PANews reported on October 2nd that Alexander Hagen, CEO of Ace Digital, a Norwegian Bitcoin treasury company, published a post on the X platform revealing that he had increased his holdings of 1.59 BTC at a price of US$114,650 (approximately NOK 1,842,040) through the K33 platform, bringing his spot Bitcoin holdings to 25. If Deribit derivatives positions are included, the current total holdings are approximately 59.3 BTC.



While Silicon Valley dominates Web2, emerging markets like the UAE and Singapore lead DePIN adoption with better regulations and real infrastructure needs. Opinion by: Yanal M. Hammouda, head of market expansion at WingbitThe decentralized physical infrastructure network (DePIN) sector saw $150 million of capital flow during Q1 2025, with a projected market size of $3.5 trillion by 2028. Yet the most significant development isn’t the capital raised but where these networks operate. Emerging markets like the Middle East, Southeast Asia and South America — rather than Silicon Valley — are driving the future of DePIN adoption. Read more