Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Wemix Foundation’s $6.2 Million Bridge Hack: A Test of Transparency and Security In a shocking turn of events, the Wemix Foundation, the powerhouse behind the WEMIX blockchain gaming platform, was hit with a $6.2 million hack on February 28. The delay in disclosing this breach by four days not only stirred controversy but also ignited […]
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Malaysia Warns of Rising Crypto Scams Targeting Seniors Malaysian seniors are increasingly falling victim to sophisticated cryptocurrency scams. The Malaysian authorities, through the Bukit Aman Commercial Crime Investigation Department (CCID), are sounding the alarm on a significant increase in fraudulent schemes exploiting the allure of cryptocurrency. Crypto scams surge in Malaysia, targeting seniors Authorities using […]
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Binance CEO Changpeng Zhao on AI Agent Tokens: Not Every AI Needs Its Own Cryptocurrency – CZ questions the need for every AI agent to have its own token. – AI agent tokens have seen a 21% market cap decline. – Bitcoin’s recent volatility impacts the broader crypto market. When Changpeng Zhao (CZ), the CEO […]
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Secret Service Cracks Down on Alleged Money Laundering Crypto Exchange Garantex Did you know that a single crypto exchange can process over $96 billion in transactions while facilitating criminal activities? The U.S. Secret Service has initiated a major operation against Garantex, a Russian crypto exchange accused of being a hub for laundering dirty money, resulting […]
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Bitfarms Acquires Stronghold Digital Mining for $110M: A Game-Changer in Bitcoin Mining and AI In a strategic move that could reshape the landscape of Bitcoin mining and AI computing, Bitfarms has completed its $110 million acquisition of Stronghold Digital Mining. This all-stock merger, the largest in the sector’s history, not only beefs up Bitfarms’ energy […]
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Ethereum Launches Hoodi Testnet to Test Pectra Upgrade and Staking Operations Ethereum’s developers have introduced the Hoodi testnet, aiming to provide a stable platform for testing the upcoming Pectra upgrade, validator exits, and staking operations. This move comes after the Holesky testnet faced significant challenges, resulting in a period of non-finality that required community efforts […]
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Brazil’s Bold Move: Partial Salary Payments in Bitcoin Now on the Table Brazil is taking a significant step towards embracing cryptocurrencies by proposing a bill that allows employees to receive a portion of their salaries in Bitcoin. Introduced by Federal Deputy Luiz Phillipe de Orleans e Bragança on March 12, 2025, this move underscores Brazil’s […]
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Crypto’s Centralized Trap: Lessons from Bybit Hack and the Need for Decentralization The Bybit hack, resulting in losses of up to $1.5 billion, serves as a stark reminder of the vulnerabilities inherent in centralized exchanges (CEXs). Despite cryptocurrency’s promise to disrupt traditional finance and offer financial freedom, the industry remains entangled in systems prone to […]
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Michael Saylor’s Strategy Acquires 130 Bitcoin at an Average Price of $82,981 – Strategy adds 130 Bitcoin to its holdings, funded by a stock sale. – Total holdings now at 499,226 BTC, over 2% of total supply. – MSTR stock rises 13% following the announcement. – Smallest acquisition on record suggests cautious approach. – Risks […]
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Bitget Wallet Bolsters MEV Protection After $215k Uniswap Attack Bitget Wallet has rolled out an upgraded MEV Protection feature, automatically enabled on major blockchains, in response to a recent $215,000 MEV bot attack on Uniswap. This move aims to shield users from malicious tactics used by MEV bots to manipulate market conditions. $215k lost in […]
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