Patrick holds a graduate degree in Life Sciences and discovered Bitcoin and crypto in 2018. With a strong analytical background, he has worked with and advised multiple projects in DeFi and real-world NFT applications. Passionate about blockchain innovation, he provides valuable perspectives on decentralized finance and asset tokenization, shedding light on emerging opportunities in the space.
Market News
Nasdaq-listed healthcare provider Basel Medical Group has entered exclusive negotiations to acquire $1 billion worth of Bitcoin—marking one of the largest digital asset moves by a healthcare company to date. The Singapore-based firm, which specializes in orthopedic and trauma care, announced Friday that the deal would be structured as a share-swap arrangement, allowing Basel to
Latest News
FTX’s bankruptcy estate is preparing to release over $5 billion in recovered funds to creditors at the end of this month, marking a key milestone in the exchange’s efforts to reimburse users following its collapse in 2022. The FTX Recovery Trust announced Thursday that the next phase of distributions will begin on May 30, targeting
Market News
Melbourne-based cryptocurrency exchange Cointree has been fined AUD $75,120 by Australia’s financial watchdog for failing to file suspicious matter reports (SMRs) within legally required timeframes. The penalty was issued by the Australian Transaction Reports and Analysis Centre (AUSTRAC), which cited the exchange’s delayed reporting as a barrier to timely law enforcement intervention. The enforcement action
Market News
Avenir, a Hong Kong-based investment firm, has sharply increased its exposure to Bitcoin by acquiring 3.4 million additional shares of BlackRock’s iShares Bitcoin Trust (IBIT) during Q1 2025, pushing its total holdings in the spot Bitcoin ETF to nearly $700 million. According to a U.S. regulatory filing released Thursday, Avenir now holds 14.7 million IBIT
Market News
Ukraine is nearing the completion of a landmark legislative effort that could make it the next nation to formally adopt Bitcoin as part of its national reserves. The proposed bill, now in its final drafting phase, comes as the country continues to navigate the economic strains of its ongoing war with Russia. According to Member
Market News
The Ethereum Foundation has unveiled a sweeping new initiative aimed at overhauling the network’s security framework to support a future where trillions of dollars could be stored and transacted onchain. Called the “Trillion Dollar Security Initiative,” the program reflects Ethereum’s ambitions to become the foundational infrastructure for a global financial system—robust enough for everyday users,
Market News
Shares of eToro surged 29% on its first day of trading on the Nasdaq, closing near $67 and pushing the company’s valuation to approximately $5.4 billion. The robust debut comes after the company priced its IPO at $52 per share, selling 6 million shares and raising a total of $310 million in fresh capital. The
Market News
In a strategic push to meet rising institutional demand for digital assets, FalconX has entered into a partnership with global banking heavyweight Standard Chartered. The collaboration aims to enhance crypto market access and settlement capabilities for large-scale investors by integrating traditional banking services with FalconX’s prime brokerage platform. Announced on Tuesday, the deal will allow
Market News
The U.S. Securities and Exchange Commission has delayed its decision on Grayscale’s proposed spot Solana ETF, extending the review timeline to October 2025. The move mirrors the SEC’s historically cautious approach to crypto-backed ETFs, even as investor demand for regulated digital asset products continues to grow. Grayscale’s application to list its Solana Trust on the
Opinion
Julian Au doesn’t believe in buzzwords—he builds around them. As the founder and CEO of DePINed, a self-funded AI and Web3 infrastructure company, Julian’s journey is a roadmap of what next-generation entrepreneurship could look like: solo operators empowered by AI, bootstrapping real-world impact at scale, and using token economies not as hype machines, but as
Market News
Yuga Labs has officially transferred the intellectual property rights of the CryptoPunks NFT collection to the Infinite Node Foundation, a nonprofit dedicated to digital art preservation. Announced Tuesday, the move is described as a step toward long-term cultural stewardship and global museum integration. In a public statement, Yuga Labs positioned the transfer as a launchpad
Market News
Global investment firm VanEck has entered the tokenized asset market with the launch of VBILL, a blockchain-based Treasury bill fund targeting institutional investors. Developed in partnership with digital asset platform Securitize, VBILL allows qualified participants to gain exposure to U.S. Treasury bills through tokenized instruments. Announced on May 13, the fund supports four blockchain networks:
