Favour Udeo

Favour Udeo

Favour is a writer, who is interested in blockchain, DeFi, and Web3 in general. She finds machine learning and emerging technologies interesting.

Sam Bankman-Fried FTX CEO Arrested in Bahamas

Sam Bankman-Fried FTX CEO Arrested in Bahamas

Authorities in the Bahamas have arrested Sam Bankman-Fried, the former CEO of the failed crypto exchange FTX, at the request of the United States government.  According to a statement from the Bahamas Attorney General's office, the former CEO...

Bybit Publishes Merkle Tree Verification for Proof-of-Reserves

Bybit Publishes Merkle Tree Verification for Proof-of-Reserves

Following the FTX scandal, the cryptocurrency exchange Bybit recently joined the crypto exchanges in the sector, striving for transparency.  According to a statement from Bybit, the Merkle tree-based Proof-of-Reserve system has been introduced. Users can easily confirm the...

Terra’s Co-Founder Do Kwon Reportedly Hiding Out in Serbia

Terra’s Co-Founder Do Kwon Reportedly Hiding Out in Serbia

According to South Korean officials, Do Kwon, the embattled Terraform CEO who oversaw the $40 billion collapse of the TerraUSD and Luna tokens, is hiding in Serbia.  Kwon left South Korea shortly after his project's native token, LUNA,...

The Mazars Firm Verifies Crypto.com's Proof-of-Reserves

Mazars Verifies Crypto.com’s Proof-of-Reserves

Crypto.com has published a statement that includes its complete Proof-of-Reserves (PoR) information from an audit conducted by the Mazars firm. PoR audit records provided by the firm demonstrate that the client assets of well-known cryptocurrency platforms are safely...

Prime Numbers Launches a New Multichain NFT Marketplace

Prime Numbers Launches a New Multichain NFT Marketplace

Prime Numbers has announced the launch of a multichain NFT marketplace called Primeport.xyz. Users will be able to trade NFTs from any EVM-compatible blockchain and import and export smart contracts for their collections through the marketplace.  Primeport aims...

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