Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Belarus Welcomes Crypto Miners with Open Arms and Incentives Belarus is establishing itself as a burgeoning hub for cryptocurrency miners, rolling out incentives to attract investment and capitalizing on its expanded energy capacity. As Deputy Minister of Energy Denis Moroz leads the charge, interest from mining investors is on the rise, aiming to leverage Belarus’s […]
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Trump’s Crypto Council: A Bold Step into the Digital Future In a surprising yet calculated move, former President Donald Trump has announced the creation of a new advisory body, the Presidential Council of Advisers for Digital Assets, commonly referred to as the ‘Crypto Council.’ This initiative aims to cement America’s leadership in blockchain and digital […]
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Trust Wallet Users Alarmed by Vanishing Balances: Technical Glitch Unnerves Crypto Community Trust Wallet users were thrown into a state of anxiety when their cryptocurrency balances seemed to vanish overnight. Fortunately, the situation was due to a technical glitch rather than a security threat. Yet, this incident has ignited fresh concerns about the security of […]
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85-Year-Old Brooklyn Painter Swindled by NFT Con Artists, Loses Life Savings An 85-year-old Brooklyn painter has tragically lost his life savings of $135,000 in an elaborate NFT scam. Misled by promises that his artwork would be sold as NFTs for a substantial profit on OpenSea, the artist was left empty-handed—a stark reminder of the digital […]
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Charles Hoskinson Advocates for Bipartisan Crypto Regulation Charles Hoskinson, the indomitable founder of Cardano, is diving headfirst into the political arena with one clear mission: to dismantle the partisan barriers obstructing sensible cryptocurrency regulation. Engaging with Democratic Senators, including the ostensibly promising John Fetterman, Hoskinson seeks to champion the immense potential of cryptocurrency while advocating […]
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Social Media Influencer Haliey Welch Under Fire for Alleged HAWK Memecoin Scam Haliey Welch, a 22-year-old social media influencer, is mired in controversy with allegations of her involvement in a crypto rug pull scam involving the Solana-based HAWK memecoin. Despite facing serious accusations, Welch asserts her innocence and has pledged to cooperate fully with legal […]
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Compass Mining Powers Up: Texas Facility Marks a Major Milestone Compass Mining is making substantial waves in the cryptocurrency world with a new Bitcoin mining facility in Texas. With an initial capacity of 25 megawatts (MW) planned to be operational by early January 2025, and ambitions to scale up to 60 MW by the third […]
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Patricia’s Plan to Rebuild Trust After Cyberattack: A Closer Examination Patricia Technologies, a Nigerian cryptocurrency trading platform, is addressing the fallout from a cyberattack that led to losses of over 600 million naira in 2022. The company is initiating a repayment plan to compensate affected users and restore trust. After losing over 600 million naira […]
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Riot Platforms Faces Strategic Overhaul as Starboard Advocates Shift to Hyperscalers Riot Platforms, a significant player in the Bitcoin mining sector, finds itself at a crossroads. Despite boasting an impressive 16,728 Bitcoins and a 1 GW mining capacity, the company is underperforming in the stock market. Starboard Value, an activist investor renowned for its aggressive […]
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Operation Choke Point 2.0: Crypto in the Crosshairs or Political Theatre? Incoming President Donald Trump has set his sights on the alleged “Operation Choke Point 2.0”, a rumored initiative by the Biden administration intended to curb the crypto industry’s access to banking services. While the administration denies any such program exists, regulatory actions paint a […]
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