Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Kraken’s Strategic Leap: In Talks to Acquire Deribit, Shaking Up the Crypto Options Market Kraken negotiating majority stake in Deribit Deribit’s dominance in crypto options trading Expansion into UAE and valuation of $4-5 billion Competition from Coinbase Potential impact on the crypto sector Kraken, the San Francisco-based cryptocurrency exchange, is making headlines with its ongoing […]
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Nigeria Sues Binance for $79.5 Billion Over Alleged Economic Damage and Tax Evasion Nigeria has launched a massive $79.5 billion lawsuit against Binance, the world’s largest cryptocurrency exchange, accusing it of causing significant economic damage and evading taxes. This legal action, which also seeks $2 billion in back taxes, marks a critical moment in the […]
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Crypto Exchanges Launch Stablecoins Amid Tether’s Declining Dominance Due to EU Regulations As Tether’s grip on the stablecoin market loosens due to stringent European regulations, major crypto exchanges like Kraken and Crypto.com are stepping up to fill the void with their own U.S. dollar-pegged stablecoins. Meanwhile, Coinbase and Binance are opting for strategic partnerships with […]
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Russian Crypto Aggregator BestChange Unblocked After Brief Ban, Highlighting Regulatory Tightrope On February 10th, the Russian crypto exchange data aggregator BestChange was abruptly blocked by the federal communications watchdog Roskomnadzor, only to have its website restored on February 20th. BestChange, a service known for providing users with comprehensive exchange rate data and comparison tools for […]
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Hackers Exploit Trust in PDFs to Drain Bank Accounts: A Global Threat Hackers are using text messages with malicious PDFs to drain bank accounts, targeting smartphone users in the US, Germany, and the UK. Hackers send malicious PDFs via SMS. PDFs install malware or lead to fake bank sites. Victims reported in the US, Germany, […]
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Telegram’s Hammer Drops on TG.Casino: The End or Just the Beginning for Online Gambling? Telegram’s recent ban on TG.Casino marks a significant crackdown on unregulated gambling within the platform, reflecting broader regulatory concerns. TG.Casino’s rapid growth and unique marketing strategies, including a partnership with AC Milan, were not enough to shield it from Telegram’s decisive […]
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Monero Mining Malware Hidden in Popular Game Torrents: The StaryDobry Campaign Hackers have unleashed the StaryDobry campaign, embedding Monero mining malware within torrents of popular games to exploit the computing power of gamers, particularly those with powerful processors. This insidious scheme, first detected in January 2025 but active since December 2024, targets systems with 8-core […]
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ByBit Fraudster Ho Kai Xin Sentenced to Nearly a Decade in Prison for $4 Million Crypto Heist Ho Kai Xin, a 32-year-old Singaporean woman, has been sentenced to nearly a decade behind bars for defrauding ByBit of over $4 million in digital assets through an audacious internal fraud scheme. Ho manipulated payroll to steal over […]
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Jack Dorsey: The Man Behind the Satoshi Mask? – Jack Dorsey speculated to be Satoshi Nakamoto by Matthew Sigel of VanEck – Evidence compiled by entrepreneur Sean Murray – Bitcoin community remains skeptical, valuing decentralization – Potential market stability versus risks of centralization Could the man behind Twitter also be the mastermind of Bitcoin? On […]
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Canada’s OSFI Sets New Crypto Risk Guidelines for Banks as Adoption Surges Canada’s financial watchdog, the Office of the Superintendent of Financial Institutions (OSFI), has rolled out new regulations to curb the risks associated with banks’ exposure to cryptocurrencies. These guidelines come at a time when digital asset adoption is skyrocketing across the nation. OSFI […]
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