Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Galaxy Executive Predicts U.S. Government Will Boost Bitcoin Reserves in 2025 Alex Thorn, head of research at Galaxy Digital, has made a bold prediction that the U.S. government will ramp up its Bitcoin holdings in 2025 to strengthen the Strategic Bitcoin Reserve (SBR). U.S. government to purchase Bitcoin for SBR in 2025 Executive order prohibits […]
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Crypto Industry Injects $18 Million into Trump’s Inauguration Fund The Federal Election Commission (FEC) has revealed that cryptocurrency firms and stakeholders have donated over $18 million to Donald Trump’s inauguration fund. Ripple led with a hefty $4.9 million contribution, highlighting the crypto industry’s growing influence in political spheres and sparking debates about the implications of […]
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U.S. Senators Reintroduce PROOF Act to Enhance Crypto Transparency U.S. Senators Thom Tillis and John Hickenlooper have reintroduced the PROOF Act, aiming to bolster transparency and safeguard customer funds in the cryptocurrency sector following the devastating collapse of FTX. Reintroduction of PROOF Act to enhance transparency. Mandates monthly third-party audits for digital asset custodians. Response […]
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Solana NFT Platform Metaplex Faces Legal Scrutiny Over Unclaimed SOL Metaplex, a prominent platform on the Solana blockchain for managing NFTs, is under fire for its plan to sweep over 54,000 unclaimed SOL into its community-managed fund, potentially stirring up a legal storm. Metaplex plans to transfer unclaimed SOL into its DAO treasury Value of […]
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Ethereum Founder Vitalik Buterin Steps Away From The Frontlines The Ethereum Foundation has undergone a significant leadership restructuring, enabling its co-founder, Vitalik Buterin, to shift his focus from operational duties to deep-cycle research. This strategic move, announced by the newly appointed Co-Executive Director Tomasz K. Stańczak, aims to accelerate Ethereum’s technical roadmap and foster long-term […]
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Vitalik Buterin Proposes Ethereum EVM Overhaul with RISC-V Integration Vitalik Buterin, co-founder of Ethereum, has proposed a major upgrade to Ethereum’s core infrastructure by replacing the Ethereum Virtual Machine (EVM) with RISC-V, an open-source architecture. This ambitious move, shared on Ethereum’s core developer forum, aims to enhance scalability, lower transaction costs, and streamline the execution […]
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Crypto Giants Circle and BitGo Eye U.S. Bank Licenses: A Leap Towards Mainstream Finance In a groundbreaking move, crypto giants Circle and BitGo are set to shake up the financial world by seeking U.S. bank licenses. This bold step could integrate cryptocurrencies deeper into the traditional banking system, a move supported by the Trump administration’s […]
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Why Bitcoin Doesn’t Need ETFs – It Needs Grocery Stores Picture this: you stroll into your local grocery store, fill your cart, and pay for your groceries with Bitcoin. Far from a futuristic fantasy, this simple act could unlock Bitcoin’s true potential, extending beyond the allure of Wall Street’s Exchange-Traded Funds (ETFs). Bitcoin’s purpose: peer-to-peer […]
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Oregon Sues Coinbase, Labels 31 Crypto Tokens as Securities Oregon has filed a lawsuit against Coinbase, alleging the exchange sold 31 unregistered tokens as securities, including XRP, ADA, and LINK. This legal action could have significant implications for the crypto industry. Oregon sues Coinbase over 31 tokens labeled as securities Tokens include XRP, ADA, LINK, […]
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Crypto-friendly Paul Atkins Sworn in as 34th U.S. SEC Chairman Paul Atkins appointed as 34th SEC Chairman on April 21, 2025. Nominated by President Donald Trump, confirmed by the Senate. Former SEC commissioner, blockchain and fintech advocate. Expected to foster a more cooperative regulatory environment for crypto. Paul S. Atkins has officially taken the helm […]
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