Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
DOJ Seizes $24M in Crypto from Qakbot Malware Developer: Is a Bigger Crackdown Looming? The U.S. Department of Justice (DOJ) has made a bold move against global cybercrime by seizing over $24 million in cryptocurrency from Rustam Rafailevich Gallyamov, a Russian national accused of masterminding the notorious Qakbot malware. This action not only underscores the […]
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Kraken Launches xStocks: Tokenized Equities for Non-US Users on Solana Imagine trading Apple stocks from your smartphone in Kenya or Brazil, 24/7, without any fees. Kraken’s new xStocks platform makes this possible, bringing tokenized shares of major companies to non-US users via the Solana blockchain. This initiative aims to enhance global financial inclusion and open […]
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Marks & Spencer Faces $403 Million Loss After Sophisticated Cyberattack Marks & Spencer (M&S), a pillar of the British retail sector, is grappling with a projected financial loss of $403 million following a cyberattack orchestrated by the hacking group DragonForce. The attack not only disrupted M&S’s operations but also exposed sensitive customer data, raising serious […]
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Semler Scientific Bolsters Bitcoin Strategy with $50M Purchase Near All-Time High In a bold move echoing the digital gold rush, Semler Scientific has doubled down on Bitcoin near its all-time high. The company disclosed on May 23, 2025, via a Form 8-K filing with the SEC, that it purchased an additional 455 Bitcoins for a […]
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Thief Behind Massive Coinbase Exploit Swaps Stolen Crypto and Trolls On-Chain Sleuth ZachXBT In a digital heist straight out of a cyberpunk novel, a thief behind a massive Coinbase exploit not only swapped millions in stolen Bitcoin but also taunted a renowned blockchain sleuth on-chain, showcasing the audacity and sophistication of modern cybercriminals. Thief swaps […]
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Cetus Offers $5 Million Bounty After $223 Million Exploit on Sui Blockchain: Urgent Call for Crypto Security Cetus, a leading DEX on Sui, offers $5M bounty for hacker behind $223M exploit $162M of stolen funds frozen; Cetus seeks return of 20,920 ETH and all Sui assets Hack exploited AMM liquidity parameters; Cetus vows to re-audit […]
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Ember Sword, Ethereum-Based MMORPG, Shuts Down Amid Funding Woes In the high-stakes world of web3 gaming, even the most promising projects can fall victim to the harsh realities of funding and market dynamics. Ember Sword, a once-thriving Ethereum-based MMORPG, has become the latest casualty after announcing its closure due to insufficient financial support. Ember Sword […]
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The UK-listed Smarter Web Company Boosts Bitcoin Holdings with £1.85M Buy The Smarter Web Company PLC has boldly increased its Bitcoin investments, purchasing an additional 23.09 BTC valued at £1.85 million. This move brings their total holdings to 58.71 BTC, aligning with their “10 Year Plan” to integrate digital currencies into their treasury strategy. Is […]
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Alchemy Acquires NFT Launchpad HeyMint to Boost Smart Wallet Development Alchemy, a leader in blockchain infrastructure, has acquired NFT launchpad HeyMint, aiming to accelerate its smart wallet development initiatives. This strategic move is designed to enhance user onboarding into the web3 space, leveraging HeyMint’s user-friendly tools and extensive experience in the NFT market. Alchemy acquires […]
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FIFA’s Game-Changing Move: Launching the FIFA Blockchain on Avalanche FIFA is kicking off a new era in sports and digital engagement with its latest move to the Avalanche blockchain, ending its previous collaboration with Algorand. This strategic shift aims to revolutionize fan experiences and digital collectibles on a global scale. FIFA partners with Avalanche on […]
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