Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
OX.FUN Faces Allegations of Extortion Amid Liquidity Concerns OX.FUN, a cryptocurrency exchange, is under scrutiny after allegations of extortion emerged from JefeDAO, an artist collective. The exchange denies these claims, citing market manipulation by JefeDAO, while liquidity fears mount amidst connections to controversial figures. OX.FUN accused of extortion by JefeDAO Exchange denies claims, cites market […]
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Dubai Officially Approves Circle’s USDC and EURC Stablecoins Circle’s stablecoins, USDC and EURC, have been given the green light by the Dubai Financial Services Authority (DFSA), marking a significant milestone in the regulation of digital assets within the Dubai International Financial Centre (DIFC). USDC and EURC approved by DFSA under DIFC’s crypto token regime 6,000+ […]
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Kansas Town Devastated by $47.1 Million Crypto Scam Led by Former Bank CEO In Elkhart, Kansas, a $47.1 million cryptocurrency scam led by former Heartland Tri-State Bank (HTSB) CEO Shan Hanes has left a trail of financial devastation. Hanes, caught in a pig butchering scheme—a type of fraud where scammers build trust with victims before […]
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Saylor’s Ambitious $81T Bitcoin Plan: Tackling the U.S. Debt Crisis Michael Saylor, the outspoken Bitcoin advocate, has proposed a bold $81 trillion Bitcoin reserve plan to the SEC’s Crypto Task Force, aiming to help the U.S. Treasury address the national debt, which currently stands at $36.2 trillion. Saylor proposes Bitcoin reserve plan to SEC Plan […]
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Citadel Securities Enters Crypto Market with Trump’s Pro-Crypto Policies Citadel Securities, under the guidance of Ken Griffin, is making a strategic move into the cryptocurrency market, inspired by Donald Trump’s pro-crypto policies. Starting with operations outside the U.S., Citadel aims to become a liquidity provider on major platforms like Coinbase, Binance, and Crypto.com. Citadel Securities […]
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How Off-Chain and On-Chain Data can Secure Digital Identity In the digital age, managing identity securely and privately is more crucial than ever. The fusion of blockchain technology and AI-driven solutions is revolutionizing digital identity, promising enhanced security, privacy, and user autonomy. This article explores how on-chain and off-chain data integration, spearheaded by innovators like […]
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Infini Exploited for $49M in Stablecoin Heist: A Closer Look at the Breach and Its Implications On February 24, Infini, a digital-only neobank specializing in stablecoin transactions, fell victim to a $49 million exploit orchestrated by an ex-developer who retained administrative privileges. This incident adds to the growing list of high-profile breaches plaguing the cryptocurrency […]
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Pectra Upgrade Faces Challenges on Holesky, Sepolia Testing Next Ethereum’s developers initiated testing of the Pectra upgrade on the Holesky testnet, but encountered a significant setback due to a misconfiguration in execution clients, leading to a chain split and network degradation. Despite this, the team is preparing for the next phase of testing on the […]
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Nasdaq’s Bold Move: Filing for HBAR ETF Amid Crypto ETF Surge Nasdaq’s filing for a Hedera Hashgraph (HBAR) ETF marks a pivotal moment in the crypto ETF landscape, signaling a step towards mainstream adoption of alternative cryptocurrencies. Nasdaq filed for HBAR ETF Part of broader SEC crypto ETF trend Enhances crypto legitimacy and accessibility Faces […]
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Can a Hacked Celebrity Tweet Lead to a Crypto Scam? Tanmay Bhat’s Twitter Hack Shows Us How Indian comedian Tanmay Bhat’s Twitter account was compromised, leading to a fake announcement of a new memecoin called “Tanmeme” on the Solana blockchain. Tanmay swiftly debunked the news on Instagram, warning his followers about the compromised account. This […]
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