Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Braiscompany Mastermind Joel Ferreira de Souza Sentenced to 128 Years for $190 Million Crypto Ponzi Scheme Joel Ferreira de Souza, the mastermind behind the notorious Brazilian crypto Ponzi scheme Braiscompany, has been sentenced to a staggering 128 years in prison. Alongside him, accomplices Gesana Rayane Silva and Victor Augusto Veronez de Souza received sentences of […]
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Aptos Community Proposes Steep Cut in Staking Rewards: A Balancing Act Between Efficiency and Decentralization In a bold move that could reshape its future, Aptos is considering slashing its staking rewards. The proposal, initiated by community member MoonSheisty on April 18, aims to reduce the rewards from 7% to 3.79% over three months, sparking a […]
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Can a $300M Token Unlock Revive the Struggling Trump Memecoin on Solana? – 40M TRUMP tokens unlocked on April 18, worth $300M – 90% price drop from all-time high – Potential for bullish rebound based on technical analysis The Trump memecoin, operating on the Solana blockchain, has been thrust into the spotlight once again after […]
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MoonPay CEO Urges Congress to Preserve State Authority Over Stablecoins Amid Legislative Push In a bold move, MoonPay CEO Ivan Soto-Wright has urged Congress to maintain state-level control over stablecoins, amidst a heated legislative battle. Stablecoins are cryptocurrencies designed to have a stable value, often pegged to a fiat currency like the US dollar. MoonPay […]
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HashKey Capital Launches Asia’s First XRP Tracker Fund HashKey Capital has taken a bold stride with the launch of Asia’s first XRP Tracker Fund, offering seasoned investors a regulated pathway to engage with XRP’s potential. This development not only signifies Asia’s growing clout in the crypto arena but also bridges the gap between Web3—a decentralized […]
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Tokenized Stocks Set to Surge Past $1 Trillion Market Cap, Industry Leaders Declare At the TokenizeThis conference in New York, industry leaders projected that tokenized stocks, a type of tokenized real-world asset (RWA), are on track to exceed a market capitalization of $1 trillion in the coming years. Tokenized stocks, which represent traditional stocks converted […]
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Kyrgyzstan Launches Digital Som CBDC, Aiming to Leverage Blockchain Technology Kyrgyzstan has embarked on a significant financial transformation by introducing the “digital som,” a Central Bank Digital Currency (CBDC), which is a digital version of its national currency. On April 17, President Sadyr Zhaparov signed the legislation authorizing the National Bank of the Kyrgyz Republic […]
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Solana Developers Return to Cypherpunk Roots: Boosting Privacy and Decentralized Governance Solana developers are revisiting the cypherpunk origins of cryptocurrency, signaling a major shift toward privacy and decentralized innovation. This movement could redefine Solana’s role in the blockchain ecosystem, challenging its reputation as a venture capital-driven platform. Solana’s shift to cypherpunk ideals Privacy-preserving applications on […]
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Solana’s dApp Ecosystem Outshines Rivals with $2.8 Billion in Revenue In the fast-paced world of blockchain, Solana’s decentralized applications (dApps) have surged ahead, amassing a whopping $2.8 billion in revenue over the past year. This figure dwarfs the earnings of dApps on all other networks combined, highlighting Solana’s dominance in the space. But what fuels […]
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$1.4B in Bitcoin Sold by Chinese Authorities Amid Lack of Oversight Chinese local governments have been secretly selling off $1.4 billion in seized cryptocurrencies, primarily Bitcoin, despite the country’s strict ban on crypto trading. These sales, conducted through overseas private companies, highlight a significant gray area in regulations and raise concerns about the effectiveness of […]
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