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Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.

Unciphered Crisis: Co-Founder’s Allegations Trigger Leadership Shake-Up and Trust Issues

Unciphered Crisis: Co-Founder’s Allegations Trigger Leadership Shake-Up and Trust Issues

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Crypto Recovery Firm Unciphered in Crisis: Co-Founder’s Past Sparks Turmoil Unciphered, a leader in the crypto recovery industry, faces a significant crisis following the resurfacing of sexual assault allegations against co-founder Morgan Marquis-Boire. This scandal has led to major leadership changes and threatens the company’s reputation and future. Sexual assault allegations against co-founder Morgan Marquis-Boire. […]

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UK Court Rejects Howells’ Plea to Dig for $800M Bitcoin in Landfill

UK Court Rejects Howells’ Plea to Dig for $800M Bitcoin in Landfill

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UK Court Denies James Howells’ Bid to Search Landfill for Lost Bitcoin Amid Ongoing Legal Challenges James Howells’ quest to recover 8,000 bitcoins, lost in a Newport landfill in 2013, has been thwarted once again as the UK Court of Appeal denies his latest bid. The legal battle with Newport City Council continues, with environmental […]

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Crypto Influencer T.J. Stone Jailed for 45 Months After $2M Fraud Scheme

Crypto Influencer T.J. Stone Jailed for 45 Months After $2M Fraud Scheme

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Crypto Influencer T.J. Stone Sentenced to 45 Months for Fraud Thomas John Sfraga, known as T.J. Stone in the crypto community, has been sentenced to 45 months in prison for wire fraud, after defrauding over $2 million from investors through schemes spanning from 2016 to 2022. T.J. Stone sentenced to 45 months for wire fraud. […]

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Senate Advances GENIUS Act to Regulate Stablecoins Amid Warren’s Opposition

Senate Advances GENIUS Act to Regulate Stablecoins Amid Warren’s Opposition

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Senate Fast-Tracks Stablecoin Legislation Despite Opposition From Elizabeth Warren The U.S. Senate Banking Committee has advanced the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act) with a strong 18-6 vote, signaling a major push towards regulating stablecoins and potentially revolutionizing global transactions. Spearheaded by Senator Bill Hagerty, the bill aims to create […]

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David Sacks Sells $200M in Crypto Before Joining Trump as AI and Crypto Czar

David Sacks Sells $200M in Crypto Before Joining Trump as AI and Crypto Czar

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David Sacks Dumps $200M in Crypto Before Joining Trump’s Administration David Sacks, the newly appointed AI and crypto czar in the Trump administration, sold over $200 million in cryptocurrency assets before taking his new role. This move, highlighted in a White House memo, stands in direct contrast to other administration members like Donald Trump and […]

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John Khuu Gets 7+ Years for Bitcoin Laundering: Dark Web Drug Sales

John Khuu Gets 7+ Years for Bitcoin Laundering: Dark Web Drug Sales

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John Khuu Sentenced to Over 7 Years for Bitcoin Money Laundering Scheme in California John Khuu sentenced for crypto money laundering. Pleaded guilty to conspiracy, money laundering, and unlicensed money transfer. Used Bitcoin to sell fake medications and MDMA on dark web. In the shadowy corners of the digital world, a California man named John […]

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RedotPay Raises $40M to Boost Crypto Payments, Eyes Global Expansion

RedotPay Raises $40M to Boost Crypto Payments, Eyes Global Expansion

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RedotPay Secures $40 Million to Propel Crypto Payments Forward RedotPay has raised $40 million in a Series A funding round led by Lightspeed, aiming to accelerate the adoption of crypto payments globally. This significant investment, supported by HSG, Galaxy Ventures, DST Global Partners, Accel, and Vertex Ventures, solidifies RedotPay’s position in the crypto payment space. […]

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U.S. Crypto Strategic Reserve Signals Prime Bitcoin Investment Window

U.S. Crypto Strategic Reserve Signals Prime Bitcoin Investment Window

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Is Now the Best Crypto Investment Opportunity? The crypto landscape is at a pivotal moment, with recent developments suggesting a prime window for investment in digital assets, particularly Bitcoin. From governmental recognition to price fluctuations and institutional interest, the pieces are aligning for potential investors. U.S. Crypto Strategic Reserve Bitcoin price dip and rebound Increasing […]

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MGM Resorts Settles $45M for Data Breaches Affecting 37M Guests

MGM Resorts Settles $45M for Data Breaches Affecting 37M Guests

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Hotel Giant Agrees to $45 Million Payout After Data Breaches Impact Millions MGM Resorts International has agreed to a $45 million settlement to compensate millions of customers affected by two major data breaches in 2019 and 2023. These breaches not only compromised the personal information of approximately 37 million individuals but also caused operational chaos […]

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ZKsync Cancels Ignite Program, Shifts Focus to Elastic Network Amid Bear Market

ZKsync Cancels Ignite Program, Shifts Focus to Elastic Network Amid Bear Market

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ZKsync Sunsets Ignite Liquidity Program Amid Bearish Market Amidst a challenging crypto market, ZKsync has decided to sunset its Ignite liquidity incentive program, marking a strategic shift towards sustainability and the development of the Elastic Network. Ignite program cancellation Last rewards distribution on March 17, 2025 Shift towards Elastic Network Slight token price increase ZKsync, […]

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