Over 60% Of Ethereum Blocks Are OFAC Complaint, A Reason To Worry?

When Ethereum finally moved from a Proof of Work (PoW) to a Proof of Stake (PoS) mechanism, it had been done to much fanfare in the community. Most celebrated the new promise of better efficiency and ...

Web3 Freedom? OpenSea Blocks Cuban Artists due to US Sanctions

In compliance with U.S. sanctions law, OpenSea – the world’s largest NFT marketplace – is delisting Cuban artist and collector accounts from its platform.  A recent statement from the company confirms...

Bitcoin Miners Discovered 53,240 Blocks This Year, Foundry Led the Pack, Hashrate Tapped an All-Time High – Mining Bitcoin News

As the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238 exahash per second (EH/s) toward the Bitcoin blockchain in order to secure the network and reap mining ...

OpenSea blocks Cuban artists from the platform due to US sanctions

Nonfungible token (NFT) marketplace OpenSea has been banning artists and collectors from Cuba, citing United States sanctions as the key reason behind its action. According to a report published by Ar...

OpenSea Blocks Cuban Artists on the Back of U.S. Sanctions

30 Cuban artists and collectors have reportedly been censored on the OpenSea NFT marketplace to comply with U.S. sanctions. This includes well-known Havana-based artists Gabriel Guerra Bianchini and F...

Ethereum OFAC-compliant blocks drop as validators move to affect this update

Ethereum OFAC-compliant blocks have dropped, according to recent data. Ethereum validators are also planning to employ an update that would see OFAC compliance reduced by 35%. After this year’s merge,...

NFT project blocks Chinese Twitter comments citing the need for ‘North American expansion’

According to a Twitter post dated Dec. 11, SHHAN, creator of the black cats nonfungible tokens (NFT) collection Mimic Shhans, explained to users why he was blocking posts on community social pages wri...

Ethereum OPAC Compliant blocks in decline after touching 80%

According to recent data from MEV Watch, for 24 hours timeframe, 64.44% of Ethereum blocks were compliant with OFAC standards. However, the Ethereum educator and investor sassal.eth reported on Dec.9 ...

Sam Bankman-Fried Loaned $43 Million to The Block’s CEO

Key Takeaways The Block CEO Michael McCaffrey was revealed today to have secretly borrowed $43 million from Sam Bankman-Fried. At least $27 million were used to fund the crypto news company. McCaffrey...

Apple blocks Coinbase wallet’s for allowing NFT sales

Apple has reportedly blocked Coinbase Wallet app update of its iOS version until they disable the feature of sending NFTs. According to Coinbase Wallet, Apple claims that in order for them to be able ...

Coinbase halts NFT transfers for iOS users after Apple blocks app over 30% fee

Coinbase, one of the leading cryptocurrency exchanges in the crypto industry, has halted the transfer of non-fungible tokens (NFTs) on iOS. According to the exchange, the decision to disable the send ...

Apple blocks NFTs on Coinbase wallet

The Coinbase Wallet app update disables the NFT feature at Apple‘s request, so users of the platform get caught up in Apple’s in-app purchase problems.  In addition, it appears that the operating syst...

Apple Blocks Coinbase Wallet NFT Transfers

– Advertisement – Coinbase Wallet NFTs Blocked By Apple. Coinbase Wallet just blocked in-app NFT transfers, citing pressure from Apple demanding 30% of gas fees for NFT transfers. Coinbase...

The Block’s guide for the crazy web3 week ahead in Miami

Miami’s busiest week of the year is about to unfold, with the global jet set due to storm the city just after Thanksgiving for seven straight days of nonstop art and parties anchored by the Art ...

UK Bank Starling Blocks Payments to Crypto Platforms — Claims Crypto Is High Risk, Heavily Used for Criminal Purposes – Finance Bitcoin News

Starling Bank has informed its customers that the bank no longer supports fund transfers to cryptocurrency platforms, including crypto exchanges. The bank stated that cryptocurrencies “are high risk a...

ApeCoin Geo blocks North Americans from using its staking provision – crypto.news

North American holders of the ERC-20 metaverse token (ApeCoin) from Yuga labs will no longer be able to stake it. This latest development is coming shortly after the recent SEC’s probe into Yuga labs ...

