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Mayowa Adebajo



Articles by Mayowa Adebajo

Asset Manager VSFG Joins Race for Spot Bitcoin ETF Approval in Hong Kong

1 day ago

[unable to retrieve full-text content]CoinspeakerAsset Manager VSFG Joins Race for Spot Bitcoin ETF Approval in Hong Kong
The prospect of spot Bitcoin ETFs gaining approval in Hong Kong represents a significant step toward the mainstream adoption of digital assets in the region.
Asset Manager VSFG Joins Race for Spot Bitcoin ETF Approval in Hong Kong

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Binance Top Exec Flees Detention in Nigeria

3 days ago

[unable to retrieve full-text content]CoinspeakerBinance Top Exec Flees Detention in Nigeria
Anjarwalla, Binance’s Africa regional manager, alongside the financial crime compliance officer Tigran Gambaryan, was arrested and detained on February 26, 2024.
Binance Top Exec Flees Detention in Nigeria

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Blockchain Layer 2 Network Arbitrum Set to Expand as $2.32B Token Unlock Nears

15 days ago

[unable to retrieve full-text content]CoinspeakerBlockchain Layer 2 Network Arbitrum Set to Expand as $2.32B Token Unlock Nears
With the burgeoning popularity of blockchain-based gaming, it comes as no surprise that Arbitrum has made gaming a top priority that must be achieved within the year.
Blockchain Layer 2 Network Arbitrum Set to Expand as $2.32B Token Unlock Nears

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22 Crypto Firms Seek Operational Licenses in Hong Kong

27 days ago

[unable to retrieve full-text content]Coinspeaker22 Crypto Firms Seek Operational Licenses in Hong Kong
Jurisdictions like Hong Kong offer a middle ground, balancing investor protection with fostering innovation and economic growth.
22 Crypto Firms Seek Operational Licenses in Hong Kong

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Forbes Establishes Permanent Residence in The Sandbox Metaverse: Landmark Move in Virtual Economy

February 20, 2024

[unable to retrieve full-text content]CoinspeakerForbes Establishes Permanent Residence in The Sandbox Metaverse: Landmark Move in Virtual Economy
In addition to enhancing its brand visibility and audience engagement, the presence of Forbes in the Sandbox Metaverse is expected to open up new revenue streams.
Forbes Establishes Permanent Residence in The Sandbox Metaverse: Landmark Move in Virtual Economy

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Japan Grants VC Firms Direct Crypto Investment Approval

February 19, 2024

[unable to retrieve full-text content]CoinspeakerJapan Grants VC Firms Direct Crypto Investment Approval
Cabinet’s decision has set the tone for a potential legal reform that will allow Japanese venture capital firms to invest in projects that issue virtual currencies.
Japan Grants VC Firms Direct Crypto Investment Approval

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Uniswap Unveils V4 amid Ethereum’s Upcoming Dencun Upgrade

February 16, 2024

[unable to retrieve full-text content]CoinspeakerUniswap Unveils V4 amid Ethereum’s Upcoming Dencun Upgrade
In the wake of this momentous announcement, eyes turn toward the future as Uniswap V4 prepares to redefine the boundaries of DeFi.
Uniswap Unveils V4 amid Ethereum’s Upcoming Dencun Upgrade

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Forbes Names Crypto Firms Chainalysis, Fireblocks, and Gauntlet among Top 50 Fintech Companies of 2024

February 14, 2024

[unable to retrieve full-text content]CoinspeakerForbes Names Crypto Firms Chainalysis, Fireblocks, and Gauntlet among Top 50 Fintech Companies of 2024
Forbes’ recognition of Chainalysis, Fireblocks, and Gauntlet underscores the growing significance of cryptocurrency and blockchain technology.
Forbes Names Crypto Firms Chainalysis, Fireblocks, and Gauntlet among Top 50 Fintech Companies of 2024

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Crypto Firm Bakkt Reportedly Runs Low on Cash

February 8, 2024

[unable to retrieve full-text content]CoinspeakerCrypto Firm Bakkt Reportedly Runs Low on Cash
According to Bakkt, all hope is not lost though. The firm has put forward a new plan that it believes will set it right back on the path to success.
Crypto Firm Bakkt Reportedly Runs Low on Cash

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Decentralized Social Media App Bluesky Opens to Public

February 7, 2024

[unable to retrieve full-text content]CoinspeakerDecentralized Social Media App Bluesky Opens to Public
Company’s CEO Graber confirms that Bluesky currently has about 1.6 million monthly users and about 25,000 custom feeds.
Decentralized Social Media App Bluesky Opens to Public

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Pixelmon Completes $8M Seed Round to Boost Web 3.0 Game Goals

February 2, 2024

[unable to retrieve full-text content]CoinspeakerPixelmon Completes $8M Seed Round to Boost Web 3.0 Game Goals
Pixelmon appears to be well on its path to recovery given the support it has received from other credible Web3.0 projects that participated in the latest seed round.
Pixelmon Completes $8M Seed Round to Boost Web 3.0 Game Goals

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China’s Police Seizes £1.4B Worth of Bitcoin from Local Woman, Here’s Why

January 31, 2024

[unable to retrieve full-text content]CoinspeakerChina’s Police Seizes £1.4B Worth of Bitcoin from Local Woman, Here’s Why
Contradicting statements made by Wen have led the leading prosecutor Gillian Jones to believe that there may be more than she is letting on.
China’s Police Seizes £1.4B Worth of Bitcoin from Local Woman, Here’s Why

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Robinhood Lists All 11 New Spot Bitcoin ETFs

January 12, 2024

US-based customers may now access all 11 spot Bitcoin ETFs in both retirement and brokerage accounts through Robinhood Financial.

Robinhood has stayed true to its word by listing all new spot Bitcoin exchange-traded funds (ETFs) on its platform. The US Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs on Wednesday, including funds from BlackRock, Grayscale, Fidelity, Invesco, Valkyrie, Bitwise, Hashdex, BZX, VanEck, WisdomTree, and Franklin Templeton.
Shortly after the landmark decision by the SEC to approve those spot Bitcoin ETFs, Robinhood CEO Vlad Tenev revealed the company’s next line of action.

Exciting update from Washington today! As a pioneer in offering spot crypto trading, Robinhood is thrilled about the @SECGov’s decision to approve spot Bitcoin ETFs.

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Trump Sells Off Millions in Ethereum Following Woeful NFT Business

December 28, 2023

Trump’s recent sell-offs have triggered speculations that he may have lost interest in crypto and may be seeking to cash in on all of his holdings.

Former president of the United States of America Donald Trump has sold no less than $2.4 million worth of Ethereum (ETH) over the past three weeks. That is according to a report by blockchain intelligence firm Arkham.
The latest report follows after Trump reportedly made the third attempt to recharge his NFT trading card business. However, seeing as the attempt yielded very little success, the former president may now be letting go of his crypto holdings, especially the ones he acquired as NFT royalties.

Per Arkham, Trump began sending Ethereum to the Coinbase exchange in early December. And over three weeks, he sold at least 1,075 ETH

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Crypto Users May Hit 1B in 2024, Bitfinex Analysts Claim

December 22, 2023

According to analysts at Bitfinex, crypto is undoubtedly gaining more traction globally. Moreover, considering the current state of the crypto market, especially with asset prices, it appears that even more global acceptance is on the way for crypto.

Bitfinex analysts have made a bold prediction about the number of users that we might expect to see in the crypto industry come 2024. Their prediction, which was detailed in a recent report suggests that the number of crypto users may be headed to around one billion in the coming year. However, they also clarified that much growth can only be achieved on the condition that the bullish market trends remain.
The analysts shared in the report that global crypto users, as of December 1, had already climbed to 575 million. They also noted that

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Marathon Digital (MARA) Stock Surges Over 628% YTD amid Significant Drop from ATH

December 22, 2023

Recent reports demonstrate that Marathon Digital has been eager to expand its business.

The stock of Bitcoin mining company Marathon Digital Holdings Inc (NASDAQ: MARA) has so far seen remarkable growth in 2023. This follows after it surged 628.82% since January 1 to bring its current price to $26.47 on MarketWatch.
Although the stock price shows a major decline from its all-time high of $166.40, it also indicates an appreciable gain over the last 12 months.

The rise of MARA, however, has been linked to two separate events that have grown increasingly popular and are believed to be responsible for the buzz around Bitcoin (BTC) and its future price.
What Analysts Say About Marathon Digital’s (MARA) Stock Rise
According to experts, the ongoing MARA surge may be closely tied to a

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Bitcoin Price Eyes $44K Mark as Crypto Market Cap Is Close to $1.7T

December 21, 2023

The overall crypto market cap was close the $1.7 trillion mark on Wednesday, signaling that more money might be flowing into the crypto industry.

Bitcoin (BTC) price rebounded from some of its losses from yesterday, edging close to the $44,000 level early Thursday morning. Recall that on Wednesday, US stocks recorded an unexpected drop that saw the S&P 500 index closing 1.42% lower on the day.
This drop, albeit unsurprisingly, was enough to impact riskier assets like Bitcoin and the rest. And as a result, the broader market immediately went into a decline with major tokens taking significant hits.

Solana (SOL) and Avalanche (AVAX), for example, have recently been in the news for their high performance and massive gains. However, both also plunged on Wednesday, as a further

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Elastos Floats Bitcoin Layer 2 Offering to Maximize BTC Staking Demand

December 20, 2023

Elastos aims to use BeL2 to allow users to stake their Bitcoin holdings directly on the service.

Blockchain network Elastos may have devised a strategy to take advantage of the current high demand for Bitcoin (BTC) staking on its platform. This follows after it launched BeL2, a Bitcoin layer-2 network, in a supposed effort to retain the billions of dollars in BTC volumes that currently flow from the staking tools it offers.
According to Elastos developers, BeL2 is an upgrade to the base Bitcoin blockchain. And that is especially true in the way that it permits more sophisticated Bitcoin transactions such as smart contracts and irreversible digital agreements.

Meanwhile, Sasha Mitchel, head of strategy at BeL2, has hailed the new launch. Mitchel noted that it has always been odd that

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Injective (INJ) Price Reaches Another All-Time High after Nearly 3000% Increase in 2023

December 19, 2023

One of the major factors behind the Injective price increase is the surge in trading volumes for INJ perpetual futures contracts which recently surpassed $25.5 billion in 24 hours.

The price of crypto asset Injective (INJ) has seen an impressive explosion in 2023, surging almost 3000% in the process. The rapid price rise has also brought the asset to new all-time highs ATH as it continues to trade in greens. Recall that the asset recently reached a $34.64 ATH on December 15 before retracing its steps.
Injective (INJ) Price History
The price of Injective has embarked on a wild uptrend since the start of 2023. As seen in the image below, INJ was still trading at $1.27 at the start of the year. Its trading volume at the time was also around $4.5 million.

Today, however, INJ was seen

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S&P Global Ratings Launches Stablecoin Assessment, Slams Tether’s USDT with Negative Review

December 13, 2023

S&P Global Ratings senior analyst Lapo Guadagnuolo believes that the growth of stablecoins does not mean that they are immune to risk factors.

The S&P Global Ratings introduced a stability assessment for stablecoins on Tuesday. According to S&P Global, the idea is to determine how truly “stable” the coins are in maintaining their pegs to whatever fiat they are tied to.
In total, the producer of the S&P 500 assessed eight stablecoins. They include Dai (DAI), Gemini (GUSD), First Digital USD (FDUSD), Tether (USDT), Frax (FRAX), Pax (USDP), USD Coin (USDC), and TrueUSD (TUSD).

In its assessment, S&P Global first considered what it said is the “quality of the assets backing the stablecoin”. It then went on to base the overall quality assessment on factors such as custody risks, credit,

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Solana’s BONK to List on American Exchange Coinbase as Bonk Price Surges 8%

December 13, 2023

Reacting to Coinbase’s announcement, BONK quickly took to its heels, gaining nearly 8% in value to reach $0.00001132.

Solana-based memecoin Bonk (BONK) is set to be listed on Coinbase, a major US-based cryptocurrency exchange. This was revealed in an announcement by the exchange on Wednesday as it unveiled its listing roadmap via a blog post.
According to Coinbase’s statement, it will henceforth use blogposts such as the latest one, to announce every asset listing decision. This is aimed at increasing transparency by providing some sort of information balance, the platform says.

Coinbase also seized the opportunity to warn users against rushing to deposit these experimental assets. The exchange instructed them to wait until they got an official announcement about a full listing

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Binance Announces Resolution with US Agencies, Shares Compliance Improvement

December 12, 2023

Binance says it has agreed to a robust monitorship for its compliance and sanctions control programs.

Popular crypto exchange Binance has revealed that it has made significant progress with regulators. This follows after its recent run-in with regulatory bodies such as the US Securities and Exchange Commission (SEC) and the (CFTC).
In a Tuesday blog post, the exchange acknowledged that it may have done things a bit wrongly in the past. That is, it may have not considered how quickly it was growing as a firm, to update its compliance controls.

Binance Welcomes Scrutiny and Is Currently Cooperating with Regulators
In light of recent events, Binance has reiterated its commitment to regulatory compliance. The firm stated that it is always open to scrutiny as it understands that that

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Circle: 51% of Consumers Latin America Use Digital Assets for Purchases

December 12, 2023

Latin America has identified that regulated, blockchain-based financial services will soon be the order of the day.

The world of finance, as we have it today, has changed drastically, and stablecoins and tokenized data may be at the center of this change. So much so, that what used to be a difficult task for businesses and private individuals, especially in international payments and settlements, has now become significantly easier.
For clarity, transactions worth over $7 trillion were settled globally using stablecoins in 2022 alone.  Showing even more potential this year, the evolution of blockchain technology is more than evident.

Taking the Lead Position
According to a recent insight report by USDC issuer, Circle, LATAM may be looking to spearhead this new revolution. The region

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