Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Crypto Scam Losses Surge to $9.3 Billion in 2024: FBI Reports a 66% Increase The FBI’s latest report paints a grim picture for the crypto community, revealing a 66% increase in losses to crypto scams, totaling $9.3 billion in 2024. Seniors have been hit the hardest, losing over $2.8 billion, while crypto ATMs and fake […]
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Charles Hoskinson Sparks Controversy Over Cardano’s Roadmap Completion Charles Hoskinson, the visionary behind Cardano and CEO of Input Output Global (IOG), recently set off a firestorm within the Cardano community by declaring that the project’s initial roadmap was completed by the end of 2020. This bold claim has ignited a debate about the project’s direction, […]
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US Prosecutors Seek Up to 8 Years for Mango Markets Exploiter Avi Eisenberg In a case that could redefine the future of DeFi, US prosecutors are demanding a prison sentence of up to eight years for the mastermind behind a $117 million exploit on Mango Markets, a Solana-based platform. Prosecutors demand 78 to 97 months […]
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US Targets Digital Asset Investors Using Puerto Rico as Tax Haven U.S. Representative Nydia Velázquez has introduced the ‘Fair Taxation of Digital Assets in Puerto Rico Act,’ aiming to put an end to the use of Puerto Rico as a tax haven for digital asset investors. The proposed legislation targets Act 60, which has been […]
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New Hampshire’s Bold Move: HB302 Paves the Way for State Investment in Bitcoin New Hampshire’s House Bill 302 (HB302) is on the brink of reshaping the state’s financial landscape, allowing up to 5% of public funds to be invested in Bitcoin and precious metals. Having cleared four significant legislative hurdles, the bill is now set […]
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Canary Capital’s Bold Leap: Registers Delaware Trust for Staked Sei ETF Canary Capital has taken a significant step toward launching a staked Sei ETF by registering a statutory trust in Delaware on April 23, 2025. This move follows their recent filing for a staked Tron (TRX) ETF and reflects their aggressive approach to introducing staking-enabled […]
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Reservoir Shuts Down NFT Services, Pivots to Broader Token Infrastructure In a move that shocked the crypto world, Reservoir, the backbone of NFT trading on platforms like Coinbase and MetaMask, is pulling the plug on its NFT services. This decision, announced on April 24 via an X post, marks a significant shift as Reservoir pivots […]
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Strike CEO Jack Mallers to Lead New Bitcoin Venture Backed by Tether and SoftBank In a bold move to reshape the financial landscape, Jack Mallers, the visionary behind Strike, is set to lead Twenty One, a new Bitcoin-centric venture backed by industry giants Tether and SoftBank. Jack Mallers appointed CEO of Twenty One Tether, SoftBank, […]
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Fractionalized Ownership: A Dream or a Nightmare? Imagine telling your friends you own a piece of the Eiffel Tower, all thanks to a few clicks on your computer. Fractionalized ownership, powered by blockchain technology, is turning this fantasy into a reality. But as with any revolutionary idea, it comes with its own set of challenges […]
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Metaplanet Surpasses 5,000 BTC Milestone: A Bold Step in Corporate Bitcoin Adoption Can a hotel operator become a Bitcoin giant? Metaplanet, a Japanese firm listed on the Tokyo Stock Exchange, has proven it can by surpassing the 5,000 BTC milestone. This bold move highlights the growing trend of corporate Bitcoin adoption and challenges traditional financial […]
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