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.

Circle co-founder says converged dollar books on Binance would be good for USDC

The world's largest crypto exchange announced yesterday it would cease trading support for USDC and auto-covert deposits to its own stablecoin after Sept 29.

1inch users on Optimism to receive airdrop of 300,000 OP tokens

The DEX aggregator and automated market maker was first deployed on the Optimism mainnet in August 2021.

Ethereum co-founder's poll shows people want $100 lifetime .eth domains

Almost 50% of the 91,130 votes answered that the fair price for 100 years of owning a five-letter .eth domain is under $100.

Crypto assets are no longer niche and regulators need to catch up — IMF

Recent failures of crypto issuers, exchanges, and hedge funds have been a major motivator behind better crypto regulation.

Binance: No plans to auto-convert Tether, though that ‘may change’

The crypto exchange was responding to questions from Cointelegraph after announcing it would cease trading support for USDC and two other stablecoins this month.

Binance to temporarily suspend ETH and WETH deposits and withdrawals ahead of the Merge

The exchange also announced plans to remove $USDC as a tradeable asset from its platform.

Staking on Polkadot, explained

There's a big buzz around staking right now — but when it comes to Polkadot, there's a big difference between exchanges.

Australian state police sets up crypto division to trace transactions

The use of crypto in criminal activity has reportedly significantly increased since the AFP made its first crypto seizure in early 2018.

Crypto noobs: What to tell newcomer friends about digital currency

A look at some of the questions that friends, family and acquaintances may have about crypto and some appropriate responses.

Bank of Russia agrees to legalize crypto for cross-border payments: Report

Historically opposed to the idea of using crypto as a payment method, the Bank of Russia has reportedly agreed to allow cross-border payments in crypto due to geopolitical changes.

ETH Merge: CoinGecko co-founder shares strategy for forked tokens

Bobby Ong tweeted that holders can bridge their tokens back to the mainnet, unwrap their Ether and remove their liquidity to maximize ETH PoW airdrop eligibility.

FTX to halt Ethereum trades on Arbitrum, Solana, BSC for the ETH Merge

Despite confirmation of zero downtime from Ethereum developers, FTX chose to suspend “deposits and withdrawals until the Merge is finished and networks are stable.”

Crypto app targeting SharkBot malware resurfaces on Google app store

The SharkBot malware family was first discovered last October, and has continued to evolve with new ways to hack into users' Android-based crypto and bank apps.

Nigeria, Binance in early-stage talks for crypto-friendly economic zone

The proposed partnership aims to build a crypto-friendly digital city similar to the virtual free zone in Dubai.

NFT NYC 2022: A look inside a massive NFT conference

NFT NYC 2022 was filled with emerging NFT projects and industry experts.

Network outages have been Solana’s ‘curse,’ says co-founder

The high-speed smart contract platform has suffered full or partial outages at least seven separate times over the last twelve months.

Can the government track Bitcoin?

The law enforcers like the IRS and FBI track Bitcoin with blockchain data and collaborate with private companies in an attempt to trace criminals and taxes.

PwC Venezuela Twitter account hacked, attacker shills fake XRP giveaway

An attacker gained access to PwC Venezuela’s Twitter account and has been actively posting cryptocurrency phishing links for the last 8 hours at the time of the writing.

Elon Musk-crypto video played on S. Korean govt's hacked YouTube channel

The hacked YouTube account was restored within four hours following a proactive intervention from the South Korean government, confirmed a local news agency.

What is decentralized identity in blockchain?

What is a decentralized identity, and why does it matter? In this guide, we break it down for you.

The Bitcoin bottom — Are we there yet? Analysts discuss the factors impacting BTC price

$20,000 is becoming the “new” resistance for BTC price even though multiple indicators are screaming “buy.” Analysts share their views on the future of Bitcoin price.

Are Bitcoin transactions anonymous and traceable?

Bitcoin transactions are easily traceable through blockchain explorers but do not directly reveal the identities behind Bitcoin wallet addresses.

Binance identifies KyberSwap hack suspects, involves law enforcement

Based on an independent investigation, Binance’s security team identified two suspects that may be responsible for orchestrating the virtual heist of $265,000 on KyberSwap.

Crypto's adaptability, openness key to ideal monetary system, say BIS execs

Some of the biggest flaws preventing present-day cryptocurrencies from mainstream adoption, pointed out by the BIS execs, are bottleneck congestion in DeFi and the reliance on volatile assets.

Sept. 22 is the date for Cardano’s Vasil hard fork launch, 3 months after target date

The latest upgrade, which is the blockchain’s fifth, will include improvements to the Plutus programming language and promises greater scalability for lower fees.

NFT Steez and Lukso co-founder explore the implications of digital self-sovereignty in Web3

NFT Steez chats with Lukso co-founder Marjorie Hernandez about how Universal Profiles onboard and empower users with digital self-sovereignty

Brazilian SEC seeks to change its role in cryptocurrency regulation

Resistant to overseeing the space in the past, the agency said it now plans to work on the definition of virtual assets.

Snapchat’s parent company shutters Web3 division amid layoffs

The company said it will let go of its Web3 division to make way for restructuring after falling behind financial targets.

Gaming makes up over half of blockchain industry usage, DappRadar

The gaming sector accounts for nearly 51% of the activity in the blockchain industry with hundreds of millions in transactions, according to August data.

Image