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.

Tether to launch GBPT stablecoin pegged to British pound sterling

Tether expects to be part of industry innovation in the United Kingdom as the country is planning to adopt stablecoins as a means of payment.

USDC’s ‘real volume’ flips Tether on Ethereum as total supply hits 55.9B

On the Ethereum network, USDC’s real volume has nearly doubled that of USDT in the past 24 hours, which could be another sign that the top stablecoin’s dominance is coming to an end.

Blockchain isn’t as decentralized as you think: Defense agency report

The report published Tuesday highlights several scenarios in which various actors can garner excessive, centralized control of a blockchain system.

Blockchain isn’t as decentralized as you think: Defense agency report

The report published Tuesday highlights several scenarios in which various actors can garner excessive, centralized control of a blockchain system.

Blockchain isn’t as decentralized as you think: Defense agency report

The report published Tuesday highlights several scenarios in which various actors can garner excessive, centralized control of a blockchain system.

‘Disappointing:’ Cardano devs delay Vasil hard fork by a month

While IOHK admitted the news was disappointing, the firm stated it is taking an “abundance of caution” to ensure the Vasil upgrade is implemented correctly.

‘Disappointing:’ Cardano devs delay Vasil hard fork by a month

While IOHK admitted the news was disappointing, the firm stated it is taking an “abundance of caution” to ensure the Vasil upgrade is implemented correctly.

BIS compares projects to transfer central bank digital currencies across borders

The international bank found high technical feasibility among the projects, but significant work on legal and governance frameworks still remains to be done.

BIS compares projects to transfer central bank digital currencies across borders

The international bank found high technical feasibility among the projects, but significant work on legal and governance frameworks still remains to be done.

Avalanche (AVAX) price drops 45% in a month and data points to further downside

Avalanche (AVAX) is down 45% in 30 days and in the same time the cryptocurrencies total market capitalization shrank by 29%.

Despite the recent downturn, this decentralized application (DApp) platform remains a top contender in the layer-1 and layer-2 race and it ranks high in terms of smart contract deposits and active addresses. Yet, the lackluster token price is still causing investors to rethink whether the network remains a “serious” competitor.

AVAX token/USD at FTX. Source: TradingView

The brutal sell-off on risk assets caused AVAX to test the $14.80 support multiple times, while the current market capitalization stands at $4.8 billion. It’s important also to note that the network’s total value locked (TVL) holds an impressive $3.2 billion.

As a comparison, Solana (SOL) offers incredibly low network fees and holds a $2.1 billion TVL. Yet, SOL token’s market cap stands at $12.9 billion, which is almost three times larger than Avalanche’s valuation at the $14.80 price level.

The TVL indicator is extremely relevant because it measures the deposits on the network’s smart contracts. If we use Polygon (MATIC), an Ethereum layer-2 solution, as a proxy, the network holds a $1.8 billion TVL while the token's market capitalization stands at $3.5 billion.

image

Avalanche (AVAX) price drops 45% in a month and data points to further downside

Avalanche (AVAX) is down 45% in 30 days and in the same time the cryptocurrencies total market capitalization shrank by 29%.

Despite the recent downturn, this decentralized application (DApp) platform remains a top contender in the layer-1 and layer-2 race and it ranks high in terms of smart contract deposits and active addresses. Yet, the lackluster token price is still causing investors to rethink whether the network remains a “serious” competitor.

AVAX token/USD at FTX. Source: TradingView

The brutal sell-off on risk assets caused AVAX to test the $14.80 support multiple times, while the current market capitalization stands at $4.8 billion. It’s important also to note that the network’s total value locked (TVL) holds an impressive $3.2 billion.

As a comparison, Solana (SOL) offers incredibly low network fees and holds a $2.1 billion TVL. Yet, SOL token’s market cap stands at $12.9 billion, which is almost three times larger than Avalanche’s valuation at the $14.80 price level.

The TVL indicator is extremely relevant because it measures the deposits on the network’s smart contracts. If we use Polygon (MATIC), an Ethereum layer-2 solution, as a proxy, the network holds a $1.8 billion TVL while the token's market capitalization stands at $3.5 billion.

image

Colombia's new president seems to be a fan of Bitcoin

“Virtual currency is pure information and therefore energy,” said Gustavo Petro in 2021, in regard to mining crypto in Colombia.

Colombia's new president seems to be a fan of Bitcoin

“Virtual currency is pure information and therefore energy,” said Gustavo Petro in 2021, in regard to mining crypto in Colombia.

Why cross-chain interoperability matters for DeFi

With hundreds of cryptocurrency exchanges available for users to transact on, the question becomes centralized or decentralized, neither of which offers an efficient solution.

Bank of Israel experiments with central bank digital currency smart contracts and privacy

The Israeli central bank looked at trust issues and policy decisions implied in a potential digital shekel, as well as some of the technical aspects of digital currency.

Bank of Israel experiments with central bank digital currency smart contracts and privacy

The Israeli central bank looked at trust issues and policy decisions implied in a potential digital shekel, as well as some of the technical aspects of digital currency.

Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets?

BTC’s high volatility and halving-related bear markets tend to drag down investment and interest in the entire crypto market. Can this be avoided?

Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets?

BTC’s high volatility and halving-related bear markets tend to drag down investment and interest in the entire crypto market. Can this be avoided?

Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets?

BTC’s high volatility and halving-related bear markets tend to drag down investment and interest in the entire crypto market. Can this be avoided?

Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets?

BTC’s high volatility and halving-related bear markets tend to drag down investment and interest in the entire crypto market. Can this be avoided?

Image