Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
South Korea Joins Global Choir in Rejecting Bitcoin Reserves Amid Crypto Enthusiasm On March 17, 2025, South Korea’s central bank, the Bank of Korea, announced its rejection of Bitcoin as a reserve asset, citing the cryptocurrency’s notorious volatility. Despite the country’s vibrant crypto scene, this decision aligns with global trends where other major central banks […]
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South Africa’s Bold Leap to Digital IDs: Aiming for 2029 Elections South Africa is ambitiously embarking on a digital identity transformation, with plans to issue 2.5 million digital IDs in the 2024/25 fiscal year and achieve a fully operational system by the 2029 elections. This initiative, spearheaded by Minister of Interior Leon Schreiber and the […]
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Deribit Warns of Sophisticated Job Scams Targeting Crypto Professionals Deribit, a leading crypto options exchange, has issued a critical alert about sophisticated job scams on LinkedIn targeting developers and senior professionals in the cryptocurrency industry. These scams, often the first to appear in the crypto sector, exploit the allure of high-paying jobs and use advanced […]
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Microsoft Unearths StilachiRAT: A New Threat Targeting Cryptocurrency Wallets Microsoft’s Incident Response team has uncovered a new Remote Access Trojan (RAT) named StilachiRAT, targeting cryptocurrency wallets such as Coinbase and Metamask. This sophisticated malware evades detection with advanced techniques and spreads across networks by targeting RDP servers. While this discovery is crucial for consumer protection, […]
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Cathie Wood’s Vision: Bringing Ark Invest Funds On-Chain – Ark Invest aims to tokenize ARKVX and Digital Asset Revolution Fund – Tokenization could revolutionize financial markets – Regulatory uncertainty in the U.S. remains a major challenge Cathie Wood, the visionary CEO of Ark Invest, is poised to shake up the financial world by tokenizing some […]
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Crypto.com’s $5B Token Mint Raises Insolvency Concerns Amid Community Backlash Crypto.com’s recent decision to mint an additional 70 billion CRO tokens, valued at about $5 billion, has sparked widespread concern and backlash within the cryptocurrency community. This move, reversing a previous token burn, has led to fears that the exchange might be facing insolvency. Crypto.com […]
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AiXBT Falls Victim to Hacker, Loses 55.50 ETH in Security Breach In a shocking turn of events, AiXBT, a leading AI-driven crypto market commentator, fell victim to a cunning hacker, losing 55.50 ETH, valued at approximately $104,000, in a brazen security breach on March 18. The attack, orchestrated by an individual known only as FungusMan, […]
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Russia’s Sberbank Launches Blockchain-powered Cocoa Index Token on Moscow Exchange Sberbank, Russia’s premier financial institution, has launched the Cocoa Index Token on the Moscow Exchange, a digital financial asset (DFA) linked to the global price of cocoa. This move aims to open up the international agricultural market to Russian investors and provide a hedge against […]
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Congressman Nick Begich Champions The Bitcoin Act to Acquire 1 Million BTC Congressman Nick Begich is leading a groundbreaking initiative with The Bitcoin Act, aiming to secure 1 million BTC over the next five years. This legislation seeks to establish Bitcoin as a strategic asset for the United States, garnering significant bipartisan support. Congressman Nick […]
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Coinbase’s Verified Pools: Can They Revolutionize Onchain Trading? Coinbase has launched Verified Pools, a new onchain trading system designed to enhance security, transparency, and freedom for both retail and institutional investors. Utilizing the Uniswapv4 protocol and operating on Coinbase’s Base layer-2 network, this innovative platform aims to set a new standard for onchain liquidity. Coinbase […]
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