Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
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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Is Now the Best Crypto Investment Opportunity? The crypto landscape is at a pivotal moment, with recent developments suggesting a prime window for investment in digital assets, particularly Bitcoin. From governmental recognition to price fluctuations and institutional interest, the pieces are aligning for potential investors. U.S. Crypto Strategic Reserve Bitcoin price dip and rebound Increasing […]
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Hotel Giant Agrees to $45 Million Payout After Data Breaches Impact Millions MGM Resorts International has agreed to a $45 million settlement to compensate millions of customers affected by two major data breaches in 2019 and 2023. These breaches not only compromised the personal information of approximately 37 million individuals but also caused operational chaos […]
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ZKsync Sunsets Ignite Liquidity Program Amid Bearish Market Amidst a challenging crypto market, ZKsync has decided to sunset its Ignite liquidity incentive program, marking a strategic shift towards sustainability and the development of the Elastic Network. Ignite program cancellation Last rewards distribution on March 17, 2025 Shift towards Elastic Network Slight token price increase ZKsync, […]
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Ethena Surges Ahead: Overtakes PancakeSwap and Jupiter with $3.28M Daily Revenue Ethena, the Ethereum-based decentralized stablecoin protocol, has made a significant impact in the DeFi sector by surpassing the daily revenue of established protocols like PancakeSwap and Jupiter, securing the third position in daily fees with an impressive $3.28 million. While this success is notable, […]
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Russia’s Strategic Pivot: Using Bitcoin, Ethereum, and USDT to Bypass Western Sanctions in Oil Trade Amidst escalating geopolitical tensions, Russia is increasingly using cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and USDT to trade oil with India and China, sidestepping Western sanctions and showcasing the disruptive potential of decentralized finance. Russia uses BTC, ETH, and USDT […]
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WLFI Denies Reports of Trump Family’s Stake in Binance.US, Calls Coverage Politically Motivated World Liberty Financial (WLFI), a DeFi project rumored to be connected to the Trump family, has firmly denied recent media reports suggesting the family was considering a stake in Binance.US. Amidst the swirling political drama, WLFI has slammed the reports as “politically […]
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Brazil Leads BRICS Charge Into Blockchain for Cross-Border Trade Brazil is spearheading a blockchain initiative within the BRICS countries to streamline cross-border trade, focusing on enhancing transaction speed and transparency. Brazil leads blockchain initiative for BRICS trade efficiency. Shift from common currency to blockchain technology. Brazil’s Central Bank pilots Drex for tokenized transactions. Potential annual […]
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Charles Hoskinson’s Vision for Cardano in a $30 Trillion Cryptocurrency Market Charles Hoskinson, the visionary behind Cardano, shared an ambitious outlook at the University of Wyoming, predicting that Cardano could become the backbone of a $30 trillion cryptocurrency market. His vision encompasses the tokenization of real-world assets, integration with Bitcoin to enhance decentralized finance (DeFi), […]
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Ethereum’s Future at Risk Without Clear Leadership, Ex-Engineer Warns Harikrishnan Mulackal, a former Solidity expert and compiler engineer at the Ethereum Foundation, has raised serious concerns about Ethereum’s future, citing a lack of clear leadership and vision as major roadblocks. In a post on X on March 14, Mulackal highlighted the ongoing disagreements within the […]
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