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.
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The U.S. Treasury Department has formally lifted sanctions imposed on Tornado Cash, the cryptocurrency mixer previously accused of aiding North Korean-linked laundering operations. The removal, announced Friday, effectively clears the Ethereum-based platform from the Office of Foreign Assets Control’s (OFAC) Specially Designated Nationals (SDN) list, reversing actions first taken in 2022. Tornado Cash was sanctioned
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When Donald Trump returned to the White House, the crypto industry expected fireworks. But few could have predicted just how far and fast the Trump administration would move to position the U.S. as the global leader in digital assets. In less than 100 days, Trump has not only delivered on his campaign promises to embrace
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North Korea-linked hacking collective Lazarus Group now holds more Bitcoin than one of the most high-profile corporate investors in the asset: Elon Musk’s Tesla. According to data from blockchain intelligence platform Arkham Intelligence, Lazarus currently controls 13,441 BTC, valued at approximately $1.14 billion. This figure surpasses Tesla’s 11,509 BTC stash, marking a 16% lead over
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Renowned blockchain investigator ZachXBT has revealed that the trader behind the enigmatic 50x whale on Hyperliquid and GMX is allegedly a British hacker named William Parker. According to ZachXBT’s latest findings shared on March 20, Parker reportedly amassed over $20 million in profits from highly leveraged trades across the two platforms. Digging deeper into Parker’s
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In a bid to solidify its position within the global Bitcoin economy, Japanese investment firm Metaplanet has appointed Eric Trump as the inaugural member of its newly formed Strategic Advisory Board. Trump, son of U.S. President Donald Trump, will serve as a key advisor as the firm intensifies its focus on Bitcoin adoption and corporate
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Paul Atkins, President Donald Trump’s pick to lead the U.S. Securities and Exchange Commission (SEC), is set to appear before a Senate confirmation hearing next week. The nomination of Atkins, a known critic of heavy-handed financial regulation, has drawn significant attention from both Wall Street and the crypto industry, who view his potential leadership as
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The Office of the Comptroller of the Currency (OCC) has announced it will no longer require U.S. national banks to account for “reputational risk” when evaluating their business relationships. The decision follows persistent criticism from the crypto industry, which argued that the reputational risk factor was often used to pressure banks into cutting ties with
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Under the leadership of Prime Minister Anthony Albanese, the Australian government has officially outlined a revamped regulatory framework aimed at providing clarity and security to the country’s growing digital asset sector. The new measures are designed to offer much-needed certainty for crypto businesses while addressing consumer protection and market stability concerns. A key feature of
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The investigation into Bithumb’s financial dealings took a sharp turn this week after South Korean prosecutors revealed suspicions that a portion of company funds was improperly used by one of its former top executives for personal gain. On March 20, the Seoul Southern District Prosecutors’ Office raided Bithumb’s offices, zeroing in on financial transactions involving
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In a major announcement on Thursday, 20th March 2025, at the ongoing Digital Asset Summit in New York, U.S. President Donald Trump declared the official end of Operation Choke point 2.0, one of the most debilitating government actions that profoundly affected the growth of the crypto sector during the last Biden led administration. Speaking directly
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Three high-profile executives from Trump Media & Technology Group have established a new special purpose acquisition company (SPAC) with a strategic focus on investing in U.S.-based crypto, AI, and data security firms. The newly registered entity, named Renatus Tactical Acquisition Corp I, filed its plans with the U.S. Securities and Exchange Commission (SEC), outlining its
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Aleksei Andriunin, the 26-year-old founder of crypto market-making firm Gotbit, has reached a plea deal with U.S. authorities, agreeing to forfeit $23 million worth of cryptocurrency tied to market manipulation charges. The agreement follows months of legal proceedings, starting with Andriunin’s arrest in Portugal last year and his subsequent extradition to the United States in
