Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Was Jed McCaleb’s Departure from Ripple a Breakup or a Strategic Masterstroke? When Jed McCaleb left Ripple in 2014, many speculated it was due to a falling out. However, a closer look reveals that his move to launch Stellar might have been a calculated strategy to complement Ripple’s focus on institutional finance. Jed McCaleb’s strategic […]
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North Korean Hackers Target Crypto Developers with US Shell Companies North Korean hackers from the Lazarus Group have ingeniously penetrated the cryptocurrency industry by setting up shell companies in the U.S., using deceptive job offers to ensnare unsuspecting developers with malware. This bold move not only violates U.S. sanctions but also exposes the darker side […]
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Tether’s Bold Leap Beyond USDT: Building for the Apocalypse Tether, the powerhouse behind the USDT stablecoin, is making strategic moves to diversify its portfolio, aiming to fortify its position in the crypto ecosystem. From Bitcoin mining to artificial intelligence, Tether’s CEO Paolo Ardoino is steering the company towards a future that’s not just about stablecoins […]
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Nike Faces $5 Million Lawsuit Over RTFKT NFT Shutdown Nike is embroiled in a $5 million class action lawsuit filed by NFT buyers who allege significant financial losses following the unexpected closure of Nike’s RTFKT digital asset division in December 2024. The plaintiffs, led by Jagdeep Cheema, claim the shutdown caused a sharp drop in […]
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Trump-Backed World Liberty Financial Partners with Pakistan to Propel Blockchain and Crypto Growth World Liberty Financial (WLF), a cryptocurrency project with backing from the Trump family, has partnered with the Pakistan Crypto Council (PCC) to drive blockchain, stablecoin, and DeFi growth in Pakistan. This move comes as Pakistan stands on the brink of full crypto […]
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Coinbase Battles State Lawsuits Over Staking Program, Claims $90 Million Lost in Rewards Coinbase, the leading cryptocurrency exchange, is pushing back against ongoing lawsuits targeting its staking program, asserting that these legal battles are costing consumers dearly. The company estimates that residents in four states have lost over $90 million in potential staking rewards due […]
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Empowering Seniors in Crypto: Addressing Barriers for Bitcoin Inclusion More seniors than ever are showing interest in Bitcoin, yet they face unique challenges that keep them from fully embracing the crypto revolution. Here’s how we can bridge the gap and empower our older community members. Seniors face barriers like tech unfamiliarity and skepticism. Education and […]
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U.S. Federal Reserve Eases Crypto Regulations for Banks The U.S. Federal Reserve announced on April 24 a major policy shift, eliminating the requirement for banks to notify them before engaging in cryptocurrency-related activities. This move aligns with President Donald Trump’s campaign promise to foster a more crypto-friendly environment in the U.S., marking a significant step […]
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Semler Scientific Boosts Bitcoin Holdings to Over 3,300 BTC, Reflecting Strategic Shift and Broader Trends Healthcare tech firm Semler Scientific has ramped up its Bitcoin strategy, purchasing an additional $10 million worth of the cryptocurrency, bringing its total to over 3,300 BTC. This move not only underscores the company’s strategic pivot towards digital assets but […]
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SNB Dismisses Bitcoin Reserves Amidst Calls for Change The Swiss National Bank (SNB) has firmly rejected the inclusion of Bitcoin in its reserves, with President Martin Schlegel emphasizing the cryptocurrency’s volatility and unstable liquidity as key concerns. Despite advocacy from the Bitcoin Initiative and a growing referendum campaign, the SNB maintains its conservative stance on […]
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