Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
MoonPay CEO Urges Congress to Preserve State Authority Over Stablecoins Amid Legislative Push In a bold move, MoonPay CEO Ivan Soto-Wright has urged Congress to maintain state-level control over stablecoins, amidst a heated legislative battle. Stablecoins are cryptocurrencies designed to have a stable value, often pegged to a fiat currency like the US dollar. MoonPay […]
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HashKey Capital Launches Asia’s First XRP Tracker Fund HashKey Capital has taken a bold stride with the launch of Asia’s first XRP Tracker Fund, offering seasoned investors a regulated pathway to engage with XRP’s potential. This development not only signifies Asia’s growing clout in the crypto arena but also bridges the gap between Web3—a decentralized […]
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Tokenized Stocks Set to Surge Past $1 Trillion Market Cap, Industry Leaders Declare At the TokenizeThis conference in New York, industry leaders projected that tokenized stocks, a type of tokenized real-world asset (RWA), are on track to exceed a market capitalization of $1 trillion in the coming years. Tokenized stocks, which represent traditional stocks converted […]
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Kyrgyzstan Launches Digital Som CBDC, Aiming to Leverage Blockchain Technology Kyrgyzstan has embarked on a significant financial transformation by introducing the “digital som,” a Central Bank Digital Currency (CBDC), which is a digital version of its national currency. On April 17, President Sadyr Zhaparov signed the legislation authorizing the National Bank of the Kyrgyz Republic […]
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Solana Developers Return to Cypherpunk Roots: Boosting Privacy and Decentralized Governance Solana developers are revisiting the cypherpunk origins of cryptocurrency, signaling a major shift toward privacy and decentralized innovation. This movement could redefine Solana’s role in the blockchain ecosystem, challenging its reputation as a venture capital-driven platform. Solana’s shift to cypherpunk ideals Privacy-preserving applications on […]
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Solana’s dApp Ecosystem Outshines Rivals with $2.8 Billion in Revenue In the fast-paced world of blockchain, Solana’s decentralized applications (dApps) have surged ahead, amassing a whopping $2.8 billion in revenue over the past year. This figure dwarfs the earnings of dApps on all other networks combined, highlighting Solana’s dominance in the space. But what fuels […]
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$1.4B in Bitcoin Sold by Chinese Authorities Amid Lack of Oversight Chinese local governments have been secretly selling off $1.4 billion in seized cryptocurrencies, primarily Bitcoin, despite the country’s strict ban on crypto trading. These sales, conducted through overseas private companies, highlight a significant gray area in regulations and raise concerns about the effectiveness of […]
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HTX Boosts Security with Fireblocks Integration, Witnesses 200% Trading Volume Surge HTX, a leading cryptocurrency exchange, has integrated Fireblocks Off-Exchange into its platform, significantly enhancing security for institutional traders and resulting in a 200% increase in trading volume. HTX integrates Fireblocks Off-Exchange 200% trading volume surge Enhanced security for institutional traders Reduces counterparty risks Aligns […]
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Crypto In The Desert: Arizona Reserve Bill Advances To 3rd Reading Arizona is making significant strides in cryptocurrency legislation with the Strategic Digital Assets Reserve Bill (SB 1373) advancing to its third reading in the House. This bill aims to establish a state-run reserve fund using digital assets seized in criminal proceedings. However, Governor Katie […]
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Kraken Dives into Forex with FX Perps Launch Kraken, a leading cryptocurrency exchange, has made a bold move into the realm of traditional finance by launching forex perpetual futures (FX perps) for the EUR/USD and GBP/USD pairs. This expansion signifies Kraken’s ambition to bridge the gap between crypto and conventional markets, offering traders new opportunities […]
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