Oluwapelumi Adejumo
Oluwapelumi is a believer in the transformative power Bitcoin and Blockchain industry holds. He is interested in sharing knowledge and ideas. When he is not writing, he is looking to meet new people and trying out new things.
Cathie Wood’s Ark Invest Sells Coinbase Stock for $75 Million
Coinbase, like most other crypto-linked stocks, has seen its values plummet on the back of the recent crypto market crash.
Defamation: Binance CEO Sues Bloomberg Businessweek Hong Kong Publisher
CZ noted that these defamatory statements were deliberately written to malign him and mislead readers into believing that they engage in illegal or unsavory activities.
Modular Capital Raises $20M from MultiCoin, Others
Modular Capital is leveraging the crypto winter to invest in DeFi, NFTs, and other Web3 projects, and Multicoin wants to have a share in it.
JPMorgan Loses Top Executives to Crypto Firms
By Oluwapelumi Adejumo
July 7th, 2022
The first of the three executives who left JPMorgan is Samuel Shah. Shah, until his exit, was head of the bank’s Ideation and Digital Innovation department.
TikTok Terminates Livestream E-commerce Shop Expansion to Europe and US
By Oluwapelumi Adejumo
July 6th, 2022
TikTok confirmed canceling its plans of expansion. The company, however, articulated its commitment to the UK shop’s success.
Bored Ape Yacht Club (BAYC) on Trial Following Racism Claims
By Oluwapelumi Adejumo
June 21st, 2022
On June 20, Philip Rusnack, an NFT expert and a YouTube investigator, released a new video where he alleges that Yuga Labs’ Bored Ape Yacht Club (BAYC) NFT collection has racist connotations with its use of language, symbols, and memes.
Galaxy Digital’s Michael Novogratz Still Positive about Crypto Adoption Despite Bearish Market
By Oluwapelumi Adejumo
June 9th, 2022
Novogratz encouraged crypto traders and investors to have the right risk-management cause of action, suggesting the prudence of pulling back some of your assets from time to time.
Coinbase Creates Directory for Revoked Hires to Connect Them with Future Opportunities
By Oluwapelumi Adejumo
June 8th, 2022
The move comes only one week after Coinbase communicated its intentions to rescind a few accepted job offers in light of the prevailing difficulty in the crypto market and the challenges the industry faces.
VC Fund Canonical Crypto Raises $20 Million in First Funding Round from a16z and Others
By Oluwapelumi Adejumo
June 3rd, 2022
Canonical kept its fund size small following the officials’ decision to concentrate on pre-seed and seed investments.
FTX US President: Stablecoins Will Bounce Back after UST Debacle
By Oluwapelumi Adejumo
June 2nd, 2022
According to Harrison, Terra’s issue points to the role of exchanges in investor protection such as screening out assets that appear illegitimate or lack transparency and long-term value.
Fidelity Wants to Hire More Staff Despite Bearish Market
By Oluwapelumi Adejumo
June 1st, 2022
The announcement comes barely a month after Fidelity Investment emerged as the first major pension plan provider to allow individuals to set aside a portion of their savings in Bitcoin by offering a dedicated 401(k) investment plan.
Miami Mayor Is Bitcoin Bull, Accepts Crypto Paychecks
By Oluwapelumi Adejumo
May 26th, 2022
Mayor Suarez’s stand does not come as a surprise as he has always promoted Miami as a crypto and tech hub.
American Actor Seth Green Attempt to Recover Stolen Bored Ape Raises ‘Rights’ Question
By Oluwapelumi Adejumo
May 25th, 2022
Green has also reported his collaboration with the authorities to recover his stolen property.
Revolut CEO Reveals How Planned Native Token Will Work
By Oluwapelumi Adejumo
May 20th, 2022
The Revolut CEO also talked about the company’s plans for a non-custodial wallet.
Mexican Crypto Platform Bitso Goes Live in Colombia
By Oluwapelumi Adejumo
May 19th, 2022
The Bitso launch in Colombia happened during a volatile period in the crypto market. Besides the fact that there are still so many people who are unfamiliar with digital assets, the market witnessed one of its biggest crashes in recent memory leading to losses for investors.