Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Hong Kong’s Ming Shing Group Bets Big on Bitcoin with $47M Investment In a bold move that underscores the growing acceptance of cryptocurrencies by non-tech firms, Hong Kong’s Ming Shing Group, a construction company known for wet trades (construction activities involving water, such as plumbing and tiling), has invested $47 million in Bitcoin. This investment, […]
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Remixpoint Boosts Bitcoin Holdings to 333 BTC as a Hedge Against Yen Depreciation Japanese technology company Remixpoint has increased its Bitcoin holdings to nearly 333 BTC, valued at around $31.7 million as of January 14, 2025. This strategic move is a direct response to the weakening Japanese yen, aiming to protect the company’s financial assets […]
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BlackRock’s iShares Bitcoin ETF: A New Dawn for Canadian Crypto Investment Is BlackRock’s latest move a game-changer for Bitcoin in Canada? The world’s largest asset manager has just launched the iShares Bitcoin ETF (IBIT) on the Toronto Stock Exchange, providing Canadian investors with a regulated and straightforward way to dive into the world of Bitcoin […]
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NYDFS and Bank of England Launch Transatlantic Regulatory Exchange for Crypto Regulation – NYDFS and Bank of England launch TRE program – Six-month initiative starts in February – Aims to enhance global crypto regulation – Challenges and implications for Bitcoin discussed The New York Department of Financial Services (NYDFS) and the Bank of England have […]
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Sony Launches Soneium Mainnet: A New Era for Fan-Driven Web3 Experiences Sony unveiled its Soneium mainnet on January 14, 2025, ushering in a new era of direct artist-to-fan interactions through Web3 technology. Sony’s Soneium mainnet enhances artist-fan interactions with blockchain solutions. Soneium operates as a layer-2 solution on Ethereum, boosting scalability. S.BLOX simplifies crypto trading, […]
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Intesa Sanpaolo Invests $1 Million in Bitcoin: A Milestone for Italian Finance Intesa Sanpaolo, Italy’s largest banking group, has made a significant leap into the cryptocurrency arena by purchasing 11 Bitcoin worth around $1 million. This bold move marks the first time an Italian financial institution has directly invested in Bitcoin, signaling a notable shift […]
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Egypt’s Ambitious Leap into Digital Transformation and Mizuho’s Renewable Energy STO Egypt is charging ahead with an ambitious plan to lead in artificial intelligence and IT, presenting a strategic blueprint to President Abdel Fattah El-Sisi. At the same time, Japan’s Mizuho Securities is making waves in the Security Token Offering (STO) space with a focus […]
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Coinbase’s Partial Win Against SEC: A Landmark Ruling Coinbase has secured a significant victory against the U.S. Securities and Exchange Commission (SEC) at the Third Circuit Court of Appeals, a decision that could reshape crypto regulations and challenge Gary Gensler’s leadership. Coinbase wins writ of mandamus against SEC Court criticizes SEC’s denial as “vague” and […]
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MicroStrategy’s Unwavering Bitcoin Bet: 10 Weeks of Buying, Pushing Holdings to 450,000 BTC MicroStrategy, the software giant turned crypto whale, has continued its relentless Bitcoin acquisition, purchasing an additional 2,530 BTC last week at an average price of $95,972. This marks their 10th consecutive week of buying, bringing their total holdings to a staggering 450,000 […]
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South Korea’s Plan to Allow Corporate Crypto Accounts Sparks Optimism Amid Regulatory Challenges South Korea’s financial regulators are shaking things up in the crypto world with their plan to gradually allow corporate accounts for cryptocurrency exchanges. This big move, detailed in the “2025 Key Policy Plan,” aims to strike a balance between regulatory relaxation and […]
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