Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Pro-Crypto Lawyer John Deaton Volunteers to Lead Federal Probe into Operation Choke Point 2.0 Pro-crypto lawyer John Deaton has stepped forward to head a federal investigation into Operation Choke Point 2.0, a move aimed at exposing possible government overreach against the cryptocurrency industry under a potential Trump administration. The focus will be on multiagency coordination […]
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OCBC Launches Tokenized Bonds: A New Era for Finance in Singapore OCBC, a leading bank in Singapore, has rolled out tokenized bonds aimed at corporate accredited investors, marking a significant step forward in the use of blockchain technology in finance. Tokenized bonds launched for corporate investors Enables fractional ownership at S$1,000 Singapore’s crypto licenses surge […]
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Stablecoins Surge as the New Frontier for Cross-Border Remittances In 2024, the financial landscape saw a significant shift as traditional remittance apps experienced a decline in usage, while stablecoins reached unprecedented heights, revolutionizing the cross-border payment sector. This transition, driven by the efficiency and lower costs of stablecoins, marks a pivotal moment in the quest […]
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CFTC Chair Rostin Behnam Resigns, Calls for Stronger Crypto Regulation Rostin Behnam, the chair of the U.S. Commodity Futures Trading Commission (CFTC), announced his resignation effective January 20, 2024, marking the end of a tenure focused on enhancing regulatory oversight in the cryptocurrency sector. Rostin Behnam resigns as CFTC chair on January 20. CFTC secures […]
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Ethereum Gas Fees in 2024: Navigating the Surge and Seeking Solutions In early 2024, Ethereum gas fees surged to unprecedented levels, peaking at an average of 70 gwei on February 9, with some transactions reaching a staggering 377 gwei. This significant increase, driven by various factors including the growth of DeFi, the popularity of the […]
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HashKey Group’s VASP License in Ireland: A Step Toward EU Crypto Compliance and Expansion HashKey Group, a leader in the cryptocurrency and Web3 ecosystem, has obtained a Virtual Asset Service Provider (VASP) license from the Central Bank of Ireland, marking a significant step in its global expansion strategy. This license, compliant with the EU’s Fifth […]
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Backpack Exchange Acquires FTX EU, Launches Regulated Crypto Trading Across Europe Backpack Exchange has taken a bold leap into the European market with the acquisition of FTX EU, the former European arm of the now-defunct FTX. This move, greenlit by the FTX bankruptcy court and the Cyprus Securities and Exchange Commission (CySEC), positions Backpack to […]
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Bitcoin Miners Raise Billions to Combat Rising Energy Costs Amidst 2024 Halving US Bitcoin miners, including Mara Holdings, Riot Platforms, and CleanSpark, have secured over $3.7 billion through special loans that can be turned into shares. This financial move aims to buffer against the escalating energy costs and maintain profitability following the 2024 Bitcoin Halving. […]
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Czech Central Bank Considers Bitcoin for Reserves Amid Global Trend The Czech National Bank (CNB) is weighing the option of adding Bitcoin to its currency reserves, signaling a shift in traditional financial strategies. This consideration aligns with a broader global trend where countries are exploring digital assets as part of their financial portfolios. CNB considers […]
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Unveiling the Analytics Tool on EIPsInsight: Revolutionizing GitHub Management In the bustling world of blockchain and cryptocurrency development, managing GitHub repositories can be a daunting task. EIPsInsight’s new Analytics Tool aims to streamline this process, offering developers, project managers, and researchers a powerful solution to track Pull Requests (PRs) and Issues effectively. Automates tracking of […]
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