Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
More than 120 crypto organizations are pressing the Senate Banking Committee to move the CLARITY Act now, warning that delay will keep driving crypto jobs, capital, and development out of the United States. The bill has already cleared the House, but in Washington’s finest tradition, getting something important done has turned into a hostage situation […]
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Sam Bankman-Fried withdraws request for a new trial as the FTX wreckage still haunts crypto Sam Bankman-Fried has pulled back his bid for a new trial after his fraud conviction and 25-year prison sentence tied to the collapse of FTX, though he says he may try again later after his appeal and once the case […]
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Uzbekistan is making a clean, blunt offer to crypto miners: bring your rigs to Besqala Mining Valley, keep your tax bill light for a decade, and help energize a region that’s long needed real investment. 10-year tax holiday for mining operators Besqala Mining Valley launched in Karakalpakstan Renewables, hydrogen, and grid power are now allowed […]
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The Bank for International Settlements says major crypto exchanges are no longer just trading venues — they’re acting more like shadow banks, and that should set off alarm bells for anyone chasing yield on a centralized platform. BIS warning: exchanges are taking on bank-like roles without bank-like protections Yield products: often work like unsecured loans, […]
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Uzbekistan is giving crypto miners a very real sweetener: a state-backed zone in Karakalpakstan with a tax holiday, lighter energy rules, and a direct line into the country’s banking system. Besqala Mining Valley launched in Karakalpakstan by presidential decree No taxes until January 1, 2035 for resident companies 1% monthly fee replaces standard tax payments […]
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The U.S. military is testing Bitcoin as a cybersecurity and cryptography tool, and yes, that means a Bitcoin node is now part of the conversation inside the Pentagon’s orbit. US military and Bitcoin — running a Bitcoin node for monitoring and operational tests Not mining — the focus is Bitcoin security, cryptography, and protocol study […]
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US House Passes CLARITY Act to Split Crypto Oversight Between SEC and CFTC The U.S. House has passed the CLARITY Act, a long-awaited push to give crypto regulation some actual structure by splitting oversight between the SEC and CFTC based on how centralized or decentralized a token really is. SEC for tokens tied to a […]
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Thailand’s Securities and Exchange Commission is moving to make crypto derivatives licensing less of a bureaucratic maze, and that could open the door wider for regulated futures trading in the country. Thailand SEC proposes direct derivatives licensing for crypto firms Separate legal entity requirement could be removed Public comment runs until May 20 Goal: wider […]
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Bernstein says quantum computing is not shaking Bitcoin security right now — and that’s the sane take. The quantum panic cycle keeps coming back like bad code, but BTC’s cryptography is still standing, and there’s a big gap between scary theoretical math and a machine that can actually break Bitcoin. Bernstein’s view: quantum computing is […]
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Core Scientific Seeks $3.3B As It Shifts From Bitcoin Mining To AI Data Centers Core Scientific is raising $3.3 billion through senior secured notes as it pushes harder into AI data centers and away from Bitcoin mining. The move is a loud signal that the company now sees more value in selling compute power to […]
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