Michael Ayangbola

Michael Ayangbola is a writer for VestorPortal. He has been an active member of the crypto community since 2020. Michael specializes in documenting various aspects of the crypto industry

📍 Nigeria

Tech Giant Blocks App Release, Demands 30% Cut of Transfer Fees

Tech Giant Blocks App Release, Demands 30% Cut of Transfer Fees

Apple is one of the largest technology companies in the world, and the tech giant recently made a move that has left the crypto community scratching their heads. Apple recently blocked the Coinbase wallet app release, demanding that the developers give them a 30% cut of all NFT transfer gas

Peersyst Unveils EVM-Compatible Sidechain for XRPL Ledger

In a three-phase deployment, Solidity-based smart contracts will make their way to the XRP ledger through the newly launched EVM-Compatible sidechain

Mt Gox Trustee Unveils a Critical Phase in Repayment Plan

Mt Gox Trustee Unveils a Critical Phase in Repayment Plan

Nobuaki Kobayashi disclosed to Mt. Gox creditors that they have until January 10, 2023 to set up an account with a preferred crypto exchange to claim their lost funds.

CZ Binance Confirms BSC Cross-Chain Bridge Exploit

CZ Binance Confirms BSC Cross-Chain Bridge Exploit

An attacker stole 2 million BNB, nearly $600M from the Binance crosschain bridge, Binance Token Hub.

Chainlink Labs Welcome Two Sigma Securities as Data Provider

Chainlink Labs Welcome Two Sigma Securities as Data Provider

The data-driven hedge fund, which manages about $60 billion in assets, will provide premium market data to Chainlink's decentralized oracle network

Attackers Hijack Beeple's Discord URL

Attackers Hijack Beeple's Discord URL

In the latest phishing scam targeting Beeple's fans and followers, community members criticized the NFT artist on security management

The Future is Cross-Chain: SWIFT adopts Chainlink's CCIP

The Future is Cross-Chain: SWIFT adopts Chainlink's CCIP

Chainlink's cross-chain interoperability protocol (CCIP) will be employed by messaging network, SWIFT.

Hackers Steal Nearly $1M in Ether from a Crypto Vanity Address

Hackers Steal Nearly $1M in Ether from a Crypto Vanity Address

Vanity address generator, Profanity, has become the bane of many Ethereum users as hackers proceed to carry out brute force attacks to steal cryptocurrency from vulnerable wallets

Court Orders Tether to Substantiate USDT Dollar Reserves

Court Orders Tether to Substantiate USDT Dollar Reserves

The court order is a part of an ongoing lawsuit that indicts Tether of market manipulation employing unbacked USDT issuances to inflate the price of Bitcoin

SEC Claims Jurisdiction over Ethereum in Ian Balina's Indictment

SEC Claims Jurisdiction over Ethereum in Ian Balina's Indictment

In a civil enforcement action against the CEO of Token Metrics, Ian Balina, the US Securities and Exchange Commission (SEC) made an audacious assertion that the U.S. government has jurisdiction over all Ethereum transactions.

The Merge: Ethereum's Grand Dènouement

The Merge: Ethereum's Grand Dènouement

Ethereum's Proof-of-Work consensus system becomes a fondly remembered figment of the networks nostalgic past

Terra Native Coins Plummet as South Korea Issues Arrest Warrant for Terraform Labs CEO, Do Kwon

Terra Native Coins Plummet as South Korea Issues Arrest Warrant for Terraform Labs CEO, Do Kwon

The financial crimes unit of the District Prosecutors Office in Seoul has issued an arrest warrant against Do Kwon and five other employees of Terraform Labs

Derivatives Market Plunged Swiftly after Fevered CPI Report

Derivatives Market Plunged Swiftly after Fevered CPI Report

Over $360 million worth of crypto assets have been liquidated from the derivatives market following the release of the latest CPI inflation report

Sky Mavis Collaborates with Google Cloud to Bolster the Security of Ronin network

Sky Mavis Collaborates with Google Cloud to Bolster the Security of Ronin network

Axie Infinity Creator, Sky Mavis has entered into an agreement with Web 2 tech giant, Google Cloud in a bid to accelerate the growth and security of its blockchain network

Binance will Consolidate stablecoins USDC, TUSD and USDP to its Native Stablecoin, BUSD

Binance will Consolidate stablecoins USDC, TUSD and USDP to its Native Stablecoin, BUSD

Binance says auto-conversion of the triad of stablecoins: USDC, TUSD and USDP to BUSD will enhance liquidity and capital efficiency for users

The Merge Triggers a Mass Exodus of Miners as Ethereum Classic's Hashrate Makes a New All-Time High nearing 50 TH/s

The Merge Triggers a Mass Exodus of Miners as Ethereum Classic's Hashrate Makes a New All-Time High nearing 50 TH/s

Ethereum Classic's hashrate breaks multiple all-time high ahead of the Merge

Rehabilitation Trustee Initiates the Next Phase in Mt Gox Repayment Plan

Rehabilitation Trustee Initiates the Next Phase in Mt Gox Repayment Plan

Nobuaki Kobayashi encourages creditors to submit transfer claims before the expiration of the time limit

Forked NFTs on ETHPoW won't be supported by OpenSea Marketplace

Forked NFTs on ETHPoW won't be supported by OpenSea Marketplace

The NFT behemoth, OpenSea marketplace, has stated its unequivocal support for NFTs on the Proof-of-Stake Ethereum chain

The Merge: Ethereum Miners' Dilemma

The Merge: Ethereum Miners' Dilemma

Ethereum's forthcoming transition to proof-of-stake consensus system will disincentivize miners from continuing mining operations, displacing about $4 billion dollars worth of mining hardware in the process.

Source: Unsplash

The Merge: An Inflection Point In The History of Ethereum

Ethereum is about to transition from the energy inefficient proof-of-work protocol to an ecologically friendly proof-of-stake consensus protocol in a process referred to as "The Merge". Here is why the crypto community is abuzz about the switch.

5 Strategies Employed By Crypto Scammers To Steal Your Cryptocurrency

5 Strategies Employed By Crypto Scammