Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Coinbase vs. SEC: Senator Cynthia Lummis Advocates for Clear Crypto Regulation Amid Legal Battle Senator Cynthia Lummis has taken a strong stand in support of Coinbase, criticizing the U.S. Securities and Exchange Commission (SEC) for regulatory overreach and advocating for Congressional oversight in digital asset regulation. Lummis files amicus brief supporting Coinbase Criticism of SEC’s […]
Read Full Article
Bitwise’s Dogecoin ETF Filing: A Leap Towards Mainstreaming Meme Coins Is Dogecoin, the internet’s favorite meme coin, about to go mainstream? Bitwise’s recent filing with the SEC (Securities and Exchange Commission) for a Dogecoin ETF (Exchange-Traded Fund) suggests so, sparking both excitement and caution across the crypto community. Bitwise files for a Dogecoin ETF with […]
Read Full Article
Metaplanet’s Bold $745M Bitcoin Move: Japan’s Answer to MicroStrategy Metaplanet, often referred to as the “MicroStrategy of Japan,” is making a significant leap forward with plans to raise a hefty $745 million through issuing new shares. The goal? To expand its Bitcoin holdings significantly. This move mirrors the aggressive Bitcoin accumulation strategy of MicroStrategy in […]
Read Full Article
Michael Saylor’s One Chair Tweet Sparks Bitcoin Superiority Debate With a single tweet of an AI-generated image of himself on an orange chair, captioned “One Chair,” Michael Saylor, the executive chairman of MicroStrategy, has reignited the fiery debate over Bitcoin’s dominance and its potential role in a U.S. strategic cryptocurrency reserve. Saylor’s tweet symbolizes Bitcoin’s […]
Read Full Article
Anti-crypto Sen. Warren Targets Pro-crypto Commerce Secretary Nominee Howard Lutnick Senator Elizabeth Warren has launched a pointed attack on Howard Lutnick, President Trump’s Commerce Secretary nominee, over his firm’s ties to the controversial stablecoin issuer, Tether. The senator’s concerns focus on Tether’s compliance issues and its alleged involvement in illicit activities, while Tether plans to […]
Read Full Article
South Korea’s JIU: A Permanent Force Against Crypto Crime South Korean prosecutors are set to make the Joint Investigation Unit (JIU) for Virtual Asset Crimes a permanent fixture in their fight against crypto-related crimes, transitioning from a temporary task force to a full-fledged department. JIU to become permanent crypto crime unit in South Korea Originally […]
Read Full Article
US Senate Hearing Set to Tackle Crypto Debanking: Key Witnesses and Allegations On February 5, 2025, the US Senate will confront the pressing issue of debanking, particularly within the cryptocurrency sector, during a hearing led by the Senate Banking Committee. This session will explore whether banks are cutting off accounts due to regulatory pressure or […]
Read Full Article
Arizona Advances Bitcoin Strategic Reserve Bill, Moves Closer to Adoption Arizona is pushing forward with the Strategic Bitcoin Reserve Act (SB1025), aiming to create a state-level Bitcoin reserve. This move could allow government entities and public funds to invest up to 10% of their capital in Bitcoin and other digital currencies, stirring both excitement and […]
Read Full Article
Moonbeam and Eigenlayer’s Datahaven: Revolutionizing Decentralized Storage for AI and Web3 Moonbeam and Eigenlayer have launched Datahaven, a groundbreaking decentralized storage solution tailored for AI and Web3 applications, focusing on Ethereum Layer 2 (L2) environments. This launch promises to enhance data privacy, security, and scalability, offering a versatile platform for storing AI models, training data, […]
Read Full Article
Spiko Tokenizes T-Bills on Arbitrum, iDEGEN Presale Raises $18.6M French fintech firm Spiko has launched tokenized US and EU Treasury Bill Money Market Funds on Arbitrum One, marking a significant step in integrating traditional finance with DeFi. Concurrently, iDEGEN’s presale has soared to $18.6 million, showcasing the power of AI and community engagement in the […]
Read Full Article