Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Kraken is paying $600 million for a Hong Kong stablecoin firm, and the real target is clear: the payment rails, not just the trading screen. Payward Inc., Kraken’s parent company, is acquiring Reap Technologies for $600 million. The deal uses a cash-and-stock structure tied to Kraken’s $20 billion valuation. Reap specializes in stablecoin-based business payments, […]
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Bitcoin ETFs are still doing what they were built to do: soak up capital while traders argue over whether $80,000 is a solid base or a trapdoor with better lighting. Five straight days of inflows for U.S. spot bitcoin ETFs Nearly $1.7 billion added during the streak BlackRock’s IBIT led the charge while some rivals […]
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Bitcoin Mining Could Transform Colombia’s Caribbean Region, President Says Colombian President Gustavo Petro wants to turn Colombia’s Caribbean coast into a Bitcoin mining hub powered by renewable energy, pitching it as a cleaner way to attract investment and development without the usual fossil-fuel hangover. Barranquilla, Santa Marta, and Riohacha were named as possible mining sites […]
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Circle is heading into earnings in four days, and the market is not in the mood for fairy tales. Investors want to know whether USDC is actually becoming a real payments and finance rail for AI agents, or whether Circle’s “Agentic Economy” pitch has been running hotter than the numbers. Earnings on May 11 USDC […]
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South Korea has locked in a January 2027 start date for its crypto tax, ending years of delays and political foot-dragging. The new rule will hit gains above 2.5 million won a year, with a combined 22% tax on crypto profits. 22% crypto gains tax begins in January 2027 2.5 million won yearly threshold before […]
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South Korea has finally nailed down a start date for its long-delayed crypto tax, and traders hoping the whole thing would quietly die in committee can stop dreaming. Tax date locked: Jan. 1, 2027 Rate: 22% on gains above 2.5 million won Scope: Crypto transfers and lending income Rollout: Guidance due in 2026, first filing […]
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Washington is trying to put crypto regulation on a fast track while Wall Street, global banks, and ETF investors keep stacking real-world demand on top of the noise. The White House wants a sweeping U.S. crypto market structure bill on President Trump’s desk by July 4, but stablecoin rewards and ethics language are still holding […]
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ZachXBT says the DSJ Exchange and BG Wealth Sharing crypto Ponzi collapsed after allegedly pulling in more than $150 million, while a coordinated response froze over $41.5 million before more of the loot could disappear into the blockchain blender. DSJEX and BG Wealth Sharing allegedly ran a Ponzi-style crypto scam More than $150 million reportedly […]
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A 1inch-linked liquidity provider has been exploited for nearly $5.87 million after attackers abused stale wallet approvals and a contract permission path that should never have been left exposed. $5.87 million stolen from a 1inch-related liquidity provider Old approvals abused — no fresh malicious signature needed Trusted Volumes resolver contract was the target WETH, USDT, […]
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US authorities have seized the domain tied to BG Wealth Sharing, a crypto investment scheme accused of running a Ponzi-style fraud that allegedly promised easy money, then tried to disappear with the loot. BG Wealth Sharing allegedly ran a crypto scam linked to DSJ Exchange Over $41 million in crypto was frozen before it could […]
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