Nigerian cryptocurrency platform Patricia has unilaterally converted users’ outstanding funds into its own Patricia Token (PTK) stablecoin.
The decision to convert the funds was made by the platform three months after a hacker attack in which Patricia lost $2 million worth of bitcoins and other assets
Isla MacKenzie covers Web3 culture, NFTs and the metaverse from Edinburgh. A former product writer at Sky and CodeBase, she has been on the BTCNews team since 2022 and runs our weekly Creators newsletter. Isla studied Digital Humanities at the University of Edinburgh and was named one of CityAM's '30 Under 30 in Crypto' in 2024. She writes about culture without losing sight of the underlying tech.
