Author: Oluwapelumi Adejumo

Polkadot’s ecosystem recorded massive growth across major metrics during the first quarter of the year, according to a Messari report. During this period, the market cap of Polkadot’s native DOT token rose to $12.7 billion from the $8.4 billion recorded in the last quarter of 2023…

Arkansas State Governor Sarah Huckabee Sanders is expected to sign two new bills regulating crypto mining activities within the state, according to various sources. The state lawmakers passed Senate Bills 78 and 79 on May 1 to tighten the regulations governing crypto miners in the state…

Hong Kong’s debut of Bitcoin and Ethereum exchange-traded funds (ETFs) commenced with modest trading volumes, tallying up to 87.58 million HKD, equivalent to $11.19 million, based on Hong Kong Stock Exchange data. This trading volume falls significantly short of the issuers’ initial expectations, which anticipated volumes surpassing $100 million…

Tron blockchain founder Justin Sun says the US Securities and Exchange Commission (SEC) would not approve an Ethereum exchange-traded fund (ETF) in May. In an April 28 post on X (formerly Twitter), Sun noted that the crypto industry still needs to prepare for a long-term education with regulators…

Crypto exchange OKX finally opened its  Ethereum layer-2 network X Layer mainnet to the general public on April 15. The scaling solution’s testnet was launched in November 2023 to much acclaim and was built with Polygon’s Chain Development Kit (CDK). This toolkit empowers developers to construct their chains using zero-knowledge technology…