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.

Alchemix reports return of all stolen funds from Curve pools

The attacker started returning stolen funds after accepting nearly $7 million in bug bounty. Funds had been returned to Alchemix and JPEGd.

DeFi faces stress test, DoJ fears run on Binance, Hong Kong’s crypto trading: Hodler’s Digest, July 30 – Aug. 5

Curve Finance’s dramatic exploit exposes DeFi, DoJ concerns of a run on Binance, and Hong Kong debuts retail crypto trading.

What is Hooked Protocol, and how does it work?

Hooked Protocol is a gamified on-ramp layer hosting learn-and-earn projects that also facilitates onboarding onto Web3. Find out about the Hooked ecosystem and how it works.

Boosting adoption with DeFi asset management: Velvet Capital joins Cointelegraph Accelerator

The decentralized asset management OS Velvet Capital that is driving DeFi adoption joins the Cointelegraph Accelerator program.

CDC report underscores importance of Judge's verdict in Ripple case

The CDC expressed satisfaction with the ruling, which aligned with their stance as articulated in their amicus brief supporting Ripple, marking an advocacy victory.

Elon Musk debunks scam token claims, assures no crypto plans for X

Elon Musk addressed the issue of scam tokens like $X and $TWITTER falsely claiming connections to the social media platform.

Curve-Vyper exploit: The whole story so far

Curve Finance pools were targeted by hackers in a reentrancy attack on July 30, spreading shockwaves across the DeFi ecosystem. Cointelegraph compiled the week's events.

Korean superconductor LK99 joins memecoin craze

The world's supposed first room-temperature ambient pressure superconductor already has a memecoin.

Curve hacker behind $61M heist begins returning funds

A frontrunning miner extractable value (MEV) bot that had drained approximately $11 million worth Ether from the Curve protocol returned nearly all of it.

Users said CertiK's warning was a false alarm, then, the project rugged

"Don't shoot the messenger," said the messenger before dying in a flurry of bullets fired from the barrels of angry crypto enthusiasts.

Girl Gone Crypto thinks ‘BREAKING’ crypto news tweets are boring: Hall of Flame

Girl Gone Crypto has amassed a huge following on Twitter thanks to her interesting and unique take on crypto news.

Ensuring integrity of blockchain transactions: Trust through audits

Reliable auditing procedures are important for ensuring the integrity of blockchain networks.

Shiba Inu lead developer queries Coinbase's 'Onchain Summer' campaign

Kusama responded to Coinbase’s CEO, Brian Armstrong's update with the statement, "If it isn't a shadowcat, it's a copycat."

Actor Adam DeVine appears in new Bitget exchange ad

DeVine is the second celebrity to partner with Bitget since the exchange brought on Argentine football star Lionel Messi last October.

Matter Labs CEO vehemently denies copy-pasting code from Polygon Zero

Matter Labs CEO Alex Gluchowski said that the allegations were unfounded, misleading and disappointing.

Binance approves Shiba Inu as collateral asset

The cryptocurrency exchange also announced the addition of 22 cryptocurrencies as loanable assets and collateral assets on its Flexible Loan and VIP Loan services.

Curve, Metronome and Alchemix offering 10% bug bounty on Vyper hack

The exploit on July 30 resulted in the theft of roughly $70 million in cryptocurrencies, bringing the bounty close to $7 million.

‘Computer language that anyone can read’ launches Aeternity compiler

Lexon now features a compiler that allows users to translate code from it to Solidity, Sophia, or Javascript.

Coinbase Q2 earnings beat estimates amid Blackrock custody deal, institutional focus

The company beat estimates while non-trading revenue beat trading revenue.

Polygon Zero accuses Matter Labs’ developers of plagiarism

Polygon Zero has accused Matter Labs of copying significant code from its Plonky2 library to zkSync, a rival Ethereum layer-2 scaling solution.

Futureverse co-founders launch $50M venture fund

The AI metaverse company raised $54 million in a Series A round in July.

Base launches mainnet bridge UI for end-users, sets Aug. 9 for official launch

Coinbase's Base network began onboarding end-users through a bridge UI, and the team announced Aug. 9 as the platform's official launch date.

The Sandbox implements KYC measures for protocol staking

Unverified users can still withdraw staked SAND but will be unable to make further deposits.

How will Bitcoin halving affect BTC price, and is DeFi dead?

Blockware Solutions account executive David Gamble told Market Talks host Ray Salmond that the crypto market will hit a $10 trillion market cap in the next few years.

Curve's crvUSD depegs as market reacts to shock events

The decentralized stablecoin is facing its first stress test since it was released in May, putting its PegKeeper algorithm to work.

Web3 Gamer: Zuckerberg’s metaverse losses, NFT game on Discord, Gods Unchained hot take

Instagram CEO Zuckerberg’s $40B metaverse losses, AI-powered NFT RPG on Discord, new Web3 eSports platform and a hot take on Gods Unchained.

Aave Chan founder proposes buying $2M CRV from Curve founder

The proposal drew mixed reactions from the community where some criticized the strategy for buying more CRV even as others are looking to shed exposure.

Huobi's Jun Du acquires 10 million CRV tokens to support Curve

Du emphasized that the existing challenges were transitory and said he believed the industry would benefit from collective support.

Binance starts BTC/FDUSD and ETH/FDUSD trading pairs with zero-fees

Users can trade ETH/FDUSD with zero maker fee, while the standard taker fee will apply based on the user's VIP level.

BlockFi's Chapter 11 plan progresses with conditional court approval

Once the bankruptcy plan receives approval, the lender said it intends to concentrate its efforts on recovering funds from several other defunct firms.

Image