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

Ethereum’s Pectra Upgrade: Devnet 6, EIP-7702, and $2M Bug Bounty Unveiled

Ethereum’s Pectra Upgrade: Devnet 6, EIP-7702, and $2M Bug Bounty Unveiled

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Ethereum’s All Core Devs Meeting #150: Navigating the Pectra Upgrade The 150th Ethereum All Core Devs Meeting on February 6, 2025, delved into the intricacies of the Pectra upgrade, aiming to propel Ethereum’s network to new heights of stability, scalability, and security. From the launch of Devnet 6 to the introduction of EIP-7702 and a […]

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Foundry Enhances Rootstock Security via Bitcoin Merge Mining

Foundry Enhances Rootstock Security via Bitcoin Merge Mining

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Foundry Boosts Rootstock Security with Bitcoin Merge Mining Foundry, a powerhouse in cryptocurrency mining, has joined forces with Rootstock to amplify the security of Rootstock’s blockchain using Bitcoin’s robust mining network. This strategic partnership not only fortifies Rootstock’s infrastructure but also exemplifies the growing trend of blockchain interoperability. Foundry partners with Rootstock Bitcoin merge mining […]

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Tether Ditches Blockchain Rumors for AI and $13.7B Profit in 2024

Tether Ditches Blockchain Rumors for AI and $13.7B Profit in 2024

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Tether CEO Paolo Ardoino Shuts Down Blockchain Rumors, Pivots to AI and Profits In a surprising move, Tether’s CEO Paolo Ardoino has firmly dismissed rumors of launching a proprietary blockchain, instead steering the company towards exciting developments in artificial intelligence and record-breaking profits. Here’s what you need to know: Tether CEO denies blockchain launch rumors […]

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EmpiresX Founders Hit with $130M Fine for Crypto Fraud: CFTC’s Strong Stance

EmpiresX Founders Hit with $130M Fine for Crypto Fraud: CFTC’s Strong Stance

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Brazilian EmpiresX Founders Fined $130M for Crypto Fraud: A Wake-Up Call for Investors The U.S. District Court for the Southern District of Florida has delivered a stern message to the cryptocurrency world, fining the founders of EmpiresX, Emerson Pires and Flavio Goncalves, along with Joshua Nicholas, a whopping $130 million for defrauding over 12,500 investors. […]

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Bhutan’s $74M Bitcoin Transfer: Holding $1.1B in Reserves – Strategic Play or Risk?

Bhutan’s $74M Bitcoin Transfer: Holding $1.1B in Reserves – Strategic Play or Risk?

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Bhutan’s $74M Bitcoin Shift: Retaining $1.1B in Crypto Reserves – A Strategic Move? The Royal Government of Bhutan recently made headlines in the cryptocurrency world by transferring 751,309 BTC, amounting to $74 million, to two distinct wallets. Despite this significant move, Bhutan continues to hold a robust reserve of 11,145 BTC, valued at approximately $1.1 […]

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Verifiable Credentials: cheqd’s Fight Against AI Scams in Crypto

Verifiable Credentials: cheqd’s Fight Against AI Scams in Crypto

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Verifiable Credentials: The Antidote to AI-Driven Scams in the Crypto World AI-generated scams are surging in the cryptocurrency space, prompting the need for robust solutions. Verifiable credentials offer a promising way to combat these frauds, and cheqd is at the forefront of this innovative approach. AI-driven scams surge in crypto space Verifiable credentials as a […]

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Canada’s CIRO Bars Crypto Funds from Reduced Margins, Hiking Investor Costs

Canada’s CIRO Bars Crypto Funds from Reduced Margins, Hiking Investor Costs

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Canada’s Regulator Tightens the Reins on Crypto Funds: Higher Costs for Investors – CIRO excludes crypto funds from reduced margin eligibility. – Driven by concerns over volatility, liquidity, and regulatory uncertainty. – Higher costs for investors in crypto funds. – Reflects global regulatory caution towards cryptocurrencies. The Canadian Investment Regulatory Organization (CIRO) has thrown a […]

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Kraken CEO Sues San Francisco Co-op for Alleged Crypto and Political Discrimination

Kraken CEO Sues San Francisco Co-op for Alleged Crypto and Political Discrimination

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Kraken CEO Jesse Powell Sues San Francisco Housing Co-op Over Alleged Cryptocurrency Discrimination Jesse Powell, the co-founder of the renowned cryptocurrency exchange Kraken, has filed a lawsuit against a San Francisco housing cooperative, alleging discrimination due to his ties to the crypto industry and his political views. Lawsuit filed against San Francisco housing co-op Alleges […]

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ECB Explores Digital Euro for Conditional Payments, Shuns Blockchain Tech

ECB Explores Digital Euro for Conditional Payments, Shuns Blockchain Tech

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ECB Explores Conditional Payments with Digital Euro, Bypassing Blockchain Imagine never having to chase a refund again; the European Central Bank (ECB) is working on making this a reality with the digital euro, focusing on conditional payments that only complete if certain conditions are met. This innovative approach, as explained by ECB executive board member […]

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