Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Dogecoin Holders Shift Focus to Mutuum Finance: The New “ADA 2.0” in DeFi Thousands of Dogecoin (DOGE) holders are now turning away from the meme coin’s volatility, setting their sights on Mutuum Finance (MUTM), a DeFi lending platform hailed as “ADA 2.0.” This shift reflects a broader trend towards more stable and promising investment opportunities […]
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Russian Social Network VK Shuts Down NFT Marketplace Amid Financial Struggles VK, the Kremlin-backed social media giant in Russia, has announced the closure of its NFT marketplace, VK NFT Hub, due to significant financial difficulties. Launched in December 2022, the platform will cease operations on April 15, 2024, requiring users to transfer their NFTs to […]
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Charles Hoskinson’s Bold Bitcoin Price Prediction: $250,000 ATH in Sight Cardano founder Charles Hoskinson recently predicted that Bitcoin could reach an all-time high (ATH) of $250,000 within the next year, extending into 2026. This forecast reflects growing interest and adoption but also highlights the speculative nature of crypto investments. Charles Hoskinson predicts Bitcoin ATH of […]
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WazirX’s Restructuring Plan Gains Strong Creditor Backing After $230 Million Cyber Attack WazirX, an Indian cryptocurrency exchange, has secured overwhelming support for its restructuring plan, following a devastating $230 million cyber attack attributed to the notorious Lazarus Group. With 93.1% of creditors by count and 94.6% by value endorsing the scheme, WazirX aims to navigate […]
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BTC Mining Hashrate Hits ATH, Intensifying Pressure on U.S. Miners Squeezed by Tariffs On April 5, 2023, Bitcoin’s mining hashrate, which is the total computational power used to mine and process transactions on the Bitcoin network, soared to an all-time high of over 1 Zetahash per second (ZH/s). This milestone not only showcases the network’s […]
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Dubai Pioneers Real Estate Tokenization with DLD and VARA Partnership Dubai’s real estate market is about to undergo a seismic shift thanks to a new partnership between the Dubai Land Department (DLD) and the Dubai Virtual Asset Regulatory Authority (VARA). This collaboration has launched a pilot project that aims to tokenize real estate, making property […]
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U.S. Federal Agencies to Report Crypto Holdings: New Strategic Bitcoin Reserve Announced U.S. federal agencies are required to report their cryptocurrency holdings to the Treasury Department by Monday, as part of an executive order signed by President Donald Trump. This order aims to establish a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, marking […]
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ETH, SOL, DOGE, XRP Crash Amid Crypto Market Sell-Off The cryptocurrency market experienced a significant downturn as major altcoins like Ethereum, Solana, XRP, and Dogecoin plummeted in value, triggered by a massive sell-off that began in Asian markets. This turmoil was sparked by heightened global tensions following U.S. President Donald Trump’s announcement of new tariffs, […]
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Solana Below $100: Drops to 7th Position amid Market Crash Solana (SOL), once celebrated for its high-speed transactions and low costs, has seen its price fall below $100, slipping to the 7th spot in market capitalization amid a broader market crash. Solana price drops below $100, ranking falls to 7th Broad market crash, regulatory concerns […]
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Binance Boosts Crypto Accessibility with Apple Pay and Google Pay Integration via Worldpay Binance, a leading cryptocurrency exchange, has joined forces with Worldpay to integrate Apple Pay and Google Pay, streamlining the process of purchasing cryptocurrencies like Bitcoin and Cardano (ADA). While this move aims to attract a broader audience by simplifying crypto purchases, it […]
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