Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
WeGov DAO’s $WEGOV Token Loses Utility After Vote to Remove Decentralized Voting Rights The governance token $WEGOV of the WeGov DAO has lost all utility following a vote to remove voting rights, initiated by a single wallet holding 50,000 tokens. This decision, led by the pseudonymous WeGovWhale, was a protest against the low voter turnout […]
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ZachXBT Labels Crypto.com’s CRO Token a Scam Amid Trump Partnership and Token Re-mint Controversy Crypto.com’s decision to re-mint 70 billion CRO tokens, previously burned in 2021, has sparked outrage and led blockchain investigator ZachXBT to label the token as a scam. Amidst this controversy, Crypto.com has announced a partnership with Trump Media to launch crypto-based […]
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WazirX’s Resilient Relaunch: A Beacon of Hope Amidst Cyberattack Fallout WazirX, once India’s leading digital asset exchange, is staging a comeback after a devastating $230 million cyberattack, attributed to North Korea’s notorious Lazarus Group. The exchange is fortifying its defenses and rebuilding user trust with the help of top custodians BitGo Trust and Zodia Custody, […]
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BlackRock Launches iShares Bitcoin ETP in Europe: A Milestone for Institutional Crypto Adoption BlackRock has taken a significant step in expanding its cryptocurrency offerings by launching the iShares Bitcoin ETP in Europe, marking its first crypto ETP outside of North America. This move signifies a growing institutional acceptance of Bitcoin as an investable asset. BlackRock […]
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Movement Network Initiates $38M MOVE Token Buyback Following Binance Market Maker Controversy Movement Network has launched a $38 million buyback of its MOVE token in response to a market maker’s breach of contract on Binance. This significant action aims to restore investor confidence and stabilize the ecosystem, while also highlighting the challenges of maintaining liquidity […]
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TokenPost and Korea University Launch 2025 AI & Blockchain Startup Idea Competition TokenPost, Korea’s leading crypto media outlet, has partnered with Korea University’s College of Informatics to launch the “2025 AI & Blockchain Startup Idea Competition,” aimed at uncovering innovative startup ideas in AI and blockchain technologies. TokenPost and Korea University partner for startup competition […]
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Binance Strikes Back: Employee Suspended in Insider Trading Scandal Binance, the world’s leading cryptocurrency exchange by trading volume, has taken decisive action by suspending an employee amid allegations of front-running a token launch. This incident underscores the persistent challenge of insider trading within the crypto industry, threatening market integrity and fairness. Binance suspends employee for […]
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Ethereum’s Validator Custody Dilemma: Static or Dynamic? The Ethereum community faces a pivotal decision: should it adopt a static or dynamic custody model for its validators? This choice will significantly impact the future of Ethereum’s Proof-of-Stake (PoS) system, influencing network efficiency, decentralization, and performance. Static custody: Simple yet inflexible Dynamic custody: Adaptable but complex Challenges: […]
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House of Doge’s Strategic Move: Buying $1.8M in DOGE to Boost Payment Ecosystem House of Doge, the corporate arm of the Dogecoin Foundation, has made a bold move by purchasing over 10 million DOGE, valued at more than $1.8 million. This acquisition aims to transform Dogecoin from a meme-inspired cryptocurrency into a viable payment currency, […]
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USDC Launches in Japan Through Circle and SBI Partnership, Marking Web3 Milestone Is Japan about to become the epicenter of the stablecoin revolution? On March 26, USD Coin (USDC), the world’s second-largest stablecoin, is set to launch in Japan through a strategic partnership between Circle and SBI Holdings. This move, approved by Japan’s Financial Services […]
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