Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
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A jury convicted Tornado Cash co-founder Roman Storm on one count, but the outcome on other charges remains unclear. Meanwhile, a future-dated Federal Register notice leaves reports that FinCEN withdrew its proposed crypto-mixing rule unverified.
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The CFTC is exploring an optional federal framework for crypto exchanges that could permit retail leverage—but the proposal’s status, scope and safeguards remain unsettled. Here’s what the plan may cover, what it leaves open and how it differs from the stalled Clarity Act vote.
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ElectrumSVP 0.2.0 marks the wallet’s first stable release, fixing a seed-storage flaw and expanding local transaction-proof handling. But cached proofs don’t remove server dependence, and a fuller SPV design, air-gapped signing and privacy tools remain unfinished.
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Grayscale says missing Bitcoin’s strongest days would have sharply reduced its reported three-year return. But the figures lack key methodological details, and this hindsight exercise shows the risk of market timing—not when to buy or sell.
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A $96.7K Bitcoin target attributed to Glassnode lacks a named on-chain indicator, source statement, or time frame. Its cited report documents a 2024 milestone—not a forecast—and on-chain activity alone doesn’t prove buying pressure or predict price.
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Rain is reportedly seeking a U.S. trust bank charter to issue stablecoins, but the filing remains unverified. Even if confirmed, a charter alone would not authorize stablecoin issuance under the GENIUS Act.
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Fairshake says it is backing 32 House incumbents—13 Democrats and 19 Republicans—with independent advertising ahead of the 2026 elections. The push comes as Congress debates stablecoin rules, market structure and crypto taxes, but support doesn’t guarantee a win or a lawmaker’s vote.
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Binance’s reported Bitcoin reserves fell by 41,700 BTC, alongside sizable weekly net outflows. But missing dates and methodology leave the scale and cause uncertain—and the figures don’t prove customers withdrew the coins.
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Rain is seeking an OCC charter for a trust bank to custody digital assets and manage or issue stablecoin reserves—not take deposits or make loans. Its application faces review as community bankers challenge the OCC’s authority to approve crypto-focused trust banks.
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