Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Ripple CEO Snubbed by Lummis: XRP FUD Fuels Crypto Drama – Ripple CEO’s meeting with Sen. Lummis canceled. – Speculation of influence by Lummis’ Bitcoin maximalist son-in-law. – Ripple’s negotiations to acquire Circle amidst stablecoin legislation debate. – SEC settlement denial adds to Ripple’s legal woes. – Political tensions highlighted by Ripple’s donations. What happens […]
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Crypto Ownership in Singapore Plummets in 2024 as Investors Rebalance Portfolios Singapore’s crypto market saw a sharp decline in ownership in 2024, dropping from 40% to 29%. This significant shift, detailed in the 2025 Independent Reserve Cryptocurrency Index (IRCI), shows that half of the country’s crypto holders sold their assets. Despite the sell-off, optimism persists […]
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Michigan House Proposes Four New Bills to Boost Bitcoin and Crypto Adoption On May 21, 2025, Michigan took a leap into the digital future with the introduction of four bills designed to clarify and promote the use of Bitcoin and other digital assets. This move not only reflects the state’s commitment to embracing the potential […]
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Microsoft Strikes Back: Over 2,000 Sites Blocked in Fight Against Lumma Stealer Malware Microsoft has taken decisive action against the notorious Lumma Stealer malware, blocking over 2,300 associated websites to protect cryptocurrency users from a surging wave of cybercrime. Microsoft blocks 2,300+ Lumma-linked sites Lumma infects over 394,000 Windows devices Global crypto theft hits $51 […]
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Pakistan’s Bold Leap into Crypto: Introducing the Pakistan Digital Assets Authority (PDAA) Pakistan has taken a major step forward in embracing blockchain and cryptocurrency with the establishment of the Pakistan Digital Assets Authority (PDAA). PDAA to regulate digital assets Aims to attract global investment Engages with global crypto leaders Approved by the Ministry of Finance, […]
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White House Crypto Czar David Sacks: Stablecoin Clarity Could Trigger Trillions for U.S. Debt David Sacks, President Trump’s advisor on crypto and AI, suggests that the passage of the GENIUS Act, a bill aimed at regulating stablecoins, could lead to a significant demand for U.S. Treasuries, potentially injecting trillions into the U.S. debt market. GENIUS […]
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SafeMoon’s $8B Crypto Collapse: CEO Convicted in Massive Fraud, Faces 45-Year Sentence Braden Karony, the former CEO of SafeMoon, has been convicted of wire fraud, securities fraud, and money laundering, marking the end of a once-promising DeFi project that reached an $8 billion market cap before crashing spectacularly. – Braden Karony convicted of fraud and […]
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Billionaire Vivek Ramaswamy’s Bold Move: Acquiring 75,000 Bitcoin from Mt. Gox Billionaire Vivek Ramaswamy’s Ohio-based financial services firm Strive, in a strategic partnership with 117 Castell Advisory Group LLC, has announced plans to acquire 75,000 Bitcoin claims from the bankrupt Mt. Gox estate. This acquisition, valued at over $8.2 billion, aims to establish the first […]
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ASIC Appeals to High Court Over Block Earner Crypto Yield Product Ruling The Australian Securities and Investments Commission (ASIC) is taking its fight against fintech company Block Earner to the High Court, challenging the Full Federal Court’s ruling that Block Earner’s “Earner” product is not a financial product under Australian law. This legal battle could […]
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SEC Acknowledges BlackRock’s In-Kind Redemption Proposal for Ethereum ETF Could BlackRock’s proposed Ethereum ETF change the game for crypto investors? The U.S. Securities and Exchange Commission (SEC) has taken a significant step by acknowledging BlackRock’s proposal for in-kind redemptions in its spot Ethereum ETF, sparking optimism and signaling a potential shift in the regulatory landscape. […]
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