Author: Mayowa Adenle

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Mayowa Adenle

I am a crypto analyst. I am responsible for analyzing and predicting trends, pricing, demand, and trading volumes of any number of cryptocurrencies currently available.

Articles by Mayowa Adenle

Binance is considering buying a bank to the gap between traditional financial sector and the crypto sector

2 years ago 1 min read

Changpeng Zhao (CZ), the CEO of Binance, has stated that his team is considering using acquisitions to bridge the gap between the traditional financial sector and the cryptocurrency industry. This opinion was expressed by CZ on Wednesday during a speech at a Web Summit in Lisbon, Portugal. CZ noted that his exchange had previously noticed that whenever banks collaborate with Binance, more users flock to them, increasing their valuation. To “capture some of the equity upsides,” he thinks it would be wise to invest in those financial institutions. Portuguese city of Lisbon, one of the friendlier locations for cryptocurrency investors

Elon Musk Teases Twitter Dogecoin Integration

2 years ago 1 min read

There were rumors about whether Elon Musk’s Twitter would accept Dogecoin payments, and he only fueled them. After months of speculation, drama, and lawsuits, Musk’s acquisition of Twitter was completed in less than a week. Previously, Tesla CEO Elon Musk promised to improve the social media platform by removing bots and fake accounts, among other initiatives. Following the firing of most executives, Musk announced on Twitter a monthly subscription that will allow blue-tick certification, which will differ from the current system of “lords and peasants.” The initial speculation was that it would cost $20 per month, but he stated that

Snowden praises Bitcoin transactions and Satoshi’s anonymity 14 years after the Bitcoin whitepaper was published

2 years ago 1 min read

The enigmatic Satoshi Nakamoto remains anonymous despite certain individuals claiming to be him, with no substantial evidence since the creation of Bitcoin. Edward Snowden, a former computer intelligence consultant who has been on the run since leaking thousands of classified U.S. National Security Agency (NSA) documents to the press, is among those who have been impressed by the speed of Bitcoin’s lightning network, as well as its architect’s continued anonymity. Snowden’s tweet and comments came on October 31, the 14th anniversary of the publication of Nakamoto’s Bitcoin white paper. Snowden expressed his fascination with the network’s “basically instantaneous” transactions and

Steph Curry files trademark for the ‘Curryverse,’ where players earn NFTs

2 years ago 1 min read

Steph Curry files a trademark for the ‘Curryverse,’ where players earn NFTs. On October 26, NBA superstar Steph Curry filed a trademark application for the “Curryverse” metaverse. Steph Curry looks set to introduce his own version of the Metaverse to the NBA’s 650 million fans after filing a “Curryverse” trademark application on Oct. 26. If approved, the trademark application filed by SC30 Inc. in the United States will grant the four-time NBA champion exclusive rights to “entertainment services, namely, personal, virtual, and metaversal appearances.” According to the filing, the “Curryverse” will also offer “virtual world-like online gaming services,” with players

The White House is hosting officials from 40 countries to develop a unified response to ransomware attacks

2 years ago 1 min read

This week, the White House will host an international meeting in Washington to address the growing number of ransomware attacks around the world. The meeting will address other cybercrimes, as well as cryptocurrencies that facilitate them, in addition to ransomware attacks. The meeting’s goal is to establish a global standard for addressing these concerns, according to the White House. The agenda includes developing methods to defend against or disrupt these attacks, as well as “holding malicious actors accountable.” This last point is critical because ransomware perpetrators are frequently harbored by states that are hostile to the global order. This meeting

Sam Bankman-Fried is expected to profit by up to $100 million from Musk’s purchase of Twitter

2 years ago 1 min read

According to several reports, FTX CEO Sam Bankman-Fried had a $50 million to $100 million interest in Twitter. The CEO and founder of the cryptocurrency exchange FTX, Sam Bankman-Fried, stands to gain up to $100 million from Elon Musk’s acquisition of Twitter. Before the transaction closed on Thursday, the exchange executive had shares of the social media behemoth valued between $50 million and $100 million, a source with intimate knowledge of the situation told The Block. Bankman-stake Fried’s in Twitter would be between 0.1% and 0.2% after Musk spent $44 billion to take the company private. After months of negotiations,

