Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Tether reported $1.04 billion in Q1 profit as USDT supply climbed to about $184.6 billion, powered largely by Treasury yield income. The numbers show a dominant, highly profitable stablecoin giant — but also one still drawing scrutiny over reserves, audits, and growing exposure beyond plain dollars.
Read Full Article
Ondo Finance is reportedly exploring a $250M–$500M acquisition as tokenized securities move from crypto novelty to real financial infrastructure. With new U.S. regulatory approvals and broader product expansion, the firm is aiming for distribution, licenses, and scale.
Read Full Article
Aave is weighing a cleanup of six low-use V3 markets — Sonic, Scroll, zkSync, Metis, Soneium, and Aptos — plus dozens of reserves that no longer justify the upkeep. The proposal targets about $98 million in supplied assets, but the message is blunt: dead weight is dead weight, even in DeFi.
Read Full Article
Stellar’s utility is quietly strengthening in payments, stablecoins, and tokenized assets, but XLM’s price is still stuck in a narrow range around $0.17. August looks like a test of whether real adoption can finally overpower the market’s usual indifference.
Read Full Article
New York has sued Kalshi, saying its prediction-market contracts on sports, elections, and award shows are really illegal gambling under state law. Kalshi says federal commodities rules protect it, setting up a bigger fight over whether these platforms are markets or sportsbooks in disguise.
Read Full Article
Bob Diamond says the CLARITY Act could end up helping the biggest banks win in crypto by giving them the regulatory certainty to scale blockchain and tokenized finance faster than smaller firms. The bill may open the market — and also widen Wall Street’s moat.
Read Full Article
New York has sued Kalshi, calling its prediction-market sports contracts unlicensed gambling and seeking to halt them in the state. Kalshi says federal oversight protects it, but with courts, states, and Congress all circling, the legal squeeze is tightening fast.
Read Full Article
The CLARITY Act could still reach a Senate vote before the August recess, but unresolved ethics language, a packed calendar, and shaky bipartisan math make it a close call. The bill aims to bring order to U.S. crypto oversight by splitting authority between the SEC and CFTC.
Read Full Article
BCH has bullish forecasts but still shaky technicals, Sui is hanging on a fragile support zone, and BlockDAG’s presale pitch is drawing skepticism for loud claims and shaky verification. The real split here is between market setups and pure marketing.
Read Full Article
Bitcoin and Ethereum crept higher, but the real action was in large-cap altcoins as volume and leverage cooled. The setup hints at selective risk-taking, not a full breakout — more rotation than rocket fuel.
Read Full Article