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.

Jump Trading sells another $29M Ether with $63M left to go — Is the bottom near?

The Ether bottom could be in, as market makers like Jump Trading are running out of ETH to sell.

Bitcoin needs $59.1K weekly close amid doubt over BTC price all-time high

Bitcoin bulls have their work cut out, and the weekly close is the first hurdle — the BTC price rebound must flip $59,000 to support.

Cumberland buys the dip? Trading firm deposits $95M to exchanges

Lookonchain said that Cumberland has already injected nearly $6.28 billion into the crypto markets since October 2023.

DeFi protocol Nexera hacked for $1.5M via smart contract exploit

Nexera’s token contract has been paused and the team advises crypto investors to stop trading the NXRA token.

California county to regulate Bitcoin ATMs backed by state laws

Chico, California, looks to state and local regulations to oversee Bitcoin ATMs, aiming to limit fraud and ensure transparency.

Unizen hacker transfers $2.1M stolen funds to Tornado Cash

The hacker’s use of Tornado Cash marks the first movement of the stolen Unizen funds since March, heightening security concerns.

Bitcoin ‘ghost month’ started with a 20% BTC price flash crash — What’s next?

Bitcoin prices have seen flash crashes during each ghost month since 2017, and 2024 appears to be no different.

Bitcoin needs 'low $40,000s' for best bull market entry — 10x Research

A crypto analyst argues that Bitcoin’s price needs to return to levels seen around the launch of spot Bitcoin ETFs for an optimal entry point.

Hong Kong virtual bank Mox Bank launches crypto ETF trading

The Standard Chartered subsidiary says it's the first bank of its kind to offer spot Bitcoin and Ether ETF trading to customers.

BlackRock's spot Ether ETF amasses nearly $900M since launch

BlackRock’s iShares Ethereum Trust, known also as ETHA, has almost hit $900 million in total inflows after just 11 trading days.

Homeland Security leads to man charged over crypto recovery scam

At least 175 people claim they engaged Coin Dispute Network to help them recover funds but never saw a single cent returned.

Bitcoin volatility hits 20-month high, traders hedge against further slump

Bitcoin’s volatility index reached its highest level in 20 months, but traders aren't too sure if there's more pain ahead.

'Something is happening' — Bitcoin hodlers scooped $23B in the past 30 days

On-chain activity suggests that Bitcoin whales have been accumulating over the past month amid a market slump.

Binance saw $1.2B of inflows in one of biggest trading days of 2024, says CEO

ByBit, Crypto.com and OKX’s net asset inflows have also increased by $301.4 million, $107.8 million and $97.7 million over the last 24 hours.

SOL/ETH ratio hits new all-time high amid market turmoil

The metric that tracks the value of one Solana token to one Ether token has reached a new all-time high following a brutal market-wide sell-off earlier this week.

Solana ‘memecoin frenzy’ prompts uptick in Rust dev demand

Rust is also becoming an increasingly popular programming language for blockchain firms building “performant distributed systems,” says CryptoJobsList CEO.

CoinDCX introduces protection fund to secure Indian crypto users

CoinDCX's Crypto Investors Protection Fund will enhance user security by allocating 2% of brokerage income annually to safeguard assets.

‘Crypto Advocates for Harris’ movement claims support from Mark Cuban

The organization was apparently formed the same day Kamala Harris announced her running mate, Minnesota Governor Tim Walz.

Nasdaq asks to list options on spot Ethereum ETFs — Filing

Exchanges are still waiting on permission to list options on spot Bitcoin ETFs, too.

US private investors predict surge in crypto investments in 2024 — Report

A survey by law firm Barnes & Thornburg found that 59% of US private investors are more likely to invest in crypto funds over the next 12 months.

Canadian crypto exchanges face deadline for CIRO membership

Crypto traders have been on interim rules since March 2021, and it’s time to finalize membership in the securities industry's self-regulatory organization.

Crypto PACs invest $4M in candidates ahead of Aug. 6 primaries

Missouri, Washington and Michigan residents will be able to vote in primaries for specific candidates backed or opposed by crypto interest groups.

Nearly every token Binance listed in 2024 is now bleeding red — Coin98

Part of the problem is the airdrop model for token distributions, which has grown in popularity in recent years.

How mobile technology can drive mass Web3 adoption

According to the Global System for Mobile Communications (GSMA), 49% of individuals globally access the internet from smartphones.

CoinShares revenue surges 110% in Q2, driven by FTX claim sale

CoinShares revenue for the second quarter of 2024 rose to nearly $28.5 million. FTX bankruptcy proceedings generated a return of 116% in the quarter.

Convergence congratulates attacker, attempts to open negotiations

The Convergence team posted a message to the Ethereum network, stating it believes the attacker ‘acted as a white hat.’

Bitcoin traders regain optimism as BTC price aims to reclaim $57K

Traders say Bitcoin presents the “best buying opportunity” after BTC’s price rebounds toward the $57,000 level.

Saylor says BTC strategic reserve is ‘Louisiana Purchase’ moment for US

Michael Saylor previously forecasted that Bitcoin will reach approximately $13 million per coin by 2045.

Valour to launch digital asset ETPs in Kenya

Valour is moving out of Europe to the green pastures of Africa by way of passporting.

‘The Black Swan’ author says Bitcoin a poor hedge against market meltdown

Nassim Nicholas Taleb says gold still stands apart as a store of value.

Image