Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Tezos Etherlink L2 Booms with 184% Surge in Contract Deployments: Messari Q4 2024 Report Tezos’s Etherlink Layer 2 solution has seen a staggering 184% increase in contract deployments during Q4 2024, highlighting the platform’s growing appeal among developers. This surge, combined with Tezos’s recent Quebec upgrade and upcoming JavaScript Rollup initiative, signals a dynamic period […]
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Former Helius Engineer Accuses Founder of Toxic Behavior and Intellectual Property Theft Miles Smith, a former lead infrastructure engineer at Helius, has publicly accused the company’s founder, Mert Mumtaz, of unethical behavior, including intellectual property theft, workplace toxicity, and career sabotage, following his departure in 2023. Miles Smith accuses Mert Mumtaz of unethical behavior. Claims […]
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Financial Institutions Must Step Up to Protect Investors from Crypto Scams In 2023, Americans lost a staggering $5.6 billion to cryptocurrency scams, marking a 45% increase from the previous year. The decentralized nature of cryptocurrencies, meaning they are not controlled by a single entity, has exacerbated the problem, making them a prime target for fraudsters. […]
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Strike CEO Jack Mallers Predicts Bitcoin Surge to $100,000 by 2025, Warns of Short-Term Volatility Jack Mallers, CEO of Strike, maintains a bullish stance on Bitcoin, forecasting a rise to $100,000 by 2025 but cautions about short-term volatility due to political uncertainty in the US. Bitcoin predicted to reach $100,000 by 2025. Short-term volatility expected […]
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Aave’s $63M Leap to Sonic: A Bold Move in DeFi Expansion Aave, a powerhouse in the DeFi arena, is set to make waves with a monumental $63 million expansion to the Sonic blockchain. This move promises to bring faster transactions and a unique fee-sharing model to Aave’s V3 protocol, marking a significant step in the […]
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Solo Miner’s Triumph: A Community Effort Fuels Bitcoin Decentralization On January 30, 2025, a solo miner’s success in solving a Bitcoin block and earning 3.146 BTC captured the attention of the crypto world. This event, facilitated by over 300 miners donating their hashrate during a 10-hour fundraising event organized by the 256 Foundation, underscores the […]
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USDT Expands to Bitcoin’s Lightning Network, Aiming for Faster and Cheaper Transactions USDT’s integration with Bitcoin’s Lightning Network, utilizing the innovative Taproot Assets protocol, marks a significant step towards faster and cheaper transactions. Announced at the Plan ₿ Forum in El Salvador, this move could revolutionize how Bitcoin is used daily. Tether’s USDT now on […]
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The Federal Reserve’s Century: From Economic Control to Bitcoin’s Challenge The Federal Reserve’s century-long journey has significantly shaped the global financial landscape, yet it faces increasing scrutiny over economic disparities and its role in crises. Bitcoin emerges as a beacon of hope, offering a decentralized alternative to traditional central banking, sparking discussions about the future […]
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Illinois and Indiana Lead U.S. States in Embracing Bitcoin: A New Era for State Financial Systems Illinois and Indiana are pioneering the integration of Bitcoin into state financial systems, potentially setting a precedent for widespread adoption across the U.S. Illinois introduces Strategic Bitcoin Reserve Act Indiana explores blockchain and Bitcoin ETFs for retirement funds Other […]
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Bots Dominate 70% of Stablecoin Transactions in 2024, Reshaping the Crypto Market In 2024, automated trading bots drove 70% of stablecoin transactions, significantly influencing the market. USDC emerged as the leader in bot-driven transactions, while Coinbase’s Base network overtook Ethereum in transaction volume during the fourth quarter. 70% of stablecoin volume driven by bots USDC […]
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