Binance CZ warns Google still displays crypto phishing sites

2 years ago 1 min read

Binance CEO Changpeng Zhao (CZ) has issued a warning that Google search results continue to promote cryptocurrency phishing and scamming websites. Despite Google’s strict policies on cryptocurrency marketing for its ad service, scammers have continued to slip through the cracks in recent years. Scam websites have been displayed higher than legitimate crypto and blockchain projects at times. CZ warned in an October 27 tweet that when searching CoinMarketCap on Google, phishing sites with the “ad” tag were appearing in front of the actual website. CoinMarketCap, one of the most popular crypto data aggregators on the market, was acquired by Binance

NYDIG launches the first startup accelerator focused on the Bitcoin Lightning Network

2 years ago 1 min read

Stone Ridge, the parent company of Bitcoin company NYDIG, has launched In Wolf’s Clothing, the first startup accelerator focused on the Bitcoin Lightning Network and the Taro protocol (Wolf). The accelerator consists of 8-week programs in which the best founders and startup teams from around the world are brought to New York City and their lodging and travel expenses are covered. Teams that apply and are accepted into the program will receive a $250,000 guaranteed investment. A panel of judges will select one team to receive an additional $500,000 in funding during the demonstration day at the end of each

MakerDAO’s ‘Endgame Plan’ was approved in a vote in which the founder had 60% of the vote

2 years ago 1 min read

MakerDAO (MKR) members overwhelmingly supported founder Rune Christensen’s “Endgame Plan” by a margin of 80%. The lack of decentralization in the voting process was criticized by some observers. They claimed Christensen swayed 63% of the votes in favor of his proposition. Christensen released the Endgame Plan in May, a roadmap outlining his strategy for reforming MakerDAO to achieve decentralization over the next ten years. Since the breakup of the Maker Foundation in 2021, the founder has spoken out against Maker’s governance style. He cited community members’ lack of interest in voting on crucial protocol proposals as a major factor limiting

Vertu Introduces the ‘World’s First Web3 Phone’ With a base price of $3300

2 years ago 1 min read

Vertu officially debuted its latest phone, METAVERTU, on October 24 at an event in London, claiming it is “the world’s first Web3 phone.” According to a press release, 2022, METAVERTU was initially revealed on September 28, 2022. The company stated that it will conduct a launch event in London on October 24, to officially start off the global sale. According to an internal staff statement, VERTU’s METAVERTU phone is the first to propose the concept of CNCOS, a 5-dimensional integrated ecosystem that aims to integrate chips, smart terminals, blockchain, operating systems, and high-end services into a single phone, and they

Apple says NFT ownership does not unlock features or functionality within the apps

2 years ago 1 min read

Apple Inc. stated in a recent policy update that it will accept non-fungible tokens (NFTs) in applications but will not allow them to be used to unlock in-app content or features. In-app purchases can be used by apps to sell and buy services linked to non-fungible tokens (NFTs), such as minting, listing, and transferring. The company stated in its updated App Store Review Guidelines that: “Apps may not use their own mechanisms to unlock content or functionality, such as license keys, augmented reality markers, QR codes, cryptocurrencies and cryptocurrency wallets, etc.” In addition, Apple clarified that apps may use in-app

Sportrex to revolutionize the eSports industry using blockchain technology

2 years ago 2 mins read

As blockchain technology is revolutionizing the gaming, betting, and esports industries, Sportrex—an all-in-one decentralized gaming ecosystem built on multichain networks with a metaverse experience, aims to take the lead with its innovative and unique features designed for users’ maximum enjoyment and access to opportunities. Sportrex is a decentralized platform that was designed and executed to deviate from the norm and restore the excitement associated with esports, gaming, and betting. The Sportrex team described and highlighted more about the project in its medium blog post saying, “Sportrex is your virtual doorway to a world of endless possibilities. Think for a second