Adbytes Insights

Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.

THORChain Hit by Suspected $10M+ Cross-Chain Exploit as RUNE Drops 14%

THORChain Hit by Suspected $10M+ Cross-Chain Exploit as RUNE Drops 14%

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THORChain appears to have been hit by a multi-chain exploit topping $10 million, and the lack of an immediate public response has only deepened the concern. Suspicious fund movements were tracked across Bitcoin, Ethereum, BNB Chain, and Base, while RUNE took a sharp hit as traders reacted to yet another reminder that cross-chain DeFi is […]

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Strategy’s STRC Hits $2B Weekly High as Michael Saylor Accelerates Bitcoin Buying

Strategy’s STRC Hits $2B Weekly High as Michael Saylor Accelerates Bitcoin Buying

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Strategy is back to doing what Strategy does best: turning corporate capital into Bitcoin at scale. Fresh inflows into STRC reportedly hit a $2 billion weekly high, giving Michael Saylor’s Bitcoin machine more fuel to keep stacking BTC and tightening the company’s already extreme bet on sound money. STRC inflows hit a $2B weekly high […]

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Bitcoin Faces $79K-$85K Bullish Trap Warning as ETF Outflows and Liquidations Mount

Bitcoin Faces $79K-$85K Bullish Trap Warning as ETF Outflows and Liquidations Mount

Daily Feed

Bitcoin looks like it may have squeezed out a few late buyers before rolling over, with one trader warning that the $79,000–$85,000 area could mark the start of a deeper drop. “Bullish trap” warning around $79K–$85K Hot CPI and PPI, rising yields, and ETF outflows are pressuring risk assets $581 million liquidated in 24 hours, […]

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Strategy to Buy Back $1.5B Debt, May Tap Bitcoin for Funding

Strategy to Buy Back $1.5B Debt, May Tap Bitcoin for Funding

Daily Feed

Strategy’s $1.5 Billion Debt Buyback Tests the Limits of Its “Never Sell Bitcoin” Playbook Strategy, the Bitcoin treasury company formerly known as MicroStrategy, plans to repurchase $1.5 billion of its 2029 convertible notes, with funding that could come from cash, stock sales, and possibly Bitcoin sales. That last part is the real eyebrow-raiser: the firm […]

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Bitcoin Lightning and Kenya’s M-Pesa Could Bridge Crypto Payments and Mobile Money

Bitcoin Lightning and Kenya’s M-Pesa Could Bridge Crypto Payments and Mobile Money

Daily Feed

Bitcoin’s Lightning Network is reportedly linking up with Kenya’s M-Pesa mobile money system, a move that could bring fast, cheap Bitcoin payments closer to everyday use in one of Africa’s most important financial markets. Bitcoin Lightning Network meets M-Pesa Potential bridge between Bitcoin and mobile money Could improve remittances, merchant payments, and everyday spending Big […]

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Intesa Sanpaolo Tops $200M in Bitcoin ETF Exposure as TradFi Embraces BTC

Intesa Sanpaolo Tops $200M in Bitcoin ETF Exposure as TradFi Embraces BTC

Daily Feed

Italy’s largest bank has pushed its crypto exposure past $200 million, with Bitcoin ETFs leading the charge. Intesa Sanpaolo’s move is another blunt reminder that Bitcoin is no longer being treated like a basement hobby for internet weirdos and hardware-wallet obsessives. Intesa Sanpaolo now has more than $200 million in crypto exposure The bank has […]

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