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Chimamanda U. Martha



Articles by Chimamanda U. Martha

Number of Starknet’s Active Users Drops Over Airdrop Criticism

1 day ago

[unable to retrieve full-text content]CoinspeakerNumber of Starknet’s Active Users Drops Over Airdrop Criticism
Many users voiced their grievances on social media platforms and the project’s Discord channel, expressing disappointment at being left out of the token distribution despite their contributions to the network.
Number of Starknet’s Active Users Drops Over Airdrop Criticism

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Y Combinator to Extend Investment Focus to Stablecoins and AI Ventures

2 days ago

[unable to retrieve full-text content]CoinspeakerY Combinator to Extend Investment Focus to Stablecoins and AI Ventures
YC envisions stablecoin adoption mirroring the trajectory of digital music, which shifted from being associated with illegal file sharing in the early 2000s to becoming the standard.
Y Combinator to Extend Investment Focus to Stablecoins and AI Ventures

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Aptos Partners with Jambo to Empower Web3 Users in Developing Countries, Reveals JamboPhone

5 days ago

[unable to retrieve full-text content]CoinspeakerAptos Partners with Jambo to Empower Web3 Users in Developing Countries, Reveals JamboPhone
Both partners have rolled out a new crypto smartphone dubbed JamboPhone to make it easy for users in developing nations to access the Aptos blockchain.
Aptos Partners with Jambo to Empower Web3 Users in Developing Countries, Reveals JamboPhone

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Telefónica Partners Chainlink to Improve Web3 Security and Prevent SIM Swap Attacks

6 days ago

[unable to retrieve full-text content]CoinspeakerTelefónica Partners Chainlink to Improve Web3 Security and Prevent SIM Swap Attacks
To combat fraud, Telefónica and Chainlink plan to leverage Chainlink Functions, a Web3 developer solution, to connect Telefónica’s OpenGateway APIs with the GSMA Open Gateway. 
Telefónica Partners Chainlink to Improve Web3 Security and Prevent SIM Swap Attacks

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Robinhood Strong Performance Boosts HOOD Stock amidst Crypto and Trading Rebound

7 days ago

[unable to retrieve full-text content]CoinspeakerRobinhood Strong Performance Boosts HOOD Stock amidst Crypto and Trading Rebound
Robinhood outlined its 2024 expense plan, which includes investments in new products such as a professional trader offering on its website, index options, and futures.
Robinhood Strong Performance Boosts HOOD Stock amidst Crypto and Trading Rebound

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Deutsche Telekom Partners with Fetch.ai Foundation to Drive AI and Blockchain Innovation

8 days ago

[unable to retrieve full-text content]CoinspeakerDeutsche Telekom Partners with Fetch.ai Foundation to Drive AI and Blockchain Innovation
As part of its collaboration with the Fetch.ai Foundation, Deutsche Telekom’s MMS will take part in Europe’s largest IoT and AI hackathon, the Bosch Connected Experience (BCX), scheduled for February 28 and 29. 
Deutsche Telekom Partners with Fetch.ai Foundation to Drive AI and Blockchain Innovation

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Popular Bitcoin Proponent Gabor Gurbacs Praises Satoshi Nakamoto’s Disappearance 

9 days ago

[unable to retrieve full-text content]CoinspeakerPopular Bitcoin Proponent Gabor Gurbacs Praises Satoshi Nakamoto’s Disappearance 
Due to the anonymity of the Bitcoin creator, many people have come forward to claim his fame. However, no one has successfully proved beyond reasonable doubt that they are Nakamoto. 
Popular Bitcoin Proponent Gabor Gurbacs Praises Satoshi Nakamoto’s Disappearance

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DeFi Protocol Pendle Finance Inches Closer to $1B Total Value Locked

12 days ago

[unable to retrieve full-text content]CoinspeakerDeFi Protocol Pendle Finance Inches Closer to $1B Total Value Locked
With its innovative approach to yield generation, Pendle has emerged as a beacon of innovation within the DeFi landscape.
DeFi Protocol Pendle Finance Inches Closer to $1B Total Value Locked

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ADGM Teams Up with Solana to Boost DLT Projects in Abu Dhabi

12 days ago

[unable to retrieve full-text content]CoinspeakerADGM Teams Up with Solana to Boost DLT Projects in Abu Dhabi
Hamad Al Mazrouei, CEO of the ADGM registration authority, described the collaboration as a "key milestone" in strengthening ADGM’s position in the blockchain sector.
ADGM Teams Up with Solana to Boost DLT Projects in Abu Dhabi

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Thai SEC Files Legal Charges against Former Zipmex CEO for Alleged Fraud

