Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Russia’s Bold Leap into Crypto: Moscow Exchange to Test Digital Asset Trading Russia’s Ministry of Finance has announced a groundbreaking move to test cryptocurrency trading on the
Read Full Article
MoonPay Secures $200 Million Credit Line from Galaxy to Fuel Global Crypto Growth – MoonPay secures $200M from Galaxy – Boosts liquidity for global expansion – Achieves 112% revenue growth in 2024 MoonPay, a leading platform for seamless cryptocurrency transactions, has secured a $200 million revolving credit line from Galaxy, a major player in digital […]
Read Full Article
Crypto Scam Alert: Fake TradingView App Steals Funds from Traders Imagine logging into your crypto wallet, expecting to see a healthy balance, only to find it completely drained. This nightmare scenario has become a reality for victims of a sophisticated scam targeting cryptocurrency traders on Reddit. Hackers are distributing malware disguised as free versions of […]
Read Full Article
Russian Civic Chamber Proposes Special Fund for Confiscated Cryptocurrency The Russian Civic Chamber has proposed a special fund to manage confiscated cryptocurrency, aiming to channel proceeds into social initiatives. Proposal for special fund for confiscated crypto Proceeds to fund social, environmental, and educational projects Supported by Yevgeny Masharov of the Public Chamber The Russian Civic […]
Read Full Article
Infini Labs $50m Heist: A Textbook Insider Attack Exposed When former lead smart contracts engineer Chen Shanxuann allegedly siphoned off $49.5 million in USDC from Infini Labs, it wasn’t just a heist—it was a stark reminder of the vulnerabilities within decentralized finance (DeFi). The ensuing lawsuit filed in Hong Kong against Chen paints a picture […]
Read Full Article
Gemini Takes the Reins as Custodian for Evolve ETFs’ New Leveraged Crypto ETFs Imagine you’re a retail investor looking to dip your toes into the world of cryptocurrencies without diving headfirst into the wild west of crypto trading. Enter Evolve ETFs’ new leveraged Bitcoin and Ethereum ETFs, LBIT and LETH, which started trading on the […]
Read Full Article
Lazarus Group Shifts $3.76M in Bitcoin, Signals Laundering Efforts The Lazarus Group, a notorious North Korean hacking outfit, has moved approximately $3.76 million in Bitcoin to five unknown wallet addresses. This action follows their recent hack on the Bybit cryptocurrency exchange, which resulted in a staggering $1.4 billion loss. Lazarus Group transferred 44.07 BTC to […]
Read Full Article
Dubai’s Real Estate Revolution: Launching the Tokenization Pilot Dubai has kicked off the pilot phase of its Real Estate Tokenization Project, a bold move to transform the real estate sector using blockchain technology. Led by the Dubai Land Department (DLD), this initiative aims to tokenize property title deeds, boosting liquidity and enabling fractional ownership. This […]
Read Full Article
Cathie Wood Warns Millions of Memecoins Will End Up Worthless Cathie Wood, CEO of ARK Invest, has issued a stern warning to investors about the risks of memecoins, predicting that millions will become worthless. The SEC’s classification of memecoins as non-securities places the onus on investors to be cautious, while major cryptocurrencies like Bitcoin, Ethereum, […]
Read Full Article
Gotbit Founder Aleksey Andryunin’s $23M Crypto Settlement with US Authorities Aleksey Andryunin, the founder of Gotbit, has reached a significant settlement with US authorities, forfeiting $23 million in cryptocurrency assets. This move avoids potential imprisonment and fines, shedding light on the challenges of market manipulation and its impact on retail traders within the crypto ecosystem. […]
Read Full Article