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.

Asia’s current gaming domination ‘crucial’ for Web3 games: DappRadar

Asia is home to 1.7 billion gamers and contributes over $72 billion in annual gaming revenue making it a critical market according to DappRadar.

Bitcoin’s dominance knocked by ETH’s post-Shapella rally

In the last 24 hours, Bitcoin's percentage of the crypto market cap retreated by nearly 1% while Ether gained just over 1.1%.

Bitcoin’s dominance knocked by ETH’s post-Shapella rally

In the last 24 hours, Bitcoin's percentage of the crypto market cap retreated by nearly 1% while Ether gained just over 1.1%.

OpenBazaar marketplace says it's set to ‘grow again from the ashes’

After shutting down in 2020 due to financial issues and poor user growth, the decentralized marketplace appears set to rise again.

Ethereum researcher says staking reveals IP address sparking privacy concerns

A researcher at the Ethereum Foundation said he had “internally” discovered that staking Ether reveals a user's IP address information.

EOS EVM to allow interoperability across Ethereum, EOS

EOS Network Foundation CEO Yves La Rose said that this new development represents the firm's commitment to building a multi-chain future.

Bitcoin glory on Chinese TikTok, 30M mainland users, Justin Sun saga: Asia Express

Bitcoin’s day of glory on Chinese TikTok, 30M crypto fans still in China, Justin Sun’s subpoena after dream rendezvous with Web3 socialite.

Bitcoin glory on Chinese TikTok, 30M mainland users, Justin Sun saga: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments.

Bitcoin’s day of glory on Chinese TikTok

On Apr. 10, Douyin, the version of Tiktok exclusive to Chinese users, began publishing price quotes related to Bitcoin (BTC) and other cryptocurrencies such as Ethereum (ETH), Dogecoin (DOGE), and Ripple (XRP). The move sparked rampant speculation among the Chinese media and users alike related to a potential change of policy by the country’s central government on cryptocurrency regulation.

Unlike its Western counterpart, content on Douyin is heavily monitored and sometimes censored by Chinese authorities. Since Sept. 2022, Douyin has been cracking down on content relating to cryptocurrencies, NFTs, and Metaverse.

Hence, many individuals were genuinely surprised to see cryptocurrencies discoverable on the government-curated platform. For around 24-hours, any of Douyin’s estimated 730 million mainland Chinese users could freely view crypto price quotes on the app. However, dreams of a relaxation in the country’s strict crypto laws were crushed shortly thereafter. On Apr. 11, Bitcoin and cryptocurrencies price quotes were removed from Douyin, with a message stating:

“Based on relevant national regulations, unofficial digital currencies do not possess the same legal standing as fiat currencies. Please invest cautiously.”

Bitcoin on Douyin before and after the crackdown. (GamerSky)

Bitcoin glory on Chinese TikTok, 30M mainland users, Justin Sun saga: Asia Express

Bitcoin’s day of glory on Chinese TikTok, 30M crypto fans still in China, Justin Sun’s subpoena after dream rendezvous with Web3 socialite.

Bitcoin glory on Chinese TikTok, 30M mainland users, Justin Sun saga: Asia Express

Bitcoin’s day of glory on Chinese TikTok, 30M crypto fans still in China, Justin Sun’s subpoena after dream rendezvous with Web3 socialite.

Bitcoin glory on Chinese TikTok, 30M mainland users, Justin Sun saga: Asia Express

Bitcoin’s day of glory on Chinese TikTok, 30M crypto fans still in China, Justin Sun’s subpoena after dream rendezvous with Web3 socialite.

Bitcoin glory on Chinese TikTok, 30M mainland users, Justin Sun saga: Asia Express

Bitcoin’s day of glory on Chinese TikTok, 30M crypto fans still in China, Justin Sun’s subpoena after dream rendezvous with Web3 socialite.

Bitcoin glory on Chinese TikTok, 30M mainland users, Justin Sun saga: Asia Express

Bitcoin’s day of glory on Chinese TikTok, 30M crypto fans still in China, Justin Sun’s subpoena after dream rendezvous with Web3 socialite.

Arizona governor vetoes bill targeting taxes on blockchain node hosts

The bill aimed to have only state authorities impose regulations and taxes on individuals and businesses running blockchain nodes, as opposed to those at the city and county level.

Arizona governor vetoes bill targeting taxes on blockchain node hosts

The bill aimed to have only state authorities impose regulations and taxes on individuals and businesses running blockchain nodes, as opposed to those at the city and county level.

Financial Services chair McHenry send SEC second request for records related to SBF arrest

Sam Bankman-Fried was arrested just before his committee appearance was scheduled.

San Francisco authorities make arrest in stabbing of Cash App creator Bob Lee

Police chief Bill Scott said there was evidence that the suspect and Bob Lee knew each other but did not comment on the possible motive of the attack.

How on-chain data can make you a better trader

Join us as we discuss the potential for on-chain data and how it can make you a better trader.

How on-chain data can make you a better trader

Join us as we discuss the potential for on-chain data and how it can make you a better trader.

How on-chain data can make you a better trader

Join us as we discuss the potential for on-chain data and how it can make you a better trader.

Image