PeckShield’s most recent 2023 report revealed losses totaling $2.61 billion, successful recovery efforts, and the …
Patrick Kariuki

Patrick Kariuki
Patrick Kariuki is a contributing crypto writer for Cryptoflies. Patrick is a finance graduate, a Cryptocurrency enthusiast, and a Blockchain technology fanatic. When not writing about crypto, he will be researching ingenious ways to leverage the blockchain technology.
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Bitcoin newsCrypto NewsCryptocurrency
Swan Bitcoin Announces Mining Venture, Eyes Public Listing
by Patrick Kariuki 1 minutes readSwan Bitcoin, a BTC-focused platform, has revealed that its BTC mining venture launched last summer …
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Crypto NewsCryptocurrency
Crypto Giant Terraform Labs Crumbles as it Files for Bankruptcy in the US
by Patrick Kariuki 2 minutes readTerraform Labs, the company whose failed stablecoins caused a $40 billion crypto crash filed for …
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Bitcoin newsCrypto NewsCryptocurrency
BlackRock’s IBIT Emerges as First Spot Bitcoin ETF to Reach $1 Billion AUM
by Patrick Kariuki 2 minutes readThe spot Bitcoin ETF from BlackRock is the top performer among the 11 issuers approved …
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Bitcoin newsCrypto NewsCryptocurrency
Grayscale’s Bitcoin ETF Sees Massive $579 Million Withdrawal by Traders
by Patrick Kariuki 2 minutes readInvestors have withdrawn over half a billion dollars from the Grayscale Bitcoin Trust even before …
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Crypto NewsCryptocurrency
Solana Mobile to Release Second Crypto Smartphone
by Patrick Kariuki 2 minutes readFollowing the surprising success of its first crypto-enabled device, the Saga, Solana Mobile is preparing …
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Bitcoin newsCrypto NewsCryptocurrency
SEC Chair Gensler Clarifies Bitcoin ETF Approval: No Implicit Endorsement, Despite Green Light
by Patrick Kariuki 2 minutes readOn January 10, 2024, 11 spot Bitcoin ETFs were approved by the Securities and Exchange …
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Crypto NewsCryptocurrency
US Bitcoin ETFs Amass $4.6 Billion in Trading Volume on Day One
by Patrick Kariuki 1 minutes readData sourced from LSEG showed that approximately $4.6 billion in the approved spot Bitcoin ETFs …
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Bitcoin newsCrypto NewsCryptocurrency
SEC Chairman Gensler Shares Warning Tips with Crypto Investors Ahead of ETF Decision
by Patrick Kariuki 2 minutes readMixed reactions follow as the SEC Chair delivers unexpected advice to cryptocurrency investors in light …
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Crypto NewsCryptocurrency
$1.2M Bitcoin Transfer to Satoshi Nakamoto’s Wallet Raises Questions
by Patrick Kariuki 2 minutes readIn a notable event, an anonymous cryptocurrency user transferred BTC amounting to $1.2 million to …