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I am a crypto enthusiast who loves investing, research, writing, reading, fitness, African food and soccer.

New Research Shows Smaller Bitcoin Investors Are Buying As Whales Sell Off

According to on-chain data, some non-whale Bitcoin investors appear to have had no problems with the cryptocurrency bear market or the fear, uncertainty, and doubt (FUD) surrounding the demise of FTX. A Tale of Shrimps and Crabs According to research…

Dominica And Huobi Jointly Launch Digital Identity Program As Major Crypto Firms Eye the Caribbean

Cryptocurrency exchange Huobi has teamed up with the Commonwealth of Dominica to launch a digital identification and national token service that promises the West Indian island nation’s digital citizenship. Metaverse and Web3 In the Caribbean Dominica, which is not to…

FTX Employees Set to Be Paid As Bankruptcy Proceedings Continue

FTX appears to be moving on since news broke that it was filing for bankruptcy. The insolvent exchange will pay its employees and contractors after several weeks of uncertainty and bad news.  The bulk of FTX subsidiaries worldwide has reportedly resumed…

FTX Founder Sam Bankman- Fried Could Be Looking At Jail Time, Mark Cuban Says

FTX founder Sam Bankman-Fried should be concerned about going to jail, according to Mark Cuban. The billionaire majority owner of the Dallas Mavericks also believes that cryptocurrencies are here to stay despite the FTX debacle. SBF Has Left A lasting…

Bahamian Authorities Place FTX Under An “Active and Ongoing” Investigation

The defunct crypto exchange FTX is the subject of an “active and ongoing” investigation, according to the Bahamas Attorney General (AG) and Minister of Legal Affairs Ryan Pinder. Multi-agency Inquiry Into FTX Pinder stated in a national address that was…

US State Regulators Launch Genesis Global Capital Investigation Citing FTX-Related Contagion Fears

Genesis, a well-known cryptocurrency lender ranked among the top lenders worldwide, is reportedly being scrutinized by regulators in the state of Alabama and other US states.  A thorough investigation is being conducted by the state securities department into issues related…

Binance Co-founder CZ Says Governments Should Regulate Cryptos As Opposed to Fighting them

According to Binance CEO Changpeng Zhao, the adoption of cryptocurrencies will come regardless of how countries choose to respond to them.  In his opinion, countries would do well to regulate cryptos as opposed to fighting them.  Crypto Regulation Debates Are…

Alameda Research Withdrew $204 million from FTX.US Before Bankruptcy Filing

Alameda Research withdrew $204 million from FTX US prior to its collapse, according to blockchain analytics company Arkham Intelligence. Different International Wallets Alameda, FTX exploiter ($49 million), and Amber Group ($40 million) were the top three organizations who withdrew the…

Kenya Seeks to Tax Crypto Owners and Recognize Cryptos As Securities In Proposed Law

Kenya is attempting to tax more than 4 million owners of digital assets through a new bill that, if passed, will put this quickly expanding sector under regulatory scrutiny for the first time ever in the East African nation’s history.…

Binance Publishes BTC Proof Of Reserves to Reassure Customers Of Funds Safety

As promised by CZ, the CEO of Binance, the exchange has made public its proof of reserves for Bitcoin. On-chain reserves totaling more than 582,000 BTC—more than 1% of the entire amount of client deposits—back consumer funds. Proof Only Covers…