Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Texas Advances SB21: Strategic Bitcoin Reserve Bill Officially Passed Could Texas soon be the home of the world’s first state-managed Bitcoin reserve? The Texas House has given a resounding yes by passing Senate Bill 21 (SB21), the Texas Strategic Bitcoin Reserve and Investment Act. With the bill now headed to Governor’s desk, Texas is poised […]
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Startup CEO Jeremy Jordan-Jones Charged in $1 Million Crypto Fraud Scandal The US Attorney for the Southern District of New York, working with the FBI and SEC, has charged Jeremy Jordan-Jones, CEO of Amalgam Capital Ventures, with defrauding investors out of $1 million. This case serves as a stark warning amidst the cryptocurrency market’s growth, […]
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Ripple CEO Snubbed by Lummis: XRP FUD Fuels Crypto Drama – Ripple CEO’s meeting with Sen. Lummis canceled. – Speculation of influence by Lummis’ Bitcoin maximalist son-in-law. – Ripple’s negotiations to acquire Circle amidst stablecoin legislation debate. – SEC settlement denial adds to Ripple’s legal woes. – Political tensions highlighted by Ripple’s donations. What happens […]
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Crypto Ownership in Singapore Plummets in 2024 as Investors Rebalance Portfolios Singapore’s crypto market saw a sharp decline in ownership in 2024, dropping from 40% to 29%. This significant shift, detailed in the 2025 Independent Reserve Cryptocurrency Index (IRCI), shows that half of the country’s crypto holders sold their assets. Despite the sell-off, optimism persists […]
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Michigan House Proposes Four New Bills to Boost Bitcoin and Crypto Adoption On May 21, 2025, Michigan took a leap into the digital future with the introduction of four bills designed to clarify and promote the use of Bitcoin and other digital assets. This move not only reflects the state’s commitment to embracing the potential […]
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Microsoft Strikes Back: Over 2,000 Sites Blocked in Fight Against Lumma Stealer Malware Microsoft has taken decisive action against the notorious Lumma Stealer malware, blocking over 2,300 associated websites to protect cryptocurrency users from a surging wave of cybercrime. Microsoft blocks 2,300+ Lumma-linked sites Lumma infects over 394,000 Windows devices Global crypto theft hits $51 […]
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Pakistan’s Bold Leap into Crypto: Introducing the Pakistan Digital Assets Authority (PDAA) Pakistan has taken a major step forward in embracing blockchain and cryptocurrency with the establishment of the Pakistan Digital Assets Authority (PDAA). PDAA to regulate digital assets Aims to attract global investment Engages with global crypto leaders Approved by the Ministry of Finance, […]
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White House Crypto Czar David Sacks: Stablecoin Clarity Could Trigger Trillions for U.S. Debt David Sacks, President Trump’s advisor on crypto and AI, suggests that the passage of the GENIUS Act, a bill aimed at regulating stablecoins, could lead to a significant demand for U.S. Treasuries, potentially injecting trillions into the U.S. debt market. GENIUS […]
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SafeMoon’s $8B Crypto Collapse: CEO Convicted in Massive Fraud, Faces 45-Year Sentence Braden Karony, the former CEO of SafeMoon, has been convicted of wire fraud, securities fraud, and money laundering, marking the end of a once-promising DeFi project that reached an $8 billion market cap before crashing spectacularly. – Braden Karony convicted of fraud and […]
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Billionaire Vivek Ramaswamy’s Bold Move: Acquiring 75,000 Bitcoin from Mt. Gox Billionaire Vivek Ramaswamy’s Ohio-based financial services firm Strive, in a strategic partnership with 117 Castell Advisory Group LLC, has announced plans to acquire 75,000 Bitcoin claims from the bankrupt Mt. Gox estate. This acquisition, valued at over $8.2 billion, aims to establish the first […]
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