Patrick Adeka

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.

Memecoin Index Crashes 90% Amid Broader Crypto Market Retreat

Market News

The hype-driven memecoin sector has taken a brutal hit this week, with the Memecoin Index plunging nearly 90% from its recent highs. As broader crypto markets pull back, meme tokens—known for their extreme volatility and speculative appeal—are bearing the brunt of investor sell-offs. The top crypto market Memecoin have seen their combined value drop from

Memecoin Index Crashes 90% Amid Broader Crypto Market Retreat

Acting SEC Chair Orders Staff to Reassess Controversial Crypto Custody Rule

Market News

The Securities and Exchange Commission (SEC) may be poised to reverse course on one of its most contentious proposals from last year. Acting SEC Chair Mark Uyeda announced on Monday that he has instructed agency staff to reexamine the agency’s February 2023 proposal aimed at tightening cryptocurrency custody rules, following significant pushback from industry stakeholders.

Acting SEC Chair Orders Staff to Reassess Controversial Crypto Custody Rule

Brazil Proposes Bill to Allow Bitcoin Salary Payments

Market News

In a move that will see cryptocurrency integration into mainstream finance, Brazil’s National Congress is considering a bill permitting employees to receive a portion of their salaries in Bitcoin and other digital assets. Introduced by federal deputy Luiz Philippe de Orleans e Bragança on March 12, 2025, the proposed legislation seeks to regulate the use

Brazil Proposes Bill to Allow Bitcoin Salary Payments

Kraken Unveils Ultra-Fast Trading with New Colocation Service

Market News

U.S.-based Crypto Exchange; Kraken has unveiled plans to launch its colocation service, promising ultra-low latency trading execution for clients worldwide. Set to go live in the coming weeks, this new service aims to level the playing field by offering sub-millisecond execution speeds not just to large institutions but to all Kraken clients and partners. According

Kraken Unveils Ultra-Fast Trading with New Colocation Service

Whale Shorts $445M in Bitcoin While Doubling Down on MELANIA Token

Market News

In a daring and attention-grabbing move, a crypto whale has positioned themselves at the center of market chatter by shorting $445 million worth of Bitcoin (BTC) while simultaneously taking a highly leveraged bullish stance on the MELANIA memecoin. Despite Bitcoin stabilizing above $84,000, bouncing off its 200-day moving average last week, this whale took a

Whale Shorts $445M in Bitcoin While Doubling Down on MELANIA Token

Solana Marks 5 Years as Network Activity Slows and Firedancer Launch Looms

Market News

Solana, the sixth-largest blockchain network by market capitalization, officially marked its fifth anniversary over the weekend—a major milestone for the fast-growing ecosystem. However, the celebration comes at a time when the network is experiencing a noticeable slowdown in user activity, raising questions about its long-term trajectory. Co-founder Anatoly Yakovenko took to X to commemorate the

Solana Marks 5 Years as Network Activity Slows and Firedancer Launch Looms

Four Teens Charged in Armed Home Invasion Targeting Streamer Amouranth

Market News

Authorities have charged four teenagers in connection with the violent home invasion of prominent streamer Kaitlyn “Amouranth” Siragusa, who was held at gunpoint in an attack seemingly motivated by her well-known cryptocurrency portfolio. According to reports, the suspects—identified as Dylan Nesho Campbell, 18; Bryan Anthony Salazar Guerrero, 19; Demarcus Morris Jr, 17; and one additional

Four Teens Charged in Armed Home Invasion Targeting Streamer Amouranth

Vietnamese Brothers Arrested in $3.8 Billion Crypto Gambling Bust

Market News

Vietnamese authorities have arrested four siblings at the heart of a sprawling cryptocurrency-based gambling operation, estimated to be worth an astonishing $3.8 billion. The suspects, led by 32-year-old Huynh Long Nhu and his brothers Huynh Long Tu, Huynh Long Bach, and sister Huynh Thi Ha Tay, are accused of disguising the illegal gambling ring as

Vietnamese Brothers Arrested in $3.8 Billion Crypto Gambling Bust

The THORChain Dilemma: Decentralization Tested Amid Money Laundering Allegations

Market News

THORChain, the prominent decentralized finance (DeFi) protocol, has been facing intense scrutiny in recent weeks, following allegations that it facilitated money laundering activities. The controversy centers around the protocol’s alleged use by North Korean state-backed hackers, known as the Lazarus Group, to convert stolen Ether (ETH) into Bitcoin (BTC). This situation has ignited debates about

The THORChain Dilemma: Decentralization Tested Amid Money Laundering Allegations

Rising Inflation Threatens Bitcoin’s Stability Amid Broader Economic Pressure

Market News

Bitcoin’s recent price recovery has sparked optimism across the crypto market, with the flagship cryptocurrency rebounding from the broader bearish trend that dominated Q1. However, mounting inflation risks could throw cold water on this momentum, leaving investors questioning whether the rally is sustainable or simply a temporary reprieve. While Bitcoin and key altcoins have shown

Rising Inflation Threatens Bitcoin’s Stability Amid Broader Economic Pressure

SEGA’s ‘Code of Joker’ Revived as NFT Card Game on Sui Blockchain

Market News

SEGA’s cult-favorite arcade card battler, ‘Code of Joker’, is making a comeback—this time, powered by blockchain. Renamed ‘Code of Joker: Evolutions,’ the game will officially relaunch later this year, integrating with the Sui blockchain to bring digital ownership and NFT trading features to a broader audience of mobile and web gamers. The new version is

SEGA’s ‘Code of Joker’ Revived as NFT Card Game on Sui Blockchain

21Shares Shuts Down Bitcoin and Ether Futures ETFs as Crypto Outflows Mount

Market News

Crypto asset manager 21Shares has announced it will shutter two of its actively managed ETFs focused on Bitcoin and Ether futures, citing ongoing market turbulence and plummeting investor interest. The two funds—ARK 21Shares Active On-Chain Bitcoin Strategy ETF (ARKC) and ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY)—will officially cease trading at market close on

21Shares Shuts Down Bitcoin and Ether Futures ETFs as Crypto Outflows Mount

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