Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Crypto Venture Capital Funding Surges: Bitdeer and Upexi Lead the Charge This week saw a staggering $470.75 million in cryptocurrency venture capital funding, marking a significant surge in investments from April 20-26. Leading the pack, Bitdeer Technologies Group raised $179 million to fuel its blockchain and high-performance computing ventures, while Upexi secured $100 million for […]
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Peak Euphoria: Peter Schiff Asks X Followers to Donate Bitcoin In a surprising turn of events, Peter Schiff, the well-known Bitcoin critic, has asked his followers on X to donate Bitcoin to his wallet, citing the cryptocurrency’s recent market rally. This move marks a significant shift from his previous staunch opposition to Bitcoin, which he […]
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Arkansas City Halts Crypto Mining Plans Amid Public Outcry Arkansas City has hit the brakes on a proposed cryptocurrency mining operation due to fierce community resistance, spotlighting the tensions between technological innovation and community well-being. Public opposition halts crypto mining in Arkansas Noise, energy costs, and environmental concerns cited Broader trend of communities scrutinizing crypto […]
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Southeast Asia’s Criminal Syndicates Leverage Crypto for Global Fraud, UN Warns In 2023, Southeast Asia became a hub for cybercrime, losing up to $37 billion to fraud powered by cryptocurrency. The United Nations has sounded the alarm on how criminal syndicates in the region are not only using existing tech but also developing their own […]
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America’s Seniors Lost Billions in Crypto Scams; Here’s How We Can Stem the Tide In 2024, American seniors were defrauded of a staggering $4.8 billion through cybercrime, with cryptocurrency scams being the most devastating. It’s clear we need robust measures to shield our elders from these predatory tactics. American seniors lost $4.8 billion to cybercrime […]
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Saison Capital, BRI Ventures, and Coinvestasi Launch Tokenize Indonesia to Boost RWA Start-ups Saison Capital, BRI Ventures, and Coinvestasi have launched Tokenize Indonesia, an accelerator program designed to propel Real-World Asset (RWA) start-ups into the blockchain and tokenization spotlight. Announced at ONCHAIN 2025 in Bangkok, this initiative aims to capitalize on the projected US$88 billion […]
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SEC Postpones Decision on Grayscale’s Polkadot ETF to June 2025 The U.S. Securities and Exchange Commission (SEC) has extended its review of Grayscale’s proposed Polkadot ETF, setting a new decision date of June 11, 2025. This 45-day delay comes as the SEC seeks additional time to evaluate Nasdaq’s proposed rule change, which would allow listing […]
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Mercari Expands Mercoin with XRP Trading in Japan’s Growing Crypto Market Mercari, Japan’s e-commerce giant, has boosted its cryptocurrency offerings by adding XRP trading to its Mercoin exchange app. This follows the successful integration of Ethereum and Bitcoin trading, marking a significant push into the crypto space. With over 23 million monthly users, Mercari’s platform […]
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FTX Founder SBF Moves to Calmer Terminal Island Facility After Notorious Victorville Stint Sam Bankman-Fried (SBF), the founder of the failed cryptocurrency exchange FTX, has been transferred from the violent Victorville prison to the more serene Federal Correctional Institution (FCI) Terminal Island in Los Angeles. Sentenced to 25 years for financial fraud, SBF’s new environment […]
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Coinbase and PayPal Join Forces to Boost PYUSD and Explore Crypto Payment Frontiers The global stablecoin market is valued at over $238 billion, and PYUSD is poised to make a significant impact. Coinbase, a leading US-based cryptocurrency exchange, and PayPal have announced a strategic partnership aimed at enhancing the adoption and usability of PayPal’s stablecoin, […]
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