Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Solana-Based DeFi Platform Drift Protocol Suffers $270 Million Cyberattack A catastrophic cyberattack has struck Drift Protocol, a decentralized finance (DeFi) platform on the Solana blockchain, resulting in the theft of over $270 million in crypto assets. Reported by onchain analytics firm Lookonchain, this exploit exposes glaring security flaws in the DeFi space and casts a […]
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Drift Protocol $270M Hack: Solana DEX Suffers Major DeFi Exploit A devastating blow has struck the decentralized finance (DeFi) world as Drift Protocol, a prominent decentralized exchange (DEX) on the Solana blockchain, lost over $270 million in a brazen exploit within a single hour. This staggering theft, potentially the largest Web3 attack in recent years, […]
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eToro Lands New York BitLicense, Bringing Crypto Trading to 48 US States eToro, the global online brokerage and social trading giant, has scored a major win by securing a New York BitLicense and a money transmission license from the New York State Department of Financial Services (NYDFS). This milestone allows the platform to offer cryptocurrency […]
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CFTC Cracks Down on Insider Trading as JPMorgan and Paradigm Push Prediction Market Frontiers Prediction markets are emerging from the shadows, drawing heavyweights like JPMorgan Chase and crypto venture firm Paradigm into a speculative arena that mixes gambling, investment, and uncanny forecasting. But the U.S. Commodity Futures Trading Commission (CFTC) is sounding a loud alarm: […]
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Franklin Templeton Charges into Bitcoin with New Unit and Acquisition Amid Institutional Adoption Wave Franklin Templeton, a global titan in asset management with over $1.5 trillion under its belt, has made a seismic move into the cryptocurrency arena by launching a dedicated Bitcoin and digital asset business unit. Paired with the acquisition of crypto investment […]
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Hong Kong Stablecoin Licensing Delay: Missed 2026 Deadline and Its Crypto Impact Hong Kong’s dream of becoming a global leader in digital finance hit a snag as it missed its self-imposed March 2026 deadline for licensing the first batch of stablecoin issuers. Despite rolling out the Stablecoin Ordinance in August 2025, the Hong Kong Monetary […]
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Trump Hints at US Exit from Iran: Bitcoin and Oil Markets Brace for Impact Could a surprise US withdrawal from Iran, flagged by President Donald Trump as potentially just weeks away, ignite a Bitcoin rally past $70,000—or send it spiraling down? With global markets on edge, the stakes for oil, stocks, and crypto couldn’t be […]
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SEC Approves NYSE Arca Multi-Crypto Trust Options: A Milestone for Bitcoin and Ethereum Investors The U.S. Securities and Exchange Commission (SEC) has given the go-ahead to NYSE Arca, a leading electronic securities exchange under the New York Stock Exchange umbrella, to list options tied to a multi-crypto trust product. This landmark decision signals a cautious […]
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Bitcoin Transaction Fees Hit 15-Year Low: Network Dormancy or New Era? Bitcoin transaction fees have plummeted to their lowest level since March 2011, a jaw-dropping trend that defies the cryptocurrency’s soaring price action in 2024. Data from on-chain analytics firm Glassnode reveals a stark reduction in network activity, raising questions about Bitcoin’s evolving role in […]
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Bitcoin ETFs Surge: $1.32 Billion Inflow in March 2026 Signals Potential Recovery Spot Bitcoin ETFs have made a striking comeback, recording a hefty $1.32 billion in net inflows for March 2026, the first positive monthly flow of the year. After a punishing four-month streak of outflows since November 2025, this shift could hint at renewed […]
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