Art Blocks Explorations Sales Are Up – Was it a Surprise?

Join Our Telegram channel to stay up to date on breaking news coverage The number of sales for Art Blocks Explorations is up. ProsperCircle data shows that the NFT project has made a total of 693 sale...

Research: 78% of all staked ETH is across 4 centralized providers; 74% of all blocks are OFAC compliant

Ethereum (ETH) staking on-chain data shows that an estimated 78% of all staked ETH is across four centralized providers. Currently, an approximated 8-9 million ETH is staked across the following four ...

Crypto Analyst Says FOMO and Doubt Will Be the Building Blocks for the Next Big Bitcoin (BTC) Bull Run

A widely followed crypto trader claims the uncertainty shrouding Bitcoin’s (BTC) next bull market will be the fuel that ends the bear market. The pseudonymous crypto analyst Rekt Capital warns their 3...

Gemini Blocks “Earn” Crypto Program

Gemini is the latest in a series of companies experiencing problems with the processing of crypto and non-crypto withdrawals. According to the company itself, it will not be able to process refunds to...

Kraken blocks FTX crypto accounts

The California-based sea monster exchange, Kraken, has blocked a number of crypto accounts upon instructions from authorities because they are traceable to FTX, Alameda Research and their executives. ...

Judge Blocks Student Debt Relief Program. What That Means for Navient.

A federal judge from Texas blocked President Joe Biden’s student debt relief program on Thursday. This could be good news for lenders like Navient In August, Biden announced his student loan debt plan...

BlockFi blocks withdrawals – The Cryptonomist

The BlockFi trading platform, among the most robust and least affected by the FTX contagion, changes its mind and with a statement posted on its Twitter account informs that it will limit operations o...

Vauld gets creditor protection until January as court blocks longer extension

Troubled Asian crypto lender Vauld has received a further extension to its legal protection from creditors — albeit a shorter delay than requested.  The company now has until Jan. 20 to explore ...

Texas Federal Judge Blocks Biden’s Student Loan Relief Program

Topline President Joe Biden’s student loan relief program was struck down by a Texas federal judge who deemed it an “unconstitutional exercise” on Thursday, putting the plan in further jeopardy after ...

73% of All Daily Blocks Minted on Ethereum OFAC Compliant

Altcoin News 51% of Ethereum blocks were confirmed to be compliant with OFAC rules in October. The agency has already sanctioned Tornado Cash and a number of ETH addresses. Members have been monitorin...

OpenSea Now Auto-Detects and Blocks Stolen NFTs, Disables Scam Links

In brief OpenSea, the top NFT marketplace by trading volume, has launched new theft detection and prevention features. One feature detects and disables scam links shared on the platform, while the oth...

Cloud service provider Hetzner blocks access for Solana validators over TOS breach

Cloud service provider Hetzner has stopped providing its services to Solana (SOL) validators, according to a screenshot shared by stake pool operator SolBlaze on Nov. 2. 🚨⚠️ Hetzner just kicked off al...

Ethereum censorship debate heats up as censored blocks hit 65%

The founder of Gnosis Safe, Martin Koppelmann, took to Twitter to debate the importance of reviewing the state of censorship on the Ethereum blockchain. Koppelmann stated, “there is no wide agreement ...

Is Ethereum now under U.S. control? 99% of latest relay blocks are censoring the network

Following OFAC sanctions on Ethereum addresses related to Tornado Cash and other global entities, many were concerned with the precedent set by the bans. Vitalik Buterin, the founder of Ethereum, call...

Kraken blocks Bitcoins from some accounts in Russia

With yet another crackdown of sanctions on Russia, the European Union has effectively banned any cryptocurrency transactions (Bitcoin above all) to and from Putin’s country, and so Kraken, the US-base...

An Unknown Miner Commands More Than 51% of BSV’s Hashpower, Consecutive Strings of Empty Blocks Makes Chain Unreliable – Bitcoin News

A single miner has managed to overtake a large portion of the Bitcoinsv (Bitcoin Satoshi’s Vision) blockchain capturing more than 80% of the hashrate on October 17. Today, the unknown miner’s hashpowe...