David Idowu

David Idowu
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David Idowu is a crypto reporter and trader with wealthy years of experience. He believes that blockchain technology has numerous opportunities that are begging for proper utilization. Away from work, David is either reading about world politics, history, or tech Innovations.

Community raise concern as Binance aims to convert $1bn reserve fund to BTC

Community members and users are kicking against Binance's decision to convert its strategic fund from stablecoins to Bitcoin. Binance in a statement released on...

UK bans Coinbase advert over misleading claims

Coinbase is currently under fire in the United Kingdom for its cryptocurrency advertisements. According to a report by The Guardian on Wednesday, the UK...

Tether launches USAT stablecoin for US market

Tether has designed a new dollar-backed stablecoin, USAT, specifically for the United States of America market. In a blog post released on Tuesday, the...

Layer-1 protocol Saga endures $7m exploit

Saga is the latest cryptocurrency project to suffer a cyber breach after losing $7 million to a bridge exploit. In reaction to the attack,...

Alchemy Pay secures regulatory approval to expand its footprint in US market

Leading fiat-crypto payment gateway, Alchemy Pay has recorded significant progress in enhancing its regulatory compliance in the United States. In a blog post released...

Russia introduces new punishment for illegal crypto miners

Russia has submitted a bill to tackle illegal cryptocurrency miners in its region. According to a new draft of amendments to the Criminal Code,...

Digital yuan to become interest-bearing as China issues new directives to banks

The apex financial institution in China, the People's Bank of China, has issued a new directive that mandates that commercial banks to pay interest...

Community mounts pressure on Aave founder over $10m token purchase amid key DAO proposal

The Aave community has bemoaned the recent purchase of $10 million AAVE tokens by the project team founder, Stani Kulechov. On Wednesday, renowned decentralized...

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