Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Coinbase Fights for Prime Trust Customers in Bankruptcy Showdown Coinbase has boldly stepped into the ring to protect Prime Trust customers’ assets amid the custodian’s bankruptcy filing, showcasing the critical need for legal safeguards in the volatile world of crypto. Coinbase files to protect customer assets in Prime Trust bankruptcy Prime Trust faces $82 million […]
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El Salvador Ends Bitcoin Legal Tender: A Closer Look at Why It Didn’t Work El Salvador’s decision to drop Bitcoin as legal tender on January 30, 2025, marks the end of a bold experiment that began in 2021. The move was influenced by the International Monetary Fund (IMF) and reflects the challenges faced in integrating […]
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Rep. French Hill’s Vision for a New Era in U.S. Crypto Regulation In a bold move to reshape the future of cryptocurrency in America, Rep. French Hill is pushing for a regulatory overhaul that promises to protect investors and spur innovation. This initiative aims to dismantle what Hill describes as the previous administration’s strict and […]
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The Genie: Arthur Hayes’ Vision for Bitcoin and U.S. Treasury Arthur Hayes, a notable figure in the cryptocurrency space, has unleashed a sharp critique on the industry’s aspirations for a Bitcoin Strategic Reserve (BSR) and comprehensive regulation in the U.S. He argues that these desires are shortsighted and potentially harmful, proposing an alternative vision where […]
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BlackRock’s Bitcoin Ambition: Launching an ETP in Europe BlackRock, the world’s largest asset manager, is set to expand its Bitcoin presence with a new Exchange-Traded Product (ETP) in Europe, following the success of its iShares Bitcoin Trust (IBIT) in the U.S. Here’s what you need to know: BlackRock to launch Bitcoin ETP in Europe Switzerland […]
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Jupiter Exchange’s X Account Hacked: Promoting Scam Tokens and Sparking Security Debate Jupiter Exchange’s official X account was hacked and used to promote scam tokens like $MEOW, leading to significant financial losses and igniting a debate on platform security. X account hacked $MEOW and $DCOIN scam tokens promoted Millions lost by traders Broader security concerns […]
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Bitcoin Block Production Glitch Raises Concerns Over Network Stability Bitcoin’s block production recently experienced an 88-minute delay, sparking a debate about the stability and efficiency of its network. Bitcoin block production delay Impact on miners and network stability Varying perspectives on delays Mining difficulty adjustments and post-halving economics On a typical day, Bitcoin’s network hums […]
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Reservoir Secures $14M to Expand NFT Marketplace Infrastructure Reservoir, a key player in the NFT space, has successfully raised $14 million in a Series A funding round led by Union Square Ventures (USV), amidst a significant downturn in the NFT market. This funding aims to enhance and expand Reservoir’s NFT trading infrastructure, which supports major […]
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Michael Saylor’s Cryptic Hint Fuels Bitcoin Speculation Michael Saylor, the executive chairman of Strategy, formerly known as MicroStrategy, has sparked intense speculation within the crypto community with a mysterious post on X hinting at a “₿ig Strategy Day.” This comes as Strategy temporarily paused its Bitcoin acquisitions, holding firm at 471,107 BTC, valued at over […]
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SEC’s Crypto Task Force Launches: Hester Peirce’s Plan for Clearer Crypto Regulation The U.S. Securities and Exchange Commission (SEC) has launched a new Crypto Task Force led by Commissioner Hester Peirce, known as “Crypto Mom,” to clarify the murky waters of digital asset regulation. SEC launches Crypto Task Force led by Hester Peirce Aim to […]
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