Patrick Adeka

In a landmark decision that could significantly influence U.S. trade and digital asset policy, the U.S. Senate confirmed Howard Lutnick as the 41st Secretary of Commerce on February 18, 2025, with a narrow 51-45 vote. Lutnick, the long-standing CEO of Cantor Fitzgerald, brings a unique blend of Wall Street experience and strong crypto advocacy to

Quick Facts: President Donald Trump‘s official memecoin project has announced an airdrop of TRUMP tokens valued at approximately $50. This initiative targets individuals who have previously purchased Trump-branded merchandise, offering them a unique digital asset tied to the President’s expanding presence in the cryptocurrency space. Eligible participants include those who have bought items such as

A major crime syndicate operating in Melbourne has been taken down, revealing a rising trend of thefts targeting cryptocurrency ATMs and collectible card stores. The operation led to the arrest of four individuals and the recovery of stolen goods valued at approximately AUD 50,000. Details of the Operation Since mid-January, the syndicate allegedly conducted multiple

Quick Facts: Pushing further, an ugly trend that has continued unabated in the Memecoin world recently, hackers seized control of the Saudi Law Conference’s X account, impersonating Crown Prince Mohammed bin Salman to promote fraudulent cryptocurrencies. The scammers shared contract addresses for two fake tokens, “Official Saudi Arabia Memecoin” and “FALCON Memecoin,” in posts that

Quick Facts: “Despite China’s crypto crackdown, investors are finding new ways to back blockchain innovation—HashKey just secured a major investment. Hong Kong-based HashKey Group has secured a $30 million investment from Beijing-based venture capital firm Gaorong Ventures, boosting its valuation to $1.5 billion. The investment marks a significant milestone for HashKey, a regulated digital asset

Quick Facts: A trading card collector struck gold after purchasing a $50 pack from Cardsmiths’ 2024 Holiday Currency Set, discovering a Bitcoin redemption card valued at over $100,000. The card, redeemable for a full Bitcoin, was one of the rarest finds in the series, which also includes crypto redemption cards for Ethereum, Litecoin, and Dogecoin.

Quick Facts: Binance CEO Changpeng Zhao, popularly known as CZ, has inadvertently ignited a wave of memecoin mania after sharing details about his pet dog. This seemingly innocuous revelation has led to a flurry of activity within the crypto community, with numerous dog-themed memecoins emerging almost instantly. The frenzy began when CZ posted an image

Quick Facts: Japanese investment firm Metaplanet Inc. has raised $25.9 million (¥4 billion) through zero-interest, unsecured bonds to expand its Bitcoin holdings. The Tokyo-based firm secured funds from EVO FUND, aiming to increase its Bitcoin reserves to 21,000 BTC by 2026, marking “Asia’s largest ever” Bitcoin raise. Adjusting its financial plans, Metaplanet will channel all

Quick Stats The United States has reportedly agreed to release Alexander Vinnik, the former operator of the now-defunct BTC-e crypto exchange, as part of a prisoner swap with Russia. The exchange, which brings an end to years of legal battles, saw Vinnik traded for jailed American teacher Marc Fogel, who returned to the U.S. last

Quick Stats Offchain Labs, the development team behind Arbitrum, has implemented Bounded Liquidity Delay (BoLD), a new dispute resolution protocol designed to enable permissionless validation on the Arbitrum Layer 2 network. The upgrade, which was approved through governance voting, is now live on both Arbitrum One and Arbitrum Nova, marking a critical step toward decentralization.

Quick Stats Mirai Labs, an AI-driven startup specializing in autonomous agents, has secured $4 million in a seed funding round led by Mechanism Capital, with additional backing from Oak Grove Ventures, Sophon Foundation, Selini Capital, Bitscale Capital, Manifold, Rubik Capital, Protagonist, Lhava, and other investors. The funding will be used to expand Mirai’s engineering team

Quick Stats: Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger has openly stated that election prediction markets are not going away anytime soon, acknowledging the increasing influence of platforms like Polymarket and Kalshi in financial speculation. Speaking in a webinar hosted by The Federalist Society, Mersinger made it clear that while Congress could step in