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.

Crypto self-custody a ‘fundamental human right’ but not risk-free: Community

Ethereum co-founder Vitalik Buterin warned that risks of having bugs in smart contracts are still present when opting for self-custody.

FTX meltdown triggers FINRA into probing crypto comms

The examination comes in the wake of the FTX debacle, a crypto exchange found to be mismanaging customers’ funds by simply lying about their operations.

Sam Bankman-Fried rumor mill running amok: Trading course, FBI extradition, FTX hack

A rumor claiming that former FTX CEO Sam Bankman-Fried filmed a master class on trading that was scheduled to be released in December floated on social media.

Metaverse ‘explosion’ will be driven by B2B, not retail consumers: KPMG partner

KPMG's incoming Head of Metaverse Futures Alyse Sue said the objective is to build a multi-million dollar business opportunity for the firm by 2025.

Bahamian securities regulator ordered the transfer of FTX’s digital assets

The Bahamian securities regulator clarified it directed FTX to move its digital assets to a wallet owned by the commission on Nov. 12.

Jump Crypto denies rumors that it intends to wind down due to FTX losses

According to Jump Crypto, the firm is “one of the most well-capitalized and liquid firms in crypto.”

FTX and Alameda likely colluded from the very beginning: Report

Researchers at Nansen concluded that at least 86% of all FTT tokens were initially controlled by Alameda or FTX.

Heroic Story secures $6 million to build Web3 tabletop RPG world

The seed round was led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology.

Ethereum Climate Platform launches to address the network's prior PoW emissions

Ethereum co-founder Joseph Lubin said that while the Merge set a high standard for climate mitigation, the crisis still requires more radical change.

Aussie treasurer promises crypto regulation next year amid FTX debacle

A spokesperson for Australian Treasurer Jim Chalmers said they are closely monitoring the fallout from FTX's collapse.

Esports team TSM suspends $210M sponsorship deal with FTX

TSM confirmed that it remains “strong, profitable and stable” despite its decision to suspend the sponsorship with FTX.

FTX just imploded, and Jack Dorsey wants to talk about the next stage for crypto?

People need time to catch up before Jack Dorsey tries to launch the next generation of the internet.

Tom Brady and other celebrities named in class action lawsuit against FTX

Evidence suggests “FTX’s fraudulent scheme was designed to take advantage of unsophisticated investors,” according to the lawsuit.

Blockstream CEO Adam Back talks Bitcoin over a game of Jenga

Back was one of the few people cited in the original Bitcoin whitepaper.

Bybit releases reserve wallet addresses amid calls for transparency

The wallets seem to indicate that over $1billion worth of BTC, USDT, ETH, and USDC are held by the exchange.

27,000 requests last year: Collaboration key for Binance’s Investigations team

Binance’s Investigations and Intelligence team plays a role in helping global law enforcement agencies identify and combat crypto-related crime.

Breaking: Crypto lender Genesis Global halts withdrawals

The troubled firm is also acting as the liquidity provider of Grayscale Bitcoin Investment Trust.

FTX crisis could extend crypto winter to the end of 2023: Report

The crypto market might see “second-order effects” from counterparties that may have lent or interacted with either FTX or Alameda.

Island nation turns to metaverse to preserve its disappearing heritage

The island of Tuvalu said it plans to build a digital version of itself in order to preserve its history as it faces erasure due to climate change.

UAE regulator adopts blockchain to speed up commercial judgments

ADGM Courts aims to "massively transform the delivery of judicial services," said CEO Linda Fitz-Alan while introducing blockchain technology for commercial courts.

Circle marks a possible $3B loss from Binance stablecoin conversions

Circle attributed its miscalculated financial projections to Binance implementing USDC to BUSD auto-conversions and the recent collapse of FTX.

FTX Australia's license suspended as 30K Aussies left in the lurch

Three members of a Sydney-based investment and advisory firm are assigned to help Australians impacted by the suspension of the local entity of Sam Bankman-Fried’s former crypto empire.

FTX fallout continues: BlockFi reportedly mulling bankruptcy, SALT pauses withdrawals and deposits

News of BlockFi’s potential bankruptcy filing comes only a day after the platform denied allegations that the majority of its assets were held on FTX.

Yuga Labs acquires Beeple’s 10KTF game, hints at metaverse integration

Once the acquisition is completed, the company said that Beeple will be hired as an advisor for Yuga Labs.

1inch seeks to optimize gas costs with its new v5 router

The new router features a number of updates, including an improved smart contract error processing system.

Hive Blockchain revenue declines by 44% Y/Y despite overall mining production surge

The company mined 31% more Bitcoin than in the same quarter last year.

FTX hacker still draining exchange wallets? Analyst calls it on-chain spoofing

The FTX hacker managed to steal $477 million out of the $650 million moved on-chain on Nov.11 and currently holds $62 million in total assets.

FTX debacle sees Nansen take stock of major exchange onchain holdings

Blockchain analytics firm Nansen has released an overview of major cryptocurrency exchanges’ onchain asset holdings and portfolios in the wake of FTX’s collapse.

FTX collapse could see crypto sector layoffs accelerate

While the full impact of FTX’s collapse is still unfolding, some have already warned of an increase in layoffs to come “in the months to follow.”

Image