Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
MIRA Dad Siqi Chen Apologizes and Vows to Repay Losses from Rugged Test Token ZERO Imagine investing in a token that its creator explicitly warned would go to zero. That’s exactly what happened with the ZERO token on Solana. ZERO Token launched on Solana as an experiment. Despite warnings, saw 178% increase and $32M trading […]
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Elon Musk’s Social Media Antics Spark Massive Surges in $KM and $PEPE Tokens Elon Musk’s recent social media antics, changing his X profile to “Kekius Maximus” and his picture to Pepe, have once again ignited the cryptocurrency market, causing significant price surges in $KM and $PEPE tokens. Elon Musk changes X profile to “Kekius Maximus” […]
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Lawmaker Warns Crypto Miners in Chechnya Will Be Treated Like Terrorists in 2025 Starting January 1, 2025, crypto miners in Chechnya will face a harsh reality: they will be treated as terrorists under new legislation due to significant electricity shortages. This severe measure reflects Russia’s broader effort to control the impact of crypto mining on […]
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Russia’s State Duma Pushes Forward with Digital Ruble Mandate Russia’s State Duma has introduced a new bill that mandates the use of the digital ruble, the country’s central bank digital currency (CBDC), starting from July 1, 2025. Russia’s CBDC, the digital ruble, becomes mandatory for banks and merchants. Implementation begins July 1, 2025, expanding to […]
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Crypto Scams on YouTube: Fraudsters Exploit Greed and Greed Exploits You John clicked on a seemingly harmless comment on a YouTube video, and within minutes, he lost his life savings. This is the harsh reality of crypto scams today. Scammers are using YouTube comments to distribute seed phrases, which are lists of words used to […]
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CFTC vs. Gemini Trial Delayed to January 21, 2025: Impact on Crypto Regulation and Gemini’s Global Strategy Trial between CFTC and Gemini delayed to January 21, 2025 CFTC alleges Gemini provided misleading information for Bitcoin futures Gemini expands into Singapore, receives preliminary approval from MAS Potential regulatory shifts following Trump’s inauguration A New York federal […]
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Venezuelans Ditching the Dollar in Favor of Crypto Venezuelans are increasingly turning to cryptocurrencies like Bitcoin, Ethereum, and stablecoins to combat the rampant hyperinflation and protect their finances from the devaluing bolivar. Venezuelans using crypto to fight hyperinflation and secure finances. Crypto market in Venezuela grew by 110% in Q2 2024. $20 billion flowed into […]
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Blockchain Bandit Moves 51,000 Ether to Single Wallet After Two Years of Dormancy, Raising Security Concerns A massive transfer of 51,000 Ether (ETH), valued at roughly $102 million, from a wallet dormant for nearly two years has caused a stir in the cryptocurrency community. This unexpected movement of funds has ignited speculation and concern, with […]
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Feed Every Gorilla Falls Victim to Third Hack, Losing $1.07 Million In a recurring nightmare for the Feed Every Gorilla (FEG) project, hackers have struck again, exploiting a flaw in the project’s bridge and stealing tokens worth approximately $1.07 million. This latest breach has led to a catastrophic 99% drop in the FEG token price, […]
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Former Bithumb CEO Lee Sang-jun Sentenced to Two Years for Bribery in South Korea Lee Sang-jun, the former CEO of Bithumb, South Korea’s largest cryptocurrency exchange by trading volume, has been sentenced to two years in prison for accepting bribes in a fraudulent token listing scheme. The case involves a complex web of corruption that […]
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