Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
ZachXBT Exposes Hyperliquid Whale: British Criminal William Parker In the high-stakes world of cryptocurrency, where fortunes can swing wildly, ZachXBT has unmasked a $20 million whale with a dark past. William Parker, a British man with a history of fraud, hacking, and casino theft, made his mark on Hyperliquid and GMX between January and March […]
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Walrus Foundation Raises $140 Million to Transform Decentralized Storage Landscape The Walrus Foundation has secured a whopping $140 million to launch Walrus, an innovative decentralized storage protocol designed to outpace and enhance the flexibility of existing networks like Filecoin and Arweave. $140 million secured for Walrus Mysten Labs as developer Launch scheduled for March 27, […]
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The TON Foundation Secures $400M to Boost Blockchain Adoption via Telegram The TON Foundation has secured a monumental $400 million in token-based financing, drawing significant attention from investors like Sequoia Capital and Ribbit. This influx of funds is poised to catapult the TON blockchain into the mainstream, leveraging Telegram’s colossal user base of over 1 […]
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Russia’s Bold Leap into Crypto: Moscow Exchange to Test Digital Asset Trading Russia’s Ministry of Finance has announced a groundbreaking move to test cryptocurrency trading on the
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MoonPay Secures $200 Million Credit Line from Galaxy to Fuel Global Crypto Growth – MoonPay secures $200M from Galaxy – Boosts liquidity for global expansion – Achieves 112% revenue growth in 2024 MoonPay, a leading platform for seamless cryptocurrency transactions, has secured a $200 million revolving credit line from Galaxy, a major player in digital […]
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Crypto Scam Alert: Fake TradingView App Steals Funds from Traders Imagine logging into your crypto wallet, expecting to see a healthy balance, only to find it completely drained. This nightmare scenario has become a reality for victims of a sophisticated scam targeting cryptocurrency traders on Reddit. Hackers are distributing malware disguised as free versions of […]
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Russian Civic Chamber Proposes Special Fund for Confiscated Cryptocurrency The Russian Civic Chamber has proposed a special fund to manage confiscated cryptocurrency, aiming to channel proceeds into social initiatives. Proposal for special fund for confiscated crypto Proceeds to fund social, environmental, and educational projects Supported by Yevgeny Masharov of the Public Chamber The Russian Civic […]
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Infini Labs $50m Heist: A Textbook Insider Attack Exposed When former lead smart contracts engineer Chen Shanxuann allegedly siphoned off $49.5 million in USDC from Infini Labs, it wasn’t just a heist—it was a stark reminder of the vulnerabilities within decentralized finance (DeFi). The ensuing lawsuit filed in Hong Kong against Chen paints a picture […]
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Gemini Takes the Reins as Custodian for Evolve ETFs’ New Leveraged Crypto ETFs Imagine you’re a retail investor looking to dip your toes into the world of cryptocurrencies without diving headfirst into the wild west of crypto trading. Enter Evolve ETFs’ new leveraged Bitcoin and Ethereum ETFs, LBIT and LETH, which started trading on the […]
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Lazarus Group Shifts $3.76M in Bitcoin, Signals Laundering Efforts The Lazarus Group, a notorious North Korean hacking outfit, has moved approximately $3.76 million in Bitcoin to five unknown wallet addresses. This action follows their recent hack on the Bybit cryptocurrency exchange, which resulted in a staggering $1.4 billion loss. Lazarus Group transferred 44.07 BTC to […]
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