Adbytes Insights

Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.

US Congressman Proposes Bill to Safeguard Trump’s Bitcoin Reserve

US Congressman Proposes Bill to Safeguard Trump’s Bitcoin Reserve

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US Congressman To Introduce New Crypto Bill Protecting Trump’s Strategic Bitcoin Reserve US Congressman Byron Donalds is set to introduce a bill on March 14 to codify President Donald Trump’s Strategic Bitcoin Reserve (SBR), a move that could solidify Bitcoin’s role as a national strategic asset. Bill to protect Trump’s SBR proposed by Byron Donalds. […]

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Ark Invest Boosts Coinbase Stake by $5.2M Amid Stock Decline and Regulatory Shifts

Ark Invest Boosts Coinbase Stake by $5.2M Amid Stock Decline and Regulatory Shifts

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Ark Invest’s $5.2M Bet on Coinbase Amidst Market Dips and Regulatory Shifts Ark Invest, led by Cathie Wood, has boldly increased its stake in Coinbase by $5.2 million, even as the stock experienced a 7.43% drop. This move underscores their unwavering confidence in Coinbase’s long-term potential, despite the ongoing volatility in the cryptocurrency market. Ark […]

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Binance CEO CZ Unveils Insights on Terra and FTX Collapses in ‘Crypto Titans’

Binance CEO CZ Unveils Insights on Terra and FTX Collapses in ‘Crypto Titans’

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Binance CEO CZ Analyzes Terra and FTX Collapses in New Book ‘Crypto Titans’ In his new book, “Crypto Titans: The Rise and Fall of Digital Empires,” Binance CEO Changpeng Zhao (CZ) provides a detailed analysis of the events leading to the collapse of the blockchain platform Terra and the subsequent downfall of the cryptocurrency exchange […]

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Unciphered Crisis: Co-Founder’s Allegations Trigger Leadership Shake-Up and Trust Issues

Unciphered Crisis: Co-Founder’s Allegations Trigger Leadership Shake-Up and Trust Issues

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Crypto Recovery Firm Unciphered in Crisis: Co-Founder’s Past Sparks Turmoil Unciphered, a leader in the crypto recovery industry, faces a significant crisis following the resurfacing of sexual assault allegations against co-founder Morgan Marquis-Boire. This scandal has led to major leadership changes and threatens the company’s reputation and future. Sexual assault allegations against co-founder Morgan Marquis-Boire. […]

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UK Court Rejects Howells’ Plea to Dig for $800M Bitcoin in Landfill

UK Court Rejects Howells’ Plea to Dig for $800M Bitcoin in Landfill

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UK Court Denies James Howells’ Bid to Search Landfill for Lost Bitcoin Amid Ongoing Legal Challenges James Howells’ quest to recover 8,000 bitcoins, lost in a Newport landfill in 2013, has been thwarted once again as the UK Court of Appeal denies his latest bid. The legal battle with Newport City Council continues, with environmental […]

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Crypto Influencer T.J. Stone Jailed for 45 Months After $2M Fraud Scheme

Crypto Influencer T.J. Stone Jailed for 45 Months After $2M Fraud Scheme

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Crypto Influencer T.J. Stone Sentenced to 45 Months for Fraud Thomas John Sfraga, known as T.J. Stone in the crypto community, has been sentenced to 45 months in prison for wire fraud, after defrauding over $2 million from investors through schemes spanning from 2016 to 2022. T.J. Stone sentenced to 45 months for wire fraud. […]

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Senate Advances GENIUS Act to Regulate Stablecoins Amid Warren’s Opposition

Senate Advances GENIUS Act to Regulate Stablecoins Amid Warren’s Opposition

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Senate Fast-Tracks Stablecoin Legislation Despite Opposition From Elizabeth Warren The U.S. Senate Banking Committee has advanced the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act) with a strong 18-6 vote, signaling a major push towards regulating stablecoins and potentially revolutionizing global transactions. Spearheaded by Senator Bill Hagerty, the bill aims to create […]

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David Sacks Sells $200M in Crypto Before Joining Trump as AI and Crypto Czar

David Sacks Sells $200M in Crypto Before Joining Trump as AI and Crypto Czar

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David Sacks Dumps $200M in Crypto Before Joining Trump’s Administration David Sacks, the newly appointed AI and crypto czar in the Trump administration, sold over $200 million in cryptocurrency assets before taking his new role. This move, highlighted in a White House memo, stands in direct contrast to other administration members like Donald Trump and […]

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John Khuu Gets 7+ Years for Bitcoin Laundering: Dark Web Drug Sales

John Khuu Gets 7+ Years for Bitcoin Laundering: Dark Web Drug Sales

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John Khuu Sentenced to Over 7 Years for Bitcoin Money Laundering Scheme in California John Khuu sentenced for crypto money laundering. Pleaded guilty to conspiracy, money laundering, and unlicensed money transfer. Used Bitcoin to sell fake medications and MDMA on dark web. In the shadowy corners of the digital world, a California man named John […]

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RedotPay Raises $40M to Boost Crypto Payments, Eyes Global Expansion

RedotPay Raises $40M to Boost Crypto Payments, Eyes Global Expansion

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RedotPay Secures $40 Million to Propel Crypto Payments Forward RedotPay has raised $40 million in a Series A funding round led by Lightspeed, aiming to accelerate the adoption of crypto payments globally. This significant investment, supported by HSG, Galaxy Ventures, DST Global Partners, Accel, and Vertex Ventures, solidifies RedotPay’s position in the crypto payment space. […]

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