Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Web3 Gaming Struggles in 2025: Big Brands and Blockchain Hope Persist Web3 gaming is navigating a brutal storm in Q2 2025, with daily user activity plummeting 17%, over 300 decentralized gaming apps going dark, and funding hitting a two-year low of $73 million. Yet, amidst the wreckage, traditional gaming giants like Sega, Ubisoft, and FIFA […]
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Gone Without a Trace: Darknet Bitcoin Platform Abacus Market Vanishes in Suspected Scam Abacus Market, a heavyweight Bitcoin-powered darknet marketplace in the Western sphere, has vanished without warning in early July 2024, leaving users high and dry and stoking fears of a massive exit scam. With millions in transactions at stake, this sudden shutdown raises […]
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Hyperliquid Whale James Wynn’s Risky PEPE Gamble: Memecoin Madness Amid Crypto Market Chaos James Wynn, the crypto trader infamous for torching hundreds of millions in leveraged bets, has stormed back onto the scene with a reckless 10x leveraged long position on the memecoin PEPE via the decentralized derivatives exchange Hyperliquid. His comeback, following a cryptic […]
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Crypto Beast Denies Role in Altcoin (ALT) Rug Pull, Points Finger at Whale Snipers Altcoin (ALT), a hyped-up meme token on the Solana blockchain, suffered a catastrophic rug pull on July 14, 2025, crashing 95% in value and wiping out over $175 million in notional worth in mere minutes. As holders reel from the devastation, […]
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Champagne on Ice: America’s Crypto Week Sparks Hope and Controversy for Bitcoin and Blockchain The U.S. House of Representatives has launched into ‘Crypto Week,’ a historic series of votes on cryptocurrency legislation that could reshape the future of Bitcoin and digital assets under President Donald Trump’s pro-crypto stance. This isn’t just a political maneuver—it’s a […]
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Dolce & Gabbana USA Dodges $25 Million NFT Fraud Lawsuit, But the Drama’s Just Getting Started A federal judge in New York has thrown out a $25 million class-action lawsuit against Dolce & Gabbana USA, ruling that the U.S. subsidiary isn’t responsible for the alleged “rug pull” tied to the DG Family NFT project. While […]
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CoinDCX CEO Slams WazirX Allegations: User Funds Safe and Compliant in India A fiery clash between two of India’s leading cryptocurrency exchanges, CoinDCX and WazirX, has thrown the spotlight on user fund safety and regulatory compliance. With accusations flying and trust on the line, CoinDCX CEO Sumit Gupta has fired back at claims that user […]
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Gemini Launches 14 New Tokenized Stocks for EU Investors: Nike, Starbucks, and Bitcoin Funds Gemini, a heavyweight U.S.-based cryptocurrency exchange, has dropped a significant update for European Union investors by adding 14 new tokenized stocks to its platform, featuring household names like Nike, Starbucks, and Coca-Cola. This move ramps up their push to fuse traditional […]
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Satoshi-Era Bitcoin Whale Shifts $2.1B to Galaxy Digital: Profit-Taking or Market Maneuver? A massive tremor has hit the Bitcoin ecosystem as a Satoshi-era whale, dormant for over 14 years, awoke to transfer 17,000 BTC—valued at a staggering $2.1 billion—to Galaxy Digital. This move, tied to an early adopter from Bitcoin’s 2011 infancy, comes hot on […]
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Bybit Imposes 18% GST on Indian Traders: Crypto Tax Burden Grows Indian crypto traders are facing yet another financial chokehold as Bybit, a leading global digital asset exchange, has rolled out an 18% Goods and Services Tax (GST) on trading and transaction fees. This development, driven by India’s aggressive regulatory crackdown, marks a significant blow […]
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