Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Bitwise CIO Warns: Congress May Fumble Crypto Regulation at Final Stretch Matt Hougan, the Chief Investment Officer at Bitwise, has raised the alarm on a potential tumultuous summer for the cryptocurrency industry if Congress fails to pass crucial regulations. Despite recent supportive measures from the Trump administration, Hougan insists that legislative action is essential to […]
Read Full Article
Zerebro Founder Jeffy Yu’s Alleged Suicide Sparks Controversy and Market Volatility Unconfirmed reports suggest that Jeffy Yu, the founder of the small-cap cryptocurrency project Zerebro, may have committed suicide on a livestream on May 4, 2025. On the same day, Yu introduced the concept of “Legacoins,” a new type of memecoin designed to create a […]
Read Full Article
Kevin O’Leary Slams U.S. Bitcoin Reserve Push: It Will Never Happen Kevin O’Leary, known for his no-nonsense approach on Shark Tank, has dismissed the idea of a U.S. Strategic Bitcoin Reserve as a “pipe dream” driven by self-interest. Despite support from Bitcoin enthusiasts like Michael Saylor and Anthony Scaramucci, O’Leary remains skeptical about the feasibility […]
Read Full Article
Figment Seeks to Expand through Acquisitions: Aiming for $100M to $200M Deals Canadian crypto staking giant Figment is making waves with its ambitious plan to acquire smaller firms, setting its sights on deals valued between $100 million and $200 million. Crypto staking, the process of holding and locking up cryptocurrencies in a wallet to support […]
Read Full Article
IRS Crypto Unit Appoints Trish Turner Amid Policy Shifts and Leadership Changes The Internal Revenue Service’s crypto unit has undergone a significant leadership transformation with Trish Turner, a seasoned IRS official, taking the helm. This shift follows the exit of Sulolit “Raj” Mukherjee and Seth Wilks, two key figures from the private sector instrumental in […]
Read Full Article
Celsius Founder Mashinsky’s Defense Slams DOJ’s 20-Year Sentence Request as “Death-in-Prison” The legal battle surrounding Alex Mashinsky, the former CEO of Celsius Network, has intensified with his defense team strongly opposing the U.S. Department of Justice’s request for a 20-year prison sentence, labeling it a “death-in-prison sentence” for a non-violent, first-time offender. U.S. prosecutors seek […]
Read Full Article
Samourai Wallet Co-Founders Accuse US Authorities of Concealing Legal Advice Samourai Wallet’s co-founders, Keonne Rodriguez and William Hill, have leveled serious accusations against US federal prosecutors, alleging the concealment of a crucial legal opinion for over a year. This opinion from the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) reportedly stated that Samourai Wallet, a […]
Read Full Article
The Future of AI: Why Blockchain Integration is Essential for Trust and Security In January 2025, DeepSeek’s R1 became the most downloaded free app on the US Apple App Store, surpassing even ChatGPT. This milestone not only showcases the growing appeal of open-source AI models but also underscores their potential to disrupt the tech landscape. […]
Read Full Article
The EU’s Quest for Financial Sovereignty: Can BSV Power the Digital Euro? The European Union’s drive for financial independence from the United States and China is reaching a critical point, with the digital euro poised to be a key tool in this endeavor. As privacy concerns loom large, could a scalable public blockchain like BSV […]
Read Full Article
Riot Platforms Sells 475 BTC in April: Largest Single-Month Liquidation in Bitcoin Mining History Is selling Bitcoin the new normal for miners? Riot Platforms, a titan in the Bitcoin mining industry, made waves by selling 475 BTC in April, marking the company’s largest single-month liquidation to date. This bold move was driven by strategic financial […]
Read Full Article