Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Tether-Backed Oobit Seeks License in UAE, Eyes Middle Eastern Expansion Can a crypto payments service revolutionize the way we use digital currencies in the Middle East? Oobit, with the financial might of Tether and Solana behind it, is betting big on the UAE, applying for a Financial Services Regulatory Authority (FSRA) license under the Abu […]
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Top Anti-Crypto Federal Reserve Official Michael Barr Resigns Michael Barr, the Vice Chair for Supervision at the Federal Reserve, has stepped down, eliciting cheers from the cryptocurrency community. His exit coincides with the incoming Trump administration’s intent to install pro-crypto sympathizers in key regulatory roles, signaling a potential shift in the U.S. stance on digital […]
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NYREF Tokenizes $18M NYC Property, Pioneering Real Estate Investment NYREF has successfully tokenized an $18 million property at 3187 Grand Concourse in the Bronx, New York City, utilizing the Avalanche blockchain. This move brings fractional ownership and increased liquidity to real estate, allowing investors to buy into this asset with cryptocurrencies like USTD, USDC, AVAX, […]
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O.XYZ Raises $130 Million to Revolutionize DAO Governance with Decentralized AI O.XYZ has secured a hefty $130 million to advance its vision of creating a Decentralized Autonomous Organization (DAO) governed by community-driven AI. This move underscores the growing interest in merging blockchain technology with artificial intelligence to foster new governance models, with the potential to […]
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Ripple Surges Past Ethereum in South Korea’s Crypto Preferences Ripple (XRP) has overtaken Ethereum (ETH) as the second-most preferred cryptocurrency among South Korean investors, according to a recent survey by News1. This shift underscores the unique dynamics of the South Korean crypto market amidst broader economic concerns. Ripple surpasses Ethereum in South Korea. Survey reveals […]
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Trump’s Return Predicted to Ignite Crypto Mergers: Bitwise CEO’s Vision The potential return of Donald Trump to the White House is poised to significantly influence the cryptocurrency sector, according to Hunter Horsley, CEO of Bitwise Asset Management. Horsley predicts that Trump’s anticipated deregulation of mergers and acquisitions could pave the way for corporate consolidation, potentially […]
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Klickl International and Zand Bank Join Forces to Propel Digital Asset Innovation in the UAE Klickl International, a leading Web3.0 open finance platform, and Zand Bank, the UAE’s first fully licensed, AI-powered digital bank, have announced a strategic partnership aimed at driving digital asset innovation in the region. Partnership announced January 7th, 2025, in Dubai […]
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Chamath Palihapitiya Forecasts Stablecoins as 2025’s Biggest Business Winners Billionaire investor Chamath Palihapitiya has made a bold prediction: dollar-denominated stablecoins will be the biggest business winners by 2025. Stablecoins, cryptocurrencies designed to maintain a stable value by being pegged to assets like the US dollar, are gaining traction in business transactions due to their ability […]
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CoinSwitch Promises Recovery Through Rewards for WazirX Hack Victims In July 2024, WazirX, a prominent Indian cryptocurrency exchange, fell victim to a cyberattack, resulting in hackers stealing over $230 million in digital assets. In response, CoinSwitch, another major player in the Indian crypto market, launched the ‘CoinSwitch Cares‘ program, offering a lifeline to affected users […]
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Russian Man Brutally Assaulted and Robbed of $20,000 in Phuket Over Cryptocurrency Dispute In a harrowing incident in Phuket, Thailand, a 31-year-old Russian man named Zelimkhan was brutally assaulted and robbed of $20,000 by two associates over a cryptocurrency dispute. The assailants, Andrei and Dmitri, demanded repayment of a $120,000 cryptocurrency debt and attempted to […]
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