Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Texas Senate and House Pass Strategic Bitcoin Reserve Bill: A Step Closer to Digital Gold Texas has taken a significant leap into the world of cryptocurrencies by passing the Strategic Bitcoin Reserve Bill (SB21). With this move, Texas becomes the second state in the U.S., following New Hampshire, to establish such a reserve. The bill […]
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Feds Investigate Hailey Welch After $400M HAWK Meme Coin Crash Hailey Welch, the internet sensation known as the “Hawk Tuah Girl,” faced a federal investigation after the HAWK meme coin she was associated with plummeted over 90% from a $400 million market cap peak, leaving investors reeling and prompting a probe by the FBI and […]
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Crypto Founder Kidnapped in Uganda: $500K Forced Transfer Highlights Security Concerns – Kidnapping of Crypto Founder – Impact on Afro Token – Global Security Concerns On the evening of May 17, 2025, Festo Ivaibi, the founder of Mitroplus Labs and Afro Token, was ambushed near his home on Bunamwaya Road in Kampala, Uganda. The assailants, […]
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Ethereum’s Latest Key Upgrade Fails To Ignite Network Activity, Is Adoption Sinking? Despite high hopes, Ethereum’s latest Pectra upgrade has failed to boost network activity, raising concerns about its future adoption. This article examines whether this upgrade has truly faltered and what it means for Ethereum’s long-term growth. Pectra Upgrade’s impact on Ethereum Network activity […]
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Sangha Raises $14M to Launch Solar-Powered Bitcoin Mine in Texas Sangha Renewables has secured $14 million to establish a pioneering 19.9-megawatt Bitcoin mining facility in West Texas, set to launch in Q3 2025 and powered entirely by solar energy. Sangha raises $14M for solar-powered Bitcoin mine 19.9-megawatt facility in West Texas Launch planned for Q3 […]
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Circle Launches CPN: Revolutionizing Global Real-Time Payments with USDC Circle has launched the Circle Payments Network (CPN), a blockchain-based system designed to revolutionize the $190 trillion global payments industry with real-time USDC transactions, initially focusing on Latin America and Asia. Circle Payments Network (CPN) launched for real-time payments using USDC. Targets $190 trillion global payments […]
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Russia’s New Crypto Bill: Classifying Bitcoin as Property Russia is taking decisive action against crypto-related crime with a new bill from the Ministry of Justice. The bill classifies digital currencies like Bitcoin as property, enabling the seizure and confiscation of these assets during criminal proceedings. This move aims to disrupt the activities of criminals who […]
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SEC Uncovers $110M Crypto Scandal: Unicoin’s Asset-Backed Claims Fall Apart The U.S. Securities and Exchange Commission (SEC) has charged New York-based Unicoin and its executives with orchestrating a $110 million fraud, misleading over 5,000 investors. The case highlights the perils of false promises in the crypto world, particularly around asset-backed tokens. SEC charges Unicoin and […]
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ASIC Seeks High Court Appeal in Landmark Crypto Yield Product Case In a battle that could reshape the future of cryptocurrency in Australia, the Australian Securities and Investments Commission (ASIC) is taking Block Earner’s ‘Earner’ product to the High Court. This move has the potential to set a precedent for how digital assets are regulated, […]
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Vivek Ramaswamy’s Strive Targets Mt. Gox’s Distressed Bitcoin Claims, Eyes BTC Treasury Vivek Ramaswamy’s Strive Asset Management is set to revolutionize the financial landscape by acquiring 75,000 Bitcoins from the distressed claims of the infamous Mt. Gox exchange. This strategic move aims to build a Bitcoin treasury that could redefine corporate investment strategies. Strive aims […]
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