocurrency, fueling expectations that the franchise may make its way to Web3.

Crypto Biz: Ledger halts recovery service, Web3 in Hong Kong, and another CEX goes down

This week’s Crypto Biz explores Hotbit’s closure, Hong Kong’s licensing of crypto firms, Bitstamp’s acquisition by Ripple and Ledger’s branding crisis.

Stargate community proposes removal of Fantom USDC pool to mitigate risks

So far, a total of 1.7 million verified members of the Stargate community have voted in favor of the proposal.

Nigerian crypto company suspends withdrawals after BTC and naira compromise

Efforts are underway to recover compromised assets and enhance security measures as users express concerns on social media.

Cronos Labs launches second cohort of $100M Web3 accelerator

On May 15, the chosen projects commenced the 12-week program after being granted seed funding of $30,000.

A week filled with exploits and uncertainty for DeFi: Finance Redefined

DeFi saw another multimillion-dollar rug pull this past week, and the Multichain saga continues to spiral out of control.

Neuralink gets FDA approval for ‘in-human’ trials of its brain-computer interface

The Neuralink device is designed to be surgically implanted and, according to CEO Elon Musk, will eventually be marked to the general public.

No ETH to trade? Ethereum exchange balance drops to a 5-year low

The ETH balance decline began in September 2022, which saw a significant spike in November-December 2022 post-FTX downfall.

Chinese TV’s crypto ‘bull run’ report censored, Multichain crisis: Asia Express

News of HK legalizing crypto exchanges censored by state media after just two days, meanwhile, Multichain token plunges after police arrest rumors.

RGB protocol may offer solution to Bitcoin's Ordinals jam, claims proponent

The founder of Digital Bitcoin Art and Assets (DIBA) believes smart contracts on Bitcoin could solve the myriad problems created by Ordinals.

Digital Currency Group to shutter institutional trading unit TradeBlock

Starting from May 31, TradeBlock will commence the official procedure of winding down its operations.

Bitpanda secures licensing agreement with Coinbase as part of strategic partnership

As part of the collaboration, Bitpanda will incorporate Coinbase Exchange into its roster of authorized liquidity providers.

Sam Altman’s Worldcoin secures $115M for decentralized ID

Funds will be used to support the decentralized World ID and the recently released crypto wallet World App. VC firms A16z Crypto, Bain Capital Crypto, and Distributed Global are investors in the round.

Getting a home loan using crypto collateral: Insane or just risky?

You can use crypto as collateral to get a home loan — but as one Bitcoin OG found out, it’s super risky and you can lose the lot.

Image