Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Crypto.com Donates $1 Million to Support LA Wildfire Relief Efforts Crypto.com has stepped up to support the Los Angeles community by donating $1 million to aid wildfire relief efforts. This significant contribution will help equip firefighters and first responders, demonstrating the crypto industry’s commitment to real-world impact. Crypto.com donates $1 million for LA wildfire relief […]
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PostFinance Launches Ethereum Staking: A New Era for Swiss Banking and Crypto Services PostFinance, a state-owned Swiss bank, has made a bold move into the cryptocurrency space by introducing Ethereum staking services, becoming the first systematically important bank in Switzerland to do so. This development not only underscores the bank’s commitment to digital assets but […]
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Tether’s USDT0 Launches on Kraken’s Ink, Revolutionizing Cross-Chain Transfers Tether has launched USDT0, a new cross-chain stablecoin, on Kraken’s layer 2 blockchain, Ink, marking a significant advancement in enhancing USDT’s interoperability and liquidity. Tether launches USDT0 on Kraken’s Ink on January 16 USDT0 uses LayerZero’s OFT standard Aims to improve USDT’s interoperability and liquidity Functions […]
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Google Delists Huione App Amidst Illicit Activity Reports Google has removed the Huione Guarantee app from its Play Store following allegations of criminal activities, including money laundering and the sale of stolen personal data. Despite this, the app, now rebranded as Haowang Guarantee, remains available on the Apple iOS App Store, raising questions about differing […]
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Dubai’s Ambitious Leap: The World’s First 17-Storey Crypto Tower Dubai is set to host the world’s first 17-storey Crypto Tower, a groundbreaking project aimed at becoming a global hub for blockchain, Web3, and DeFi. Located in the vibrant Jumeirah Lakes Towers (JLT), this ambitious endeavor promises to blend luxury, security, and cutting-edge technology. Dubai’s Jumeirah […]
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Argentina’s Corporate Giants Embrace Bitcoin: A Step Towards Becoming the Next El Salvador? Argentina’s leading corporations are making headlines by amassing over 1,300 BTC, signaling a bold move towards integrating cryptocurrencies into the country’s economy. This surge in corporate investment is fueled by President Javier Milei’s pro-crypto stance, raising discussions about Argentina potentially following El […]
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Block-Level Warming: A Game-Changer for Ethereum Transactions High gas fees on Ethereum can be a real headache, whether you’re a developer deploying smart contracts or a user trying to make a simple transaction. Enter block-level warming, a proposed solution that could be the key to smoother, cheaper, and faster Ethereum transactions. Proposed by Toni Wahrstätter, […]
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IRS Unveils New Crypto Transaction Reporting for 2025: What You Need to Know The IRS is set to introduce a new third-party reporting system for cryptocurrency transactions on centralized exchanges (CEXs) in 2025, utilizing Form 1099-DA. This move aims to enhance tax compliance but raises concerns about privacy and the nature of decentralized finance. 2025: […]
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Upbit Faces Potential Sanctions in South Korea Amid Regulatory Crackdown Imagine waking up to find your new crypto investments locked away for six months. This could soon be a reality for new Upbit users as South Korea ramps up its regulatory crackdown. Upbit, the largest cryptocurrency exchange in South Korea, is under scrutiny for potential […]
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SEC Settles with Abra for $1.65M Over Unregistered Crypto Lending Product – SEC charges Abra with operating unregistered crypto lending product. – Abra agrees to $1.65M settlement and permanent injunction. – Regulatory actions signal increased scrutiny in crypto lending space. The Securities and Exchange Commission (SEC) has taken decisive action against Abra, a cryptocurrency lending […]
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