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.

Halving full effect: Bitfarms crypto mining revenue falls 42% in May

The Bitcoin mining firm also blamed “unusually cold temperatures” at its Rio Cuarto facility in Argentina for the fall in Bitcoin production.

Chainlink co-founder notes importance of oracle networks following NYSE glitch

Sergey Nazarov explained how Chainlink could remedy centralized points of failure inherent in centralized information processing systems.

Binance prepares for MiCA rules, updates stablecoin strategy

Binance will ease European users’ transition from unauthorized to regulated stablecoins with a “sell-only” strategy.

Bitcoin futures premium hits 7-week high: is the rally sustainable?

Bitcoin flirted with $70,200 on June 3, but traders fear excessive leverage might be a double-edged sword.

Biden vetoes House and Senate votes on SEC’s anti-crypto resolution: Law Decoded

United States President Joe Biden has vetoed a resolution that would have overruled the U.S. Securities and Exchange Commission Staff Accounting Bulletin No. 121.

VC Roundup: OKX Ventures wants to onboard ESG, bring AI on-chain

This edition of Cointelegraph’s VC roundup features Cysic, WeatherXM, GaiaNet, Switchboard, API3, and Scrypt.

Crypto fund inflows hit $2B in May led by BTC — CoinShares

Weekly inflows into crypto funds totaled $185 million for the last week in May, with monthly investment fund inflows reaching $2 billion.

Qatar Central Bank launches first phase of CBDC project

The small country on the Arabian Peninsula sees CBDC as part of its national development strategy.

Why is Notcoin up 300% over the past week?

Notcoin became the fifth-most traded cryptocurrency on Monday, beating the trading volume of Circle’s USDC stablecoin, as social interest continues to drive its price action.

Price analysis 6/3: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

Bitcoin and select altcoins are attempting to break above their respective resistance levels, signaling aggressive buying by the bulls.

Hong Kong crypto exchange license applications cost less than expected

All unlicensed crypto exchanges have been kicked out of Hong Kong.

Binance co-founder denies responsibility for $1M trading loss on hacked account

The account was allegedly breached through the Google Chrome extension Aggr, which saves cookie login information.

Bitcoin battles key resistance as trader flags $100K BTC price 'magnet'

BTC price momentum is building as Bitcoin bulls attempt to cement $69,000 as support this month.

Why Bitcoin may be boosted by a European Central Bank rate cut

The ECB is widely anticipated to implement a 0.25% rate cut, following seven consecutive months of easing inflation across the eurozone.

MicroStrategy and Michael Saylor settle tax case for $40M

In August 2022, Michael Saylor faced allegations of tax evasion. He has since reportedly made the largest income tax fraud settlement in the history of the District of Columbia.

FIT21 bill a ‘watershed moment’ for crypto despite CFTC-SEC friction

FIT21 is the first bipartisan legislation of its kind to pass in either chamber of Congress, but is its dual-agency model workable?

Roaring Kitty’s GameStop gains soar to $300M, billionaire status near

Roaring Kitty, one of the main orchestrators of the GME saga, could be on track to becoming the first GME billionaire if the pump continues.

WeatherXM: Revolutionizing weather data with Web3 and IoT

This episode explores how WeatherXM transforms weather data collection and forecasting using decentralized Web3 technology and the Internet of Things, making it more accurate, accessible and community-driven.

Dubai financial regulator updates crypto token rules for funds

The changes encompassed several areas, including the ability of both external and domestic funds to invest in crypto tokens.

EU elections 'wildcard' could pave the way for first Ether ETF

The outcome of the elections will be a pivotal moment for the implementation of the MiCA regulatory framework and the approval of the first spot Ether ETF.

Hackers exploit Chrome plugin to steal millions from Binance accounts

The promotional plugin steals cookies from users, which hackers use to bypass password and two-factor authentication verification and log into the victim’s Binance account.

SingularityNET announces ASI token merger dates for FET, AGIX, OCEAN

SingularityNET announces the merger dates for FET, AGIX and OCEAN into the new ASI token, aiming to create a unified decentralized AI network.

Australia gets first spot ETF that holds Bitcoin directly

Australia is set to join Hong Kong, Canada and the U.S. in offering investors an ETF that invests in and directly holds Bitcoin.

A BTC price breakout ‘never seen before’ — 5 things to know in Bitcoin this week

Bitcoin market commentators are increasingly confident that BTC price action is building a breakout, which will make history.

Bitcoin transaction value hits yearly high with $25B moved

Bitcoin holders moved over 367,000 BTC on May 18, worth over $25 billion, recording a yearly high in the value of Bitcoin transactions.

OKX expands to the Netherlands with new crypto exchange and wallet

Previously known as Okcoin Europe, OKX began serving users in the Netherlands in 2021 after registering with the Dutch central bank.

FTX-Alameda casualty Maple Finance launches institutional lending

Maple Finance launches Syrup, a DeFi protocol offering secured institutional lending, amid lingering skepticism from the FTX-Alameda fallout.

Frax Finance X account hacked, CEO suspects ‘inside job’ at Elon Musk’s office

Frax Finance’s X account was hacked on June 1 without a password breach, leading CEO Sam Kazemian to suspect insider involvement.

Why Ethereum ETF day one inflow won’t be like Bitcoin — Fireblocks MD

Stephen Richardson’s view aligns with Bloomberg’s ETF analysts, who expect the spot Ether ETFs to capture 10-20% of the flows that Bitcoin ETFs did at launch.

Nirvana Finance founder recounts the ‘worst day’ of his life

Cointelegraph speaks to the once-anonymous founder of Nirvana Finance, revealing how one random Telegram message led to the capture of the exploiter that stole $3.5 million from the protocol.

Image