13 days ago

[unable to retrieve full-text content]CoinspeakerThai SEC Files Legal Charges against Former Zipmex CEO for Alleged Fraud
Earlier this month, financial authorities ordered Zipmex Thailand to cease digital asset trading and brokerage services on the platform.
Thai SEC Files Legal Charges against Former Zipmex CEO for Alleged Fraud

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Crypto Liquidity Provider B2C2 Secures VASP License in Luxembourg

14 days ago

[unable to retrieve full-text content]CoinspeakerCrypto Liquidity Provider B2C2 Secures VASP License in Luxembourg
B2C2 said in the press release that the registration will pave the way for the company to engage in collaborations with local VASPs, traditional financial institutions, and other stakeholders in the Luxembourg market. 
Crypto Liquidity Provider B2C2 Secures VASP License in Luxembourg

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AI-Generated IDs for $15 Threaten Crypto Exchange KYC Standards

15 days ago

[unable to retrieve full-text content]CoinspeakerAI-Generated IDs for $15 Threaten Crypto Exchange KYC Standards
The emergence of OnlyFake poses significant concerns for the crypto ecosystem, particularly in combating fraudulent activities.
AI-Generated IDs for $15 Threaten Crypto Exchange KYC Standards

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Elon Musk-Inspired Meme Coin TROLL Plummets 58% in 24 Hours

21 days ago

[unable to retrieve full-text content]CoinspeakerElon Musk-Inspired Meme Coin TROLL Plummets 58% in 24 Hours
Meanwhile, the decline in TROLL is not an isolated incident among Musk-inspired meme coins that experienced a significant drop following a price surge.
Elon Musk-Inspired Meme Coin TROLL Plummets 58% in 24 Hours

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US Bitcoin ETFs Attract $255 Million in Investments

22 days ago

[unable to retrieve full-text content]CoinspeakerUS Bitcoin ETFs Attract $255 Million in Investments
While Grayscale’s GBTC saw outflows running in millions on Monday, companies like BlackRock and Fidelity received a combined net inflow of $406 million on the same day.
US Bitcoin ETFs Attract $255 Million in Investments

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Amazon MGM Is Reportedly Making Film Documentary of $4B Bitfinex Bitcoin Heist

23 days ago

[unable to retrieve full-text content]CoinspeakerAmazon MGM Is Reportedly Making Film Documentary of $4B Bitfinex Bitcoin Heist
The plot centers around Morgan and Lichtenstein, the masterminds behind the 2016 hack of Bitfinex, which led to their arrest in February 2022. 
Amazon MGM Is Reportedly Making Film Documentary of $4B Bitfinex Bitcoin Heist

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Investors Encourage Reddit to Aspire for $5B Valuation in Upcoming IPO

23 days ago

[unable to retrieve full-text content]CoinspeakerInvestors Encourage Reddit to Aspire for $5B Valuation in Upcoming IPO
As part of the planned IPO Reddit intends to sell approximately 10% of its shares. And it is a decision that will significantly influence the final IPO valuation.
Investors Encourage Reddit to Aspire for $5B Valuation in Upcoming IPO

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Canaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts

26 days ago

[unable to retrieve full-text content]CoinspeakerCanaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts
Canaan disclosed in the SEC’s Form 6-K filing that the new funding round would enhance its research and development capabilities, support innovation in its crypto mining rigs, and expand its production scale.
Canaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts

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Bybit: Bitcoin ETF Approval Marks Watershed Moment for Investors

January 16, 2024

Since the launch of the BTC ETFs last week, the industry has recorded a significant inflow of BTC products compared to other ETFs in the market.

Cryptocurrency exchange Bybit said on Tuesday that the recent approval of the first spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States represents a “watershed moment” for retail investors.
On January 10, 2024, the Securities and Exchange Commission (SEC) granted approval to 11 prominent financial companies, including Grayscale Investments, Ark Invest, and BlackRock, enabling them to introduce spot-BTC ETFs to their customers.

This move marked a historic integration of crypto-related products with the traditional finance industry in America.
Bybit said in a blog post on January 16 that the introduction of such investment

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Google Cloud Joins Flare Blockchain as Validator 

January 15, 2024

Google Cloud also said Flare has become part of the Google for Startups Program, which aims to accelerate the growth of Web3 startups.

Google Cloud, the cloud computing and data storage unit of the technology giant Google, has entered into a strategic partnership with the Flare blockchain to join the network as a validator.
The cloud unit has become the latest corporate institution to join the growing list of validators on Flare, verifying blocks, confirming transactions, and proposing new updates to the protocol. These efforts contribute to bolstering security and fostering the overall growth of the Flare blockchain ecosystem.

