Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
President-Elect Trump Launches Fifth NFT Collection on Bitcoin President-Elect Donald Trump has just unleashed his fifth NFT collection, diving headfirst into the Bitcoin blockchain using the Ordinals protocol. This move not only caters to his loyal collectors but also shakes up the crypto world in ways we can’t ignore. 119 NFTs on Bitcoin using Ordinals […]
Read Full Article
24-Year-Old Dutch “Crypto Genius” Arrested for Alleged $4.6 Million Scam A 24-year-old Dutch man, previously hailed as a “crypto genius,” has been arrested for allegedly defrauding 300 investors out of millions. This law student and professional soccer player from Hengelo, Netherlands, lost between €1.5 million and €4.5 million ($1.6 million to $4.6 million) through risky […]
Read Full Article
Exodus Goes Public on NYSE: A New Era for Crypto Wallets Exodus, a trailblazing player in the crypto wallet space, has etched its name in history by going public on the New York Stock Exchange (NYSE) on January 8, 2025. This bold move not only underscores the growing embrace of crypto within traditional financial circles […]
Read Full Article
Virtuals Protocol Discord Server Hacked: A Closer Look at Crypto Security Challenges The Virtuals Protocol, an AI-driven platform, recently experienced a significant security breach when its Discord server was compromised. The hack, which stemmed from a moderator’s private key being compromised, led to the spread of phishing links on Google Search. This incident comes shortly […]
Read Full Article
Toronto Man Loses $100,000 Inheritance to Crypto Phishing Scam A Toronto man fell victim to a sophisticated phishing scam, losing his entire $100,000 inheritance in 2023. The scam tricked him into entering his credentials on a fake website that mimicked the Kraken crypto exchange, leading to a devastating financial loss that has impacted his family’s […]
Read Full Article
Orange Finance Hacked: $840,000 Stolen from Arbitrum Liquidity Project Orange Finance, a liquidity management project on the Arbitrum blockchain, suffered a major hack resulting in the loss of at least $840,000. The hackers exploited the project’s admin address to manipulate smart contracts and siphon funds, sparking urgent calls for improved security measures across the DeFi […]
Read Full Article
Fed Calls Bitcoin Reserve Plan “Dumbest Idea Ever,” Yet Political Support Grows Last week, in a Federal Reserve boardroom, the notion of a US Strategic Bitcoin Reserve was met with sharp criticism, with officials branding it “the dumbest idea” they’ve ever heard. However, political momentum behind the idea continues to build, with figures like
Read Full Article
Movement Labs Nears $100M Series B Funding, Eyes $3B Valuation San Francisco-based Movement Labs is on the verge of securing a $100 million Series B funding round, aiming for a lofty $3 billion valuation. Led by CoinFund and co-led by Nova Fund, this round highlights the increasing investor interest in blockchain solutions that enhance digital […]
Read Full Article
Revolut Joins Pyth Network: A Leap Towards Bridging Traditional Finance and DeFi Can a digital banking giant like Revolut revolutionize the world of decentralized finance? Revolut, the U.K.’s leading digital banking platform, has boldly stepped into the DeFi arena by joining the Pyth Network as a data publisher, marking a pivotal moment in the convergence […]
Read Full Article
Hive Digital’s Texas Move and BitFuFu’s Big Buy: Navigating the New Crypto Landscape Hive Digital, a Bitcoin mining company, has shifted its operations from Vancouver, Canada, to San Antonio, Texas, betting on the incoming Trump administration’s pro-crypto policies and the robust U.S. capital markets. Meanwhile, Singapore-based BitFuFu secures a massive deal with Bitmain, signaling aggressive […]
Read Full Article