Mayowa Adebajo

The U.S Department of Justice (DOJ) confirms a California-based Bitcoin exchange operator has now been sentenced to three years in federal prison after being found guilty of “operating an unlicensed business”. According to the reports of the DOJ, the man exchanged no less than $13 million in bitcoin and cash — which was mostly for […]

After seeing her Bitcoin investment multiply more than a 100 times, Hapoalim Bank has reportedly denied Esther Freeman from depositing her profits of about $320K. According to the bank, Mrs Freeman didn’t just become a HODLer overnight, but had used cash for her initial investment which could have been gotten from anywhere. Hapoalim Bank Cites […]

On Friday, co-founder and CEO of both Square and Twitter, Jack Dorsey published a white paper describing the plans that Square has for its decentralized Bitcoin (BTC) exchange tbDEX. However, tbDEX unlike most decentralized exchanges (DEXs), will not feature its own governance token seeing as it will not utilize a trustless model. Rather, its protocol […]

Former presidential candidate, Hillary Clinton, has shared quite the ‘unpopular’ opinion of hers, claiming that while cryptocurrencies are “very interesting and exotic,” they also hold the potential of sabotaging the U.S. Dollar. Speaking at Bloomberg’s New Economy Forum, Hillary noted that despite its very interesting efforts, crypto can potentially threaten currencies in general, undermine the […]

Bitcoin Billionaire Chamath Palihapitiya has now sold 15% of his stake in SoFi —the crypto and stock trading platform and personal finance company. SoFi began operations earlier this year when it entered a merger with a blank-check company led by Palihapitiya. At the time, the company was valued at $8.65 billion but has now seen […]

The NFT Bay is an online private stockroom newly created by an Australian software developer to save non-fungible tokens (NFTs). The safe does not include the blockchain-secured token itself, but the JPEG versions of the NFTS. NFT Bay Is An Educational Art Project — Creator A Geoffrey Huntley —an Australian resident, launched the NFT Bay […]

ConstitutionDAO may have already raised more than $30 million in Ethereum and it’s not even up to a week yet. As earlier reported by TheCoinrise, the decentralized autonomous organization DAO is looking to purchase a copy of the rare U.S Constitution that will be sold at Sotheby’s auction tomorrow at 6:30pm EST. Initially, the DAO […]

A new Decentralized Autonomous Organization DAO is planning to pull resources together in a bid to be able to purchase a first-edition printed copy of the historic U.S. Constitution at Sotheby’s auction. Sotheby’s Auction Slated For Thursday, November 18 The new ConstitutionDAO is dedicated to preserving the U.S. Constitution and has set out on a […]

Russia has reportedly failed to help a group of victims of a now-defunct crypto exchange Wex. According to reports, the victims had filed a request with the Russian Ministry of Interior to help do its part, by blocking crypto funds that were removed from a wallet controlled by Wex, especially as more than 10,000 ETH […]

According to the head of energy research at Goldman Sachs, Damian Courvalin, gold may now be the poor man’s crypto just like the general saying that silver is the poor man’s gold.  Courvalin has noticed funds beginning to make its way from gold into bitcoin as inflation fears continue rising. Goldman Sachs Speaks About Gold […]

CR2 has recently released a report on the ongoing fintech financial revolution in Africa, and according to the report, the traditional financial institutions can still be a part of the revolution by leveraging their most significant assets, which is client trust. Traditional Banks Must Enter Into Partnerships For The Fintech Financial Revolution The report highlighted […]

A Chinese official has reportedly been barred after allegedly abusing his administrative powers to undermine a standing political order of his party — the Chinese Communist Party CCP. Chinese Official Expelled By Central Committee Identified as Xiao Yi, the man who is also a high-ranking provincial official from Jiangxi province of China was  expelled by […]

MANA has climbed 163.5% in just a matter of two weeks following Facebook’s announcement of its plans to be one of the front runners of the metaverse. MANA Token Gets A Huge Bump MANA — the digital asset token or currency used to pay for goods and services in Decentraland, runs on the Ethereum blockchain. […]

Instagram may be offering a very huge amount of money for creators to post videos on its TikTok competitor Reels, per news reports from the Business Insider and TechCrunch. Meanwhile, Instagram already made the announcement of its bonus program for Reels through Meta CEO Mark Zuckerberg since July. But the information as of that time […]

Nigeria’s CBDC project (e-Naira) might be largely unsuccessful as a result of the existent mistrust between the Nigerian government and its people, says experts. Mistrust, A Major Threat To The Success of Nigeria’s CBDC According to an analyst Ronak Gadhia of EFG Hermes, the general belief that the government will have access to all e-naira […]

The Ethereum Name Service has now topped $1 billion market capitalization following its November 8 airdrop of ENS tokens. But that’s not all, as there are several other positive metrics for the service. Ethereum Name Service Hits $1 Billion Market Cap Recall that around September 2020, decentralized Uniswap surprised its users with a retroactive airdrop: […]

The total asset under management AUM of Crypto firm Grayscale has now surpassed that of the world’s most liquid and largest asset gold ETF. Topping $60 billion in AUM, the digital asset manager has now surpassed the AUM of SPDR Gold Shares, arguably the world’s most liquid gold exchange-traded fund (ETF). Grayscale Announces Its Superior […]

Bitcoin price may be in trouble for a number of reasons ranging from the uncertainty surrounding Chinese property giant Evergrande, and fears about the stock market and Tether’s reserves. Recent Bitcoin Price Crash Linked With Conflicting Evergrande News Reports Just a few hours prior to the crash of Bitcoin price yesterday, news made rounds that […]