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.

Bitcoin revenue per terahash nears record lows as hashrate soars

As the Bitcoin network hash rate tops 414 EH/s, miners are struggling to stay afloat amid plummeting profitability.

'Breakthrough growth' will be driven by Web3: HK financial secretary

Paul Chan says that blockchain and Web3 tech will be responsible for the next big wave of growth in Hong Kong’s digital tech sector.

Friend.tech pronounced 'dead' after activity and fees tank

Buyers, sellers, inflows and transactions have all taken significant dives on the Friend.tech platform after its launch just over two weeks ago, prompting some critics to herald its death.

While Friend.tech booms, decentralized social has a retention problem — Execs

Decentralized social network Friend.tech may be booming right now, but execs say decentralized social media apps still have an onboarding and retention issue to fix.

FTX suspends user accounts amid Kroll cyber breach concerns

FTX's decision was undertaken as a proactive measure aimed at preventing the occurrence of any potential future incidents or additional harm following the recent hack.

Sam Bankman-Fried’s life in jail, Tornado Cash’s turmoil, and a $3B BTC whale: Hodler’s Digest, Aug. 20-26

Sam Bankman-Fried faces challenges in jail, Tornado Cash’s developer is arrested, and a Bitcoin whale holding $3 billion is identified.

How can the synergy of AI and blockchain disrupt the music industry?

While AI-generated songs are flooding the music market, blockchain technology can ensure transparency and ethical standards are maintained within the industry.

Pepecoin: Insider trading claims surface amidst token theft

On-chain analyst Yazan reports insider selling of PEPE holdings, with around 400 billion PEPE sold, aligning with Pauly's team exposure.

Ripple vs. SEC case: Pro XRP lawyer urges Jay Clayton, Hinman’s testimony

Deaton points out that former SEC officials Bill Hinman and Jay Clayton's testimony during the US SEC v. Ripple Labs case would have categorized XRP as a non-security early on.

Rogue Pepecoin team members blamed for $16M PEPE multsig withdrawal

In an announcement to the PEPE community, it was claimed that three former members stole funds from the project and then handed over full control to the sole remaining member.

Crypto Biz: Coinbase-Circle re-alignment, Binance fiat hurdles, and USDC at Shopify

This week's Crypto Biz explores the latest on Binance's global on-ramps and off-ramps, Coinbase-Circle re-alignment, Shopify's take on USDC and China's blockchain data exchange.

Hong Kong regulator eyes tokenization for bond market improvement: Report

The monetary authority in Hong Kong released a report on its study Project Evergreen which looked at the highs and lows of recent bond tokenization activity.

PEPE whale seizes dip opportunity, buys $529k worth of tokens

This transaction followed this same whale’s previous transactions on 5 June 2023 where he spent 280 Ethereum (worth $507,000) to acquire 500 billion PEPE.

NFT Collector: Giant Swan’s gothic VR dreamscapes… royalty nightmare on OpenSea

Melbourne NFT artist Giant Swan used to sit in his car crying because he didn’t fit in. Now he’s found his place as a gothic VR dream creator

XRP whale moves 29 million tokens to Bitstamp amid price slide

Additional information suggests the possibility that this whale might be selling its XRP assets, as it had previously moved 14 million XRP to Bitso just a few hours earlier.

FTX crypto exchange reports data breach involving claims agent Kroll

The breach has resulted in the exposure of non-sensitive customer data from specific claimants linked to the ongoing bankruptcy case.

VeChain and SingularityNET team up on AI to fight climate change

SingularityNET CEO Ben Goertzel says that AI and blockchain have the potential to solve problems that traditional mechanisms have “consistently, miserably failed.”

DEA gets duped: Agency loses $55K in address poisoning scam

The DEA, the country's lead drug enforcement agency, is yet to find those responsible for the attack but has enlisted the help of the FBI.

PEPE plunges 15% as strange token movements spark fears of rug pull

The price of Pepe has plummeted 15% after developers sent nearly 4% of the memecoin’s total supply to exchanges without warning.

Bitcoin miner gets life in prison, China offers bounties for crypto firms: Asia Express

Retail crypto trading is only days away in Hong Kong, but a mainland crackdown sees bounties offered for crypto firms and miners imprisoned.

Image