Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
HashKey Launches Crypto Exchange Ratings in Hong Kong to Boost Transparency HashKey, a leading Hong Kong-based cryptocurrency firm, has launched a comprehensive rating system for cryptocurrencies and exchanges, aiming to enhance market transparency and compliance in the region. HashKey launches rating initiative for crypto and exchanges in Hong Kong Partners with Hong Kong Virtual Asset […]
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Ripple Wins, ETFs Coming, So Why XRP Price Hasn’t Exploded Yet? Despite Ripple’s near-settlement with the SEC and the buzz around potential XRP Exchange-Traded Funds (ETFs), the cryptocurrency’s price remains stubbornly below $2.40. What’s holding it back? XRP price down 4%, trading below $2.40 Ripple close to settling $50 million fine with SEC Global economic […]
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Crypto Becomes a Staple for Millennial and Gen Z Investors: Insights from WEF Report The World Economic Forum’s 2024 Global Retail Investor Outlook reveals that Millennials and Gen Z are increasingly integrating cryptocurrencies into their investment strategies, often making up a significant portion of their portfolios. Millennials and Gen Z heavily invest in crypto Crypto […]
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Crypto Scammers in India Busted for $700k Fraud Posing as Japanese Exchange In a bold move that underscores the dark side of the crypto world, Indian law enforcement has dismantled a gang of five scammers who defrauded a businessman out of nearly $700,000. These fraudsters ran a fake trading platform disguised as ZAIF, a well-known […]
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South Korean Public Officials Embrace Crypto: 20% Hold Digital Assets Worth 14.4 Billion Won – 20% of South Korean public officials hold cryptocurrency. – Total value of these holdings: 14.41 billion Korean won ($9.8 million). – Seoul City Councilor Kim Hye-young leads with 1.7 billion Korean won ($1.2 million) in 16 different cryptocurrencies. – New […]
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U.S. Senate Votes to Repeal Controversial IRS DeFi Broker Rule The U.S. Senate has decisively voted 70-28 to overturn a contentious IRS rule that would have imposed strict tax reporting requirements on decentralized finance (DeFi) platforms. This significant move, which followed a similar resolution from the House of Representatives, awaits President Donald Trump’s expected approval. […]
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The Blockchain Group Boosts Bitcoin Treasury with 580 BTC Amid Stock Surge The Blockchain Group, a French tech firm, has added another 580 BTC to its Bitcoin treasury, valued at approximately $50.64 million. This move coincides with a 225% surge in the company’s stock price since it began accumulating Bitcoin in November 2024. The latest […]
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Fidelity’s Bold Leap into Stablecoins: A New Era for Crypto? Fidelity Investments, a titan in the US asset management world, is making a splash in the cryptocurrency space by testing its own stablecoin. This move follows their successful launch of Ethereum and Bitcoin ETFs, signaling a significant shift as traditional finance increasingly embraces blockchain technology. […]
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Russia’s Digital Ruble Pilot in Tatarstan: A Test of Programmable Money Russia is testing its Central Bank Digital Currency (CBDC), the digital ruble, in the Tatarstan region. The pilot, set to commence in the third quarter of this year, aims to explore the controversial feature of programmability through smart contracts. Testing digital ruble in Tatarstan […]
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Highlights of Ethereum’s All Core Devs Meeting (ACDE) #208 Ethereum’s development community is buzzing with anticipation as the Pectra hard fork gears up for a mainnet deployment on April 30th, following a successful activation on the Hoodi testnet. This latest All Core Devs Execution (ACDE) Call #208 was packed with updates, showcasing Ethereum’s relentless drive […]
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