Decentral Block Post
Access real-time blockchain and cryptocurrency news updates from around the globe.
Binance identifies KyberSwap hack suspects, involves law enforcement
Based on an independent investigation, Binance’s security team identified two suspects that may be responsible for orchestrating the virtual heist of $265,000 on KyberSwap.
Crypto's adaptability, openness key to ideal monetary system, say BIS execs
Some of the biggest flaws preventing present-day cryptocurrencies from mainstream adoption, pointed out by the BIS execs, are bottleneck congestion in DeFi and the reliance on volatile assets.
Brazilian SEC seeks to change its role in cryptocurrency regulation
Resistant to overseeing the space in the past, the agency said it now plans to work on the definition of virtual assets.
MiCA coming in hot in October, NFTs not in focus: EU regulators
In an online panel from the German Bundesblock, local regulators discussed details of upcoming MiCA regulation, along with a brief update on NFTs and stablecoins.
South Korea expands its efforts to regulate Metaverse
The country has been very active in the Metaverse development since the beginning of 2022, teasing large investments and a regulatory framework.
Thailand SEC to apply strict guidelines for crypto ads
Cryptocurrency-related adverts in Thailand will have to meet strict rules as the Securities and Exchange Commission looks to emulate foreign standards.
Celsius files to reopen withdrawals for a minority of customers
Celsius has motioned for $50 million worth of the total $225 million held in the Custody Program and Withhold Accounts to be released to owners.
CFTC and SEC open comments for proposal to amend crypto reporting rules for large hedge funds
The public was invited to comment on whether the regulators should use the term “crypto asset” instead of “digital asset" in proposed changes to Form PF.
Former CFTC commissioner Jill Sommers joins FTX US Derivatives board
The addition of Jill Sommers followed former CFTC commissioner Mark Wetjen becoming FTX US' head of policy and regulatory strategy in November 2021.
Indonesia plans to set up its crypto bourse by the end of 2022
The country’s deputy trade minister confirmed the intention, for the first time voiced in last year.
Tens of Celsius clients ask US court to recover $22.5M in crypto
Suspension of withdrawals on Celsius custody contradicts the plain language of the firm's terms of use, a group of disgruntled creditors argued.
California State Assembly passes bill for licensing and regulating crypto firms
The bill requires digital asset exchanges and crypto companies to have a license of operation in the state of California.
US Federal Reserve discussion paper takes cold, hard look at DeFi, gives it mixed review
The authors see DeFi growing despite barriers such as crypto’s volatility; risks to users and TradFi institutions are inherent in the technology as well as incidental.
South Korean authorities arrest 16 individuals connected to $2B crypto forex transactions: Report
More than $283 million of the $2 billion in crypto transactions were reportedly facilitated through illegal remittance agencies.
A16z proposes a set of licenses especially for NFTs, based on Creative Commons model
The six licensing templates devised by VC firm Andreessen Horowitz are irrevocable and amendable, and give creators the power to set five variables for the future use of their works.
DC Attorney General sues Michael Saylor and MicroStrategy for tax evasion
"If you enjoy all the benefits of living in our great city while refusing to pay your fair share in taxes, we will hold you accountable,” said DC Attorney General Karl Racine.