Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
John Deaton Debunks Fake SEC Crypto Classification Claim John Deaton, a prominent crypto lawyer, has debunked a false claim that the U.S. Securities and Exchange Commission (SEC) had categorized cryptocurrencies like XRP (Ripple), ADA (Cardano), and SOL (Solana) for potential U.S. government roles. This misleading report, originating from the CryptosRus account (@CryptosR_Us), caused a brief […]
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Gemini Appoints Fintech Veteran Dan Chen as CFO Ahead of Anticipated IPO Gemini, the prominent cryptocurrency exchange led by the Winklevoss twins, has tapped Dan Chen as its new Chief Financial Officer (CFO) as the company gears up for its initial public offering (IPO). Chen, who brings a wealth of experience from his time at […]
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Elon Musk Unveils ‘Magic Money Computers’ in U.S. Government Elon Musk’s revelation of “magic money computers” within the U.S. government has sparked a conversation about transparency, waste, and fraud in government accounting. His comments on Senator Ted Cruz’s Verdict podcast shed light on systems capable of generating payments out of thin air. Elon Musk reveals […]
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Spanish Police Dismantle $32.6M Bitcoin-Themed Pyramid Scam Spanish authorities have successfully dismantled a sophisticated Bitcoin-themed pyramid scam that defrauded victims of approximately $32.6 million, leading to the arrest of eight individuals across Malaga, Madrid, and Murcia. $32.6 million defrauded 8 arrests in Spain 3,646 victims, 2,718 Spanish Scam started in 2022 New investors funding old […]
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North Korea Surpasses El Salvador in Bitcoin Holdings, Fueled by Bybit Hack North Korea’s government-backed hackers convert stolen Bybit funds into Bitcoin. Lazarus Group’s activities fund North Korea’s nuclear program, posing a global security threat. DeFi protocols like THORChain play a role in laundering these stolen assets. The Bybit Hack North Korea has leapfrogged El […]
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Liquid Mercury and dVIN Labs Tokenize the $300 Billion Wine Market: A New Frontier in Cryptocurrency Investments What if you could invest in fine wine as easily as buying bitcoin? Liquid Mercury and dVIN Labs are making it happen. Their new partnership aims to tokenize investment-grade wine, turning it into a liquid, tradable asset for […]
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Ripple’s New Trademark Filing Signals Expansion into Crypto Custody: What It Means for XRP and Beyond Ripple Labs, the San Francisco-based fintech powerhouse, has recently filed a trademark application for “Ripple Custody,” indicating a strategic move into the cryptocurrency custody and financial management sector. This filing, made on February 25, 2025, follows Ripple’s acquisition of […]
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Bitfarms Expands U.S. Presence with Stronghold Acquisition, Eyes AI and HPC Opportunities Bitfarms, a Canadian Bitcoin mining firm, has finalized its acquisition of Stronghold Digital Mining, marking a significant expansion in the U.S. This all-stock transaction, valued at over $110 million, not only strengthens Bitfarms’ foothold in the lucrative PJM market but also paves the […]
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Trump’s Crypto Policy: A Game Changer for Investors? President Donald Trump’s bold moves into the cryptocurrency arena have set the stage for significant shifts in the market, sparking a mix of enthusiasm and caution among investors. As the U.S. strives to become the global hub for digital assets, the ripple effects are profound and multifaceted. […]
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Bitcoin In Reserves? South Korea’s Central Bank Won’t Bite South Korea’s central bank, the Bank of Korea (BOK), has firmly rejected the inclusion of Bitcoin in its foreign exchange reserves, citing the cryptocurrency’s significant price swings and failure to meet International Monetary Fund (IMF) standards. However, local advocates and legislators are pushing forward with plans […]
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