Patrick Adeka

South Dakota just slammed the brakes on Bitcoin investments, rejecting a proposal to add the cryptocurrency to state reserves, mirroring a similar move in Montana. The House Commerce and Energy Committee voted 9-3 to defer HB1202 to the 41st day of the legislative session—a procedural action that effectively terminates the bill, as the session concludes

Bitcoin treasury giant Strategy Inc., formerly known as MicroStrategy, has once again expanded its massive Bitcoin portfolio, purchasing an additional 20,356 BTC between February 18 and February 23 for approximately $1.99 billion, according to an 8-K filing with the U.S. Securities and Exchange Commission. The latest acquisition was made at an average price of $97,514

Montana’s bid to diversify its public funds by investing in Bitcoin was decisively blocked on Friday when House Bill 429 failed to pass through the state’s House of Representatives. The bill, introduced earlier this month by Representative Curtis Schomer, proposed the creation of a special revenue account that would allocate up to $50 million for

The massive $1.46 billion heist targeting Bybit has taken a new turn as North Korean hackers have begun laundering the stolen funds, according to blockchain intelligence firm Elliptic. In a blog post on Saturday, Elliptic revealed that over $140 million in stolen crypto has already been funneled through complex laundering techniques, aimed at obscuring the

In a devastating incident that has shaken the crypto community, a 23-year-old trader known as @MistaFuccYou, also referred to as “Im really poor,” took his own life during a livestream on X after losing his last $500 in a meme coin rug pull. Before pulling the trigger, he loaded a revolver on stream and declared,

Ethereum (ETH) saw a notable 2.3% price increase over the past 24 hours, spurred by reports that crypto exchange Bybit has begun purchasing large amounts of ETH in the wake of the significant security breach of the last 48 hours. The rise in ETH comes after Bybit, which recently suffered a $1.5 billion hack—allegedly carried

In line with the expanding interest in cryptocurrencies beyond Bitcoin, asset management giant Franklin Templeton has officially filed for a spot Solana exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). This initiative aims to provide investors with direct exposure to Solana (SOL), a blockchain platform recognized for its high-performance capabilities and rapidly

In a striking case intertwining romance and cryptocurrency, 22-year-old Maissa Jebali from South Florida faces serious charges after allegedly stealing over $850,000 worth of a Trump-themed Solana meme coin from her ex-boyfriend, Anthony Bravo. The incident has not only led to criminal charges but also potential deportation proceedings for Jebali. According to an affidavit from

Ye, the artist formerly known as Kanye West, is preparing to launch his own cryptocurrency token, YZY, in an attempt to bypass traditional platforms that have distanced themselves from him amid ongoing controversies. According to CoinDesk who cited three sources close to the project, the YZY token will serve as a means for Ye to

OpenSea has made a powerful comeback in the NFT marketplace, reclaiming dominance with a massive surge in market share. Over the past week, OpenSea’s grip on Ethereum NFT marketplace volume skyrocketed to 71.5%, a staggering rise from just 25.5% four weeks ago. This explosive growth follows the announcement of its native SEA token on February

In a strategic move to enhance global payment solutions, Tether, the issuer of the widely used stablecoin USDT, has spearheaded a $10 million funding round for MANSA, a fintech company specializing in cross-border payment services. This investment aims to address liquidity challenges in international transactions, particularly benefiting businesses in emerging markets. This pre-seed funding was