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.

Polkadot active addresses hit record 600K

Active addresses on Polkadot have hit a new all-time high of 600,000 despite the community’s memecoin efforts failing to bring more attention to the protocol.

Can blockchain revolutionize digital securities management for stock exchanges?

Cointelegraph spoke with the Sui network to better understand how blockchain is playing a part in enhancing security and efficiency for the Athens Stock Exchange.

Arrested Binance exec pleads not guilty to charges in Nigeria

A Nigerian court rejected Tigran Gambaryan’s defense argument and ruled that he acted as Binance’s representative in past trips to Nigeria.

dYdX Chain halts production following scheduled network upgrade

The dYdX team said it is investigating and will reconvene with validators at 3pm UTC today.

Frax Finance dives into DeFi liquidity with $250M USDe allocation

The proposal could give rise to one of the largest liquidity pools in DeFi, according to Ethena Labs.

Bitcoin needs to hold above $80,000 to keep mining profitable post-halving

For miners to remain profitable and continue their mining operations, the BTC price must rise above $80,000 post-halving.

Plotting the path to $80K — 5 things to know in Bitcoin this week

BTC price gains before the Wall Street open as CPI week appears to set the tone for the incoming Bitcoin halving.

PayPal stablecoin circulation dropped 38% in March — Paxos

Total PayPal USD in circulation amounted to $188.5 million in March, or 39% less than in February 2024.

What are crypto exit scams, and how to protect against them?

Don’t fall for crypto exit scams! Learn what they are, the red flags to watch for, and how to protect your investments.

Philippines SEC ‘can’t endorse’ ways to retrieve funds after Binance ban

SEC official Paolo Ong said that they’ve already given users three months and extended it a little to allow users to withdraw their funds from the exchange.

What are Bitcoin whales and how to spot them?

Follow Bitcoin whales’ trails: track their tactics, from manipulation to stop-loss hunting and explore their market impact for navigating crypto trading.

SEC’s spot Ether ETF concerns unfounded, Consensys asserts

Consensys highlighted that Ethereum boasts a larger developer community than Bitcoin and operates on a fully transparent and public blockchain.

Web3 startups flock to accelerators as crypto enthusiasm surges

Investment activity in Web3 gaming has steadily increased recently.

Base sets record high DEX volume day, surpassing $1B

Most of the trading activity took place on UniSwap, accounting for 64.3% of the volume, followed by Aerodrome Finance at 9.7%, and SharkSwap at 7.8%.

Tornado Cash co-founder requests dismissal of money laundering charges

Roman Storm’s lawyers argued that the charges are “fatally flawed” and must be dismissed, given “there was nothing” Storm could have done to prevent sanctioned entities from using the crypto mixer.

SBF gets 25 years in prison, Fidelity eyes ETH staking, and Coinbase’s court loss: Hodler’s Digest, March 24-30

Sam Bankman-Fried sentenced to 25 years in prison, Fidelity files for Ether ETF with staking, and SEC case against Coinbase to proceed.

Paradigm’s funding takes Farcaster’s dev to unicorn status

Farcaster’s parent company is reportedly closing a new funding round led by Paradigm. The deal would take its valuation to above $1 billion.

Sphere 3D’s legal issues escalate as Gryphon seeks to block $10M

Gryphon Digital Mining is seeking to block Sphere 3D from using $10 million from a recent settlement with Core Scientific.

Dogwifhat en route to $10? WIF is now the third-biggest memecoin as whales hold tight

The largest WIF holder has an unrealized profit of over $127 million on the Solana-based memecoin.

Bitcoin price edges toward Q2 at $70K with all-time highs a key focus

Bitcoin needs to retain $69,000 into the multiple BTC price candle closes this weekend, says analysis.

What are smart contract wallets?

A smart contract wallet is an app acting as a Web3 wallet using a technology called account abstraction in place of externally owned accounts (EOAs).

U.K. court freezes £6M of Craig Wright’s assets amid Bitcoin creator claim

The judge endorsed the ‘worldwide freezing order’ the Crypto Open Patent Alliance (COPA) requested to address COPA’s total court expenses amounting to $8,471,225 (£6,703,747.91).

Crypto hacking losses decline in Q1 2024 — Immunefi

The report identifies 46 hacking incidents and 15 cases of fraudulent activities.

Grayscale introduces crypto investment fund that prioritizes staking rewards

Investors must have assets under management exceeding $1.1 million or a net worth over $2.2 million to qualify for Grayscale's Dynamic Income Fund.

US court favors Fed in Custodia Bank case, rejects appeal for review

Custodia Bank argued that without a master account it is a “second-class citizen” at the mercy of an intermediary bank.

Crypto Biz: Exchanges face new legal issues, Goldman Sachs’ clients eye crypto, and more

This week’s Crypto Biz explores crypto exchanges renewed challenges, BlackRock’s Bitcoin ETF inflows, Goldman Sachs’ clients returning to crypto, and Mastercad’s forecasts for remittances in Latin America.

Unexplained transfers on LENX protocol spark rug pull concerns

Mysterious withdrawals from LENX’s treasury have raised concerns about an ongoing slow rug pull on the protocol.

CFTC commissioner warns against infringing on SEC’s authority in KuCoin case

Two U.S. financial regulators cannot seem to reach a consensus on how to treat certain cryptocurrencies as securities or commodities.

$1B of US Treasurys tokenized, Base TVL doubles in a month: Finance Redefined

The real-world asset tokenization trend is heating up, fueled by BlackRock’s first tokenized asset fund, “BUIDL,” which joined 16 other tokenized government securities funds in the last week.

BNB’s 12% weekly surge: peaking or just getting started?

Can BNB break past $620? On-chain and derivatives metrics hint positvely.

Image