Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Wyoming’s Bold Leap into Crypto: WYST Set to Launch in July 2025 – WYST launch set for July 2025 – Fiat-backed with 102% reserve requirement – Aims to fund education, infrastructure, and agriculture – Blockchain platforms under consideration: Solana, Ethereum, Polygon Wyoming is not just riding the crypto wave; it’s trying to steer the ship […]
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Binance Takes Decisive Action: $38 Million MOVE Token Profits Frozen After Market Maker’s Dump Binance, the heavyweight in the crypto exchange world, has banned a market maker and frozen $38 million in profits after it dumped 66 million Movement (MOVE) tokens shortly after listing on December 10th. This move underscores Binance’s commitment to maintaining market […]
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How a Shipping Container and Bitcoin Revitalized a Struggling African Hydro Project In Zambia’s remote Ikelenge district, the Zengamina hydroelectric plant was on the brink of failure due to surplus electricity that the local community couldn’t fully utilize. Enter Gridless, a Nairobi-based Bitcoin mining startup, which turned the tide by deploying a mobile mining unit, […]
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Constellation Network’s Digital Evidence: Revolutionizing Law Enforcement with Blockchain Constellation Network has launched Digital Evidence, a blockchain-based solution designed to enhance evidence collection and compliance for law enforcement and emergency services. Blockchain solution for law enforcement Collaboration with U.S. Department of Defense Integration with Panasonic’s TOUGHBOOK Exploration of AI, retail, and IP applications Constellation Network’s […]
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Rumble to Launch Digital Wallet Backed by Tether Investment Rumble, the video-sharing platform advocating for free speech, is diving into cryptocurrency with a significant $775 million investment from Tether. This collaboration aims to launch a new digital wallet, transforming how creators, especially in emerging markets, receive payments. Rumble’s Digital Wallet for creators $775 million Tether […]
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Fidelity’s Timmer on Bitcoin Adoption: Stagnant Wallet Growth Amid Institutional Influence Wondering why Bitcoin’s wallet count isn’t growing despite its popularity? Fidelity’s Timmer has the answer. Jurrien Timmer from Fidelity Investments highlights the surprising lack of growth in Bitcoin wallet counts, attributing it to the influence of institutional investors and US-based spot ETFs. This might […]
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Jack Dorsey’s Block Slashes Nearly 1,000 Jobs in Major Reorganization Jack Dorsey’s financial technology company, Block, is making significant changes in the financial technology sector with its latest round of layoffs. The company plans to cut nearly 1,000 jobs, as detailed in an email titled “smaller block.” This move marks Block’s second major reorganization within […]
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US Marshals Arrest Veer Chetal in $243M Bitcoin Heist: Third Suspect Caught in Crypto Crime Wave US Marshals have arrested 19-year-old Veer Chetal, known as Wiz, marking the latest development in a $243 million Bitcoin heist from a Genesis creditor in 2024. The trio, including Malone Lam (Greavys) and Jeandiel Serrano (Box), used social engineering […]
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Japan’s Coincheck Launches Coincheck Prime: A New Era for Corporate Crypto Custody Coincheck, Japan’s leading cryptocurrency exchange, has introduced Coincheck Prime, a new service aimed at corporate and institutional investors, signaling a significant advancement in the country’s embrace of digital assets. Coincheck Prime targets corporate and institutional investors with deposit balances of at least 10 […]
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Custodia Bank and Vantage Bank Launch Avit Stablecoin, Revolutionizing Traditional Banking with Blockchain Custodia Bank and Vantage Bank have made history by being the first in the U.S. to tokenize U.S. dollar demand deposits on a public blockchain through the launch of the Avit stablecoin on the Ethereum mainnet. This groundbreaking move, fully compliant with […]
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