Michael Ndu-okeke

I am Michael Ndu-Okeke, an Experienced crypto reporter and analyst covering the intriguing world of Cryptocurrencies and its market. My work focuses on informative news, industry trends and research explaining the crypto industry to a wide range of readers.

261 articles published

News

Vitalik Buterin Gets Emotional on Mounting Criticism for Ethereum ,Doubles Down on a Utility Focused Industry

Vitalik Buterin, co-founder of the Ethereum Blockchain, shared an emotional message lamenting the growing criticism of the Ethereum project. The Ethereum Co-founder and a leading advocate for a utility-focused industry posted a message on Tako, a Chinese tech-based Social media platform. He affirmed his advocacy for a utility-focused industry while getting emotional about the growing…

February 20, 20250Comments

ByMichael Ndu-okeke

News

Former Bybit Payroll Manager Gets Six Weeks in Jail for Stealing $4.6 Million from the Exchange

Ho Kai Xin, a former payroll manager with Bybit, was handed a six-week jail sentence for flouting court orders following a $4.6 million theft from the exchange. Ho was ordered in 2022 by a civil court not to use the funds she lifted from Bybit, but the 32-year-old woman spent $840,000 from the funds on…

February 20, 20250Comments

ByMichael Ndu-okeke

News

Tether Expands Footprint in Africa, Signs MOU with Government of Republic of Guinea

Tether, the largest Digital assets company by Revenue, signed a Memorandum of Understanding (MOU) with the Government of the Republic of Guinea. The MOU between the two parties focuses on advancing blockchain and peer-to-peer technologies in the country. The goal is to drive economic growth and position the country as a leader in Africa’s digital…

February 19, 20250Comments

ByMichael Ndu-okeke

News

FTX Main Creditor Confirms Next Date for Redistribution of Lost Assets

The leading voice for FTX Collapse victims, @Sunil_trades, confirmed the date for the next batch of redistribution of lost assets. Sunil, an Activist who has appeared on various media outlets on this issue, shared the timeline for the next batch of redistribution and the category of creditors that will benefit. According to Sunil, the Distribution…

February 19, 20250Comments

ByMichael Ndu-okeke

News

LIBRA Memecoin Co Creator and Argentine President Locked in Dirty Scandal

Hayden Davies, the CEO of Kelsier Ventures, and Argentine President Javier Milei are locked in a dirty scandal over a leaked chat that suggests serious insider trading. Hayden Davies co-created the $Libra Memecoin, which was promoted by the Argentine president. The memecoin dumped hours after launch and wiped out over $4 billion in market capitalization,…

February 19, 20250Comments

ByMichael Ndu-okeke

News

Robinhood set to Introduce Crypto Products to the Singaporean Market this Year

Popular trading platform Robinhood plans to introduce crypto products to Singapore this year, subject to the completion of its acquisition of Bitstamp Cryptoexchange. Robinhood, the app widely recognized by global traders, has pivoted into crypto in recent years. The Platform has looked to expand its hold on the sector by acquiring some crypto-focused startups like…

February 18, 20250Comments

ByMichael Ndu-okeke

News

President Milei Sparks More Anger with Public Interview Following $LIBRA Dump

Argentine President Javier Milei stirred the hornet's nest with a recent interview where he attempted to explain his role in the $Libra memecoin debacle. President Milei, an economist, used his official X page to promote information about a memecoin known as $Libra. The memecoin dumped a few hours after launch, wiping out $4 billion in…

February 18, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Michael Saylor Warns Firms Against Lending Bitcoin, Suggests Issuing Securities backed by Bitcoin

Microstrategy Chairman Michael Saylor warned firms and whales against lending Bitcoin directly while recommending issuing securities backed by Bitcoin instead. The Bitcoin Maxi stated this in an interview with Colin Wu, founder of leading crypto media outlet Wu Blockchain. Michael Saylor made the statement reacting to a question on MicroStrategy’s Bitcoin lending and Staking Strategy. …

February 18, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Fidelity’s FBTC lead inflow into Bitcoin ETFs Pulls in $94 million

Fidelity’s FBTC pulled in $94 million on Friday, leading the inflows into the eleven Bitcoin ETFs. The Bitcoin ETFs recorded a net inflow of $70.6 million, the first net inflow following days of significant outflows from the ETFs. The Bitcoin ETFs recorded an outflow of nearly $700 million in the last four days of trading…

February 17, 20250Comments

ByMichael Ndu-okeke

News

Italy’s Central Bank Engages Crypto Firms on CyberSecurity and Crypto Risks

Italy’s central bank and securities regulators are in dialogue with top crypto service firms in the country to address cybersecurity challenges and crypto-associated risks. The development was made public by the Bank of Italy’s Governor Fabio Panetta while speaking at the 31st Assiom Forex Congress on Feb. 15. The Bank Governor made a case for…

February 17, 20250Comments

ByMichael Ndu-okeke