Google Cloud to Provide Infrastructure Solutions to Flare
According to a Monday press release, Google Cloud will also serve as a key infrastructure provider

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Binance Unveils 2023 Full-Year Market Performance Report

January 15, 2024

The Binance report revealed that on-chain metrics indicated a remarkable resurgence in gaming activity in 2023.

Binance, the world’s largest cryptocurrency exchange by trading volume, has released its yearly report on the digital assets industry for 2023 and a possible outlook for the new year.
In a blog post published on January 15, 2024, the company revealed that the industry witnessed a significant comeback with a 109% increase in total market capitalization after the year-long turbulence in 2022.

Market Resilience amidst Turbulence
The report, authored by the Binance research team, JieXuan Chua, CFA, Moulik Nagesh, Shivam Sharma, and Brian Chen, revealed that the market uptick was driven by substantial gains in the first (Q1) and fourth quarter (Q4) of 2023.
Binance attributed

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UN Flags Increased USDT Stablecoin Use in Money Laundering across Asia

January 15, 2024

Despite the increasing involvement of the USDT stablecoin in criminal activities, the UN has reported that law enforcement authorities have successfully dismantled various money laundering organizations responsible for transferring illegal funds using USDT.

The United Nations (UN) has warned that Tether’s USDT stablecoin has become the preferred cryptocurrency for money laundering schemes and other illicit activities in Asia.
The Financial Times reported Monday, citing a report published by the UN’s Office of Drug and Crime Unit, that nefarious actors in Southeast Asia are using the digital assets to engage in fraudulent activities, including the infamous romance scam known as pig butchering.

Rising Criminal Activities Involving Tether
The UN’s Office of Drug and Crime Unit

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Senator Elizabeth Warren Criticizes SEC’s Approval of Bitcoin ETFs

January 12, 2024

While Warren has expressed her dissatisfaction with the approval of the 11 BTC ETFs, some lawmakers in the US support the SEC’s decision.

In a recent development, US Senator Elizabeth Warren, a key Democratic figure from Massachusetts and a Senate Banking Committee member, has strongly criticized the Securities and Exchange Commission (SEC) for its recent approval of spot Bitcoin exchange-traded funds (ETFs).
On January 10, 2024, the SEC authorized 11 asset managers in the US to offer Bitcoin (BTC) spot ETFs for customers in the region. The move marked the first introduction of such investment products in the nation.

Now, Senator Warren is criticizing the financial regulator for approving the products despite the absence of a clear regulatory framework to oversee the industry.

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Solana Overtakes Ethereum in Google Search Interest

December 29, 2023

In terms of regional search, Google Trends revealed that countries such as Spain and the Philippines took the lead. People in these nations recorded more users searching for the term Solana than Ethereum. 

In 2023, searches on Google for “Solana” surpassed those for “Ethereum” for the first time since the launch of both cryptocurrencies in 2020 and 2015, respectively.
The move comes after the digital asset flipped XRP as the fifth largest crypto in the world, according to market capitalization on December 21.

The Proof-of-Stake (PoS) protocol continued its upward movement, overtaking BNB with a market capitalization of $41.9 billion the following day. SOL briefly claimed the fourth position among the top five digital assets before retracing its steps to the fifth spot, previously

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Avalanche Foundation Expands Culture Catalyst Initiative to Embrace Meme Coins

December 29, 2023

For the planned investments in selected meme projects on the Avalanche network, the non-profit has outlined specific requirements for eligibility in the program. 

Avalanche Foundation, the non-profit group overseeing the development of the Avalanche blockchain, has announced its intention to allocate a portion of the Culture Catalyst Funds to support meme coins.
According to a statement on X (formerly Twitter), the move is aimed at acknowledging the cultural and entertaining aspects symbolized by meme coins, with the foundation planning to acquire select Avalanche-based meme coins to build a curated collection.

From NFTs to Meme Coins
The non-profit organization initially rolled out the Culture Catalyst initiative in March 2022 with $100 million funding to propel the adoption of the

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Chinese Smartphone Producer Xiaomi Launches First EV

December 28, 2023

The sale of the newly launched Xiaomi EV will officially kick start next year at an undisclosed date.

Chinese mobile phone manufacturer Xiaomi has made a foray into electric vehicle (EV) technology with the launch of its Xiaomi SU7, aiming to compete with global brands like Tesla and Porsche.
The company’s billionaire co-founder Lei Jun initially teased the inaugural vehicle on Tuesday, noting that the car will be officially unveiled at the XiaomiEVTechnologyLaunch today on December 28.

The event is anticipated to last for three hours and Jin plans to provide a comprehensive overview of the newly launched Xiaomi SU7.
Speed Ultra
During the event today, the company said the name Xiaomi SU7 stands for “Speed Ultra,” noting that the electric car is going to be a performance beast.
“Our

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