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.

Arya.ag Tests Avalanche Blockchain for $2B Grain-Backed Loans

Arya.ag Tests Avalanche Blockchain for $2B Grain-Backed Loans

Arya.ag, India’s largest integrated grain commerce platform, is testing a blockchain system to bring about $2 billion in grain-backed loans and warehouse receipts onchain. The initiative, built on an Avalanche Layer 1, is designed to make grain ownership...

BitMart Appoints Alvarez & Marsal to Review Finances and Withdrawals

BitMart Appoints Alvarez & Marsal to Review Finances and Withdrawals

BitMart has appointed business advisory firm Alvarez & Marsal (A&M) to independently review its finances, assess remaining assets, manage creditor claims and help establish an orderly withdrawal process. The review will determine whether the exchange can partially resume...

The U.K. Gives Bank of England New Payments Mandate

The U.K. Gives Bank of England New Payments Mandate

The UK government plans to give the Bank of England a new secondary objective to support innovation in payment systems and emerging forms of digital money. This will include stablecoins as London looks to keep its financial sector...

City Protocol Raises $11M for On-Chain Products

City Protocol Raises $11M for On-Chain Products

City Protocol has raised $11 million across seed and Pre-A rounds to build infrastructure for issuing and operating structured investment products on blockchain, the company announced August 26. Dragonfly, Jump Crypto, CMT Digital, Stratified Capital, Adaverse and Mirana...

Binance Adds Trump Media Token to Margin Collateral

Binance Adds Trump Media Token to Margin Collateral

Binance has added DJTB, its tokenized security linked to Trump Media & Technology Group, as an eligible margin collateral asset, allowing qualified traders to use the token to support leveraged positions. The move, announced on August 26, expands...

Salus Links $550K Hyperliquid Theft to Inferno Drainer

Salus Links $550K Hyperliquid Theft to Inferno Drainer

Blockchain security firm Salus has linked the August 13 theft of about $550,000 in USDC from a Hyperliquid user to professional phishing infrastructure associated with the Inferno Drainer ecosystem. In an August 24 post on X, Salus said...

Bhutan Moves $32.7M in Bitcoin to New Wallets

Bhutan Moves $32.7M in Bitcoin to New Wallets

The Royal Government of Bhutan has moved 490.87 Bitcoin worth about $32.74 million to fresh wallets, extending a series of large BTC transfers from state-linked addresses in 2026. Blockchain analytics platform Onchain Lens reported that the latest activity...

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