Mayowa Adebajo

U.S. Securities and Exchange Commission (SEC) chairman, Gary Gensler, says that crypto won’t end well if it stays outside regulations. His statement may be in reply to the wide criticisms that has greeted the commision’s approach towards enforcing strict regulations of the crypto industry. SEC Chair Says Crypto Won’t End Well If It Stays Outside […]

Kraken is set to pay a fine of $1.25 million for allowing U.S. residents to carry out transactions that are considered illegal. According to a statement made by the Commodity Futures Trading Commission (CFTC) on Tuesday, while the cryptocurrency exchange failed to register as a futures merchant, it also allowed U.S. traders to trade margin […]

A disgruntled group of Texas law enforcement personnels are suing Tesla following an unfortunate incident that happened on Monday. The lawsuit follows, after one of Tesla’s Model X on Autopilot, crashed into five officers of the Texas Police Department. The suit was first reported by KPRC 2 in Houston. According to eye witness reports, the […]

Anthony Scaramucci has criticized the widely circulating ‘crypto investment boom’, as he claims that it’s not very true. The CEO of Skybridge Capital, a multi-asset class investment company, had this to say during an interview with Bloomberg last week. Speaking to the news agency, Scaramucci says that the institutional investment boom, is plainly a wishful […]

Ford has just partnered with SK Innovation, a South Korean manufacturer, and will be spending a combined $11.4 billion to build new factories for the production of its electric vehicles (EVs), as well as the batteries that will power them. The new factories, which are located in Tennessee and Kentucky of the U.S., will be […]

The e-naira website has now reportedly gone live ahead of the official launch of Nigeria’s digital currency, which is slated for October 1, 2021. From informations gathered about the e-naira on the website, the digital currency is issued by the Central Bank of Nigeria (CBN), and will be providing a unique form of money denominated […]

Central Bank of Chile will be making a decision regarding the best strategy to employ when it finally begins to rollout its own digital currency in 2022. This was confirmed on Monday by the President of the bank, even as policymakers around the world struggle to keep up with the fast spreading cryptocurrencies. The alarming […]

Bitcoin miners are now turning their attention to nuclear energy as many of them continue to look for ways to reduce carbon emissions to the barest minimum.  Serious criticisms have greeted the adverse effect the industry has on the environment. As a fact, there is a lot of growing concerns about the heavy carbon footprints […]

The Cardano blockchain has been reportedly chosen to pilot the powering of the AI modules of Grace, a humanoid robot. Grace, who is said to be fluent in both the Korean and English languages, is actually designed by Awakening Health and SingularityNET. The robot nurse will be quite a useful one, even on the commercial […]

Ethereum prices staged a comeback on Sunday, September 26 following a massive plunge earlier in the week.  Its price which went as low as $2,651 on Coinbase, is now back on the $3,030 mark. The ETH/USD exchange rate was seen rising by 3.63% on the day, bringing its rise to a 14.3%  upward recovery from […]

Upbit, and 3 others are the only surviving South Korean crypto exchanges after the September 24 deadline issued by regulators. While there are 66 crypto exchanges based out in South Korea, only 29 of them had raced against time to meet the deadline. However, just 4 out of the 29 have met the requirements, and […]

Fantom foundation has now launched a new NFT Marketplace dubbed Artion. The marketplace which is built on the Fantom network, will be aiming to stand shoulder to shoulder with the many other NFT markets presently available. Artion is also boasting of 0% commissions, with transactions coming at almost no cost. Fantom Unveils ‘Artion’ Beta Version […]

Side-eyeing Chloe meme which sent the internet into a frenzy some 8 years ago, has now been sold as a non-fungible token (NFT). According to BBC reports on Saturday, the NFT sold for about $74,000. In the meme, we saw a two-year-old girl, Chloe Clem, giving her mother, quite the dissatisfied stare following their surprise […]

USDC, the second largest stablecoin according to market valuation, has reportedly added over $10 billion in just 125 days. This makes the capitalization of USDC reach a whopping $30.9 billion from the $20.4 billion it was, as at May 23, 2021. USDC Becomes The Second Largest Stablecoin As at today September 25, 2021, a total […]

U.S. senator, Pat Toomey has called out Gary Gensler, the present chairman of the U.S. Securities and Exchange Commission (SEC). The high ranking senator in his letter to the SEC chairman, explained that there is need for SEC to really say in clear terms, how to be in line with crypto regulations. Pat also said […]