Decentral Block Post
Access real-time blockchain and cryptocurrency news updates from around the globe.
Finance Redefined: DeFi’s downturn deepens, but protocols with revenue could thrive
The majority of the top 100 DeFi tokens traded in green, with many registering double-digit gains over the past week.
California again allows crypto contributions to state, local political campaigns
The state Fair Political Practices Commission has reversed a 2018 prohibition that arose from transparency and KYC concerns, while seven states still have a ban.
3AC founders reveal ties to Terra founder, blame overconfidence for collapse
Su Zhu revealed the 3AC team had close ties to Terra co-founder Do Kwon, which made them overlook many red flags with the project that eventually led to a multi-million dollar loss for the hedge fund.
Crypto.com scores regulatory approval from Cyprus SEC
Crypto.com exchange follows in FTX's footsteps by targeting aggressive expansion in Europe after receiving CySEC approval.
Buying crypto with credit card is now indirectly banned in Taiwan
In its note to banking sector, a chief financial regulator likens virtual assets to online gambling.
SEC listing 9 tokens as securities in insider trading case 'could have broad implications' — CFTC
CFTC Commissioner Caroline Pham took issue with the SEC labeling certain crypto assets as securities in an example of “regulation by enforcement."
SBF: Crypto winter winding down, FTX to turn a profit as it serves as lender of last resort
Billionaire CEO of the FTX exchange Sam Bankman-Fried sees a stable crypto market and wider FTX product range ahead pending regulation and a recovering world economy.
'The market is acting this way because there is no regulation' says Skale Labs' Konstantin Kladko
According to Kladko, a combination of naive investor protection mechanisms and lack of market regulation led to the recent DeFi "supercrash."
US authorities arrest former Coinbase manager, alleging insider crypto trading
Three people allegedly used multiple Ethereum wallets to purchase certain tokens in advance of at least 14 separate Coinbase public listing announcements.
South Korea postpones 20% tax on crypto gains to 2025
The delay comes just a couple of months after newly elected president Yoon Suk-yeol promised to work on regulations first.
Regulators across the ocean discuss stablecoins and MiCa at joint forum
The representatives of key regulatory bodies on both sides of the Atlantic have met to exchange their experiences.
Strict Thai crypto regulation causes SCB to delay Bitkub acquisition
SCB X notified the Stock Exchange of Thailand that the Bitkub acquisition is “still undergoing due diligence.”
Crypto use an aggravating factor for sentencing: Aussie court study
Offenders that use cryptocurrency for illegal activity in Australia are more likely to receive a tougher sentence.
SEC objects to XRP holders aiding Ripple defense
As the case against Ripple rages on, the SEC wants to see certain “friends of the court” in support of Ripple be barred from providing legal aid to the defense.
Tech trade group calls for regulatory clarity, claiming crypto job losses threaten US interests
“It’s time to move the crypto policy debate from "we need regulation" to 'what are the impacts of specific regulatory proposals?’” said Chamber of Progress.
UK financial markets bill authorizes regulation of stablecoins, service providers
Crypto regulation came through as expected in the Financial Services and Markets Bill in spite of changes in government personnel and the collapse of the crypto market.
South Korean authorities raid 15 entities linked to Terra collapse: Report
The Seoul Southern District Prosecutors Office reportedly raided the offices of crypto exchanges Upbit, Bithumb, Coinone, Korbit and Copax, among others on Wednesday.