Favour Okosodo

Favour Okosodo

Favour is a Web3 writer and news analyst who specializes in cryptocurrency news, blockchain developments, and market analysis, with an interest in how decentralized technologies are shaping finance, digital ownership, and the future of the global economy.

South Korea’s FSS Probes Coinone Over MOVE Token Price Surge

South Korea’s FSS Probes Coinone Over MOVE Token Price Surge

South Korea's Financial Supervisory Service (FSS) has begun investigating the cryptocurrency exchange Coinone due to significant price fluctuations in the MOVE token. According to a report from the local news outlet MTN, the investigation seeks to identify any...

OKX Launches USDT-Margined Futures for VIRTUAL and SUNDOG Tokens

OKX Launches USDT-Margined Futures for VIRTUAL and SUNDOG Tokens

OKX has announced the launch of USDT-margined perpetual futures for Virtual Protocol’s token (VIRTUAL) and the Tron-based meme coin SUNDOG. Trading for these contracts will begin on December 11, 2024. The VIRTUAL/USDT perpetual futures will be available from...

Akshay Naheta Considers Selling Stake in DTR for Expansion

Akshay Naheta Considers Selling Stake in DTR for Expansion

Akshay Naheta, a former SoftBank executive known for leading several significant deals, is reportedly in talks to sell a minority stake in Distributed Technologies Research (DTR), the stablecoin payments startup he co-founded. According to sources cited by Bloomberg,...

Riot Platforms Acquires $68.45M in Bitcoin, Affirms Mining Dominance

Riot Platforms Acquires $68.45M in Bitcoin, Affirms Mining Dominance

Riot Platforms, a leading player in Bitcoin infrastructure, has acquired 705 Bitcoins for about $68.45 million in a transaction completed earlier today, according to data from Arkham Intelligence. The transaction involved $68.26 million worth of Bitcoin, distributed across...

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