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.

BTC difficulty drops by the biggest margin since 2021

Bitcoin mining difficulty has dropped by its biggest margin since July 2021 amid difficult conditions for miners.

Goldman Sachs reportedly looking to buy crypto firms after FTX collapse

Goldman Sachs executive Mathew McDermott said that their firm is already doing its due diligence on some crypto firms.

Silvergate CEO calls out 'short sellers' spreading misinformation

In the statement, Lane also took the opportunity to "set the record straight” about its investment relationship with FTX and the firm's “robust risk management approach.”

Rumors of a new native 'Twitter Coin' emerge while Dogecoiners remain hopeful

Online tech sleuths claim to have uncovered a secret new project on Twitter, which is being referred to as "Twitter Coin."

Ripple CTO shuts down XRP conspiracy theory from ChatGPT

An AI chatbot alleged Ripple can secretly control its blockchain through an undisclosed backdoor in the network's code and has been ridiculed by the firm's CTO.

Kentucky to scrutinize contracts offering cheaper electricity to miners

An Earthjustice lawyer said the hearings and discovery process would give Kentuckians a good idea what they would be paying for by subsidizing the facilities.

Maple Finance cuts ties with Orthogonal Trading over alleged misrepresentation of finances

Maple’s decision comes after Orthogonal Trading admitted on Dec 3 that it was unable to meet loan repayments following the collapse of FTX and its partner Alameda.

Vitalik Buterin discusses his 'excitement' for the future of Ethereum

Buterin was specifically bullish on the rise of decentralized blockchain identities to enhance user privacy.

USDC issuer Circle terminates SPAC merger with Concord

The deal previously valued Circle at $4.5 billion in July 2021 before an upwards revision to $9 billion in February 2022.

Crypto layoffs trigger mixed responses from the community

From giving encouragement to trying to recruit the laid-off staff, crypto community members posted various responses to recent crypto layoffs.

Pakistan launches new laws to expedite CBDC launch by 2025

The State Bank of Pakistan signed in new laws for Electronic Money Institutions — non-bank entities offering digital payment instruments — to ensure the timely issuance of a CBDC in the next three years.

Ripple files final submission against SEC as landmark case nears end

The two-year-long battle between SEC and Ripple is approaching the end, with Ripple filing its final submission in its case against the US regulator on Dec. 2.

Novogratz’s Galaxy Digital to acquire Celsius' GK8 in bankruptcy garage sale

The self-custody platform was acquired by Celsius in 2021 for $115 million and is now set to change hands, pending approvals.

Avalanche to power Alibaba Cloud's infrastructure services in Asia

Avalanche’s partnership with Alibaba Cloud will see the development of tools that enable users to launch validator nodes on Avalanche's public blockchain platform in Asia.

NFT Steez and Victor Solomon chat about building in Web3 and the Metaverse

This week NFT Steez spoke to award winning artist Victor Solomon about basketball, the Metaverse, Web3 and his unique NFT collection.

DeFi ecosystem still haunted by FTX contagion: Finance Redefined

Top-100 DeFi tokens saw a bullish wave with the start of the new month, but many DEX platforms are still haunted by FTX contagion.

Never mind FTX — Fine arts institutions should still onboard to blockchain

The strategic adoption of blockchain technology still makes sense, regardless of the distraction FTX created for cryptocurrency.

Ankr says no one should trade aBNBc, only LPs "caught off guard" will be compensated

The company stated it would be discontinuing aBNBc and aBNBb tokens 'effective immediately,' and that "new ankrBNB tokens will be minted and airdropped to affected aBNBc and aBNBb users."

Crypto Community weighs in on SBF’s ‘apology tour’

The former FTX CEO is receiving major backlash for his New York Time DealBook Summit and Good Morning America interviews.

How smart contracts can improve efficiency in healthcare

From insurance to telehealth, smart contracts are finding use cases across the healthcare industry.

Trader allegedly saw over 5000x gains after Ankr protocol hack

Ankr protocol announced that it will be reissuing aBNBc tokens, promising that it will assess the situation and compensate affected users.

New Cardano algorithmic stablecoin evokes old fears for the community

“I thought we already figured this out, algorithmic stablecoins, not the best option,” a community member wrote on Twitter.

Hong Kong working on investor protection regulations, says central bank exec

Hong Kong central bank executive looked optimistic about the future of decentralized tech, while the Korean central bank governor has his doubts in the wake of the recent crypto contagion.

This AI chatbot is either an exploiter's dream or their nightmare

The crypto community has come across an AI-powered chatbot that can be used to audit smart contracts and expose vulnerabilities.

Trader Joe takes its first step into the Ethereum ecosystem

Despite the new multi-chain vision, the Trader Joe team confirmed that its “true home” and “top priority for all growth efforts” will continue to be on Avalanche.

Former FTX CEO Sam Bankman-Fried denies "improper use" of customer funds

According to the former CEO, at the time of filing for bankruptcy “FTX US was solvent.”

Fantom wants to cut token burn rate by 75% to fund dApp rewards program

"Fantom will become the youtube/twitch of blockchain platforms," commented ecosystem architect Andre Cronje.

Bitcoin Depot says SPAC merger will continue as planned after solid revenue growth

The firm's revenue increased by 25.25% to $497.2 million in the first nine months of 2022.

Solana-based market maker integrates Stripe for fiat-crypto transactions

The Solana-based automated market maker Orca opened up fiat purchases and fiat-to-crypto transactions through a new integration with Stripe’s onramp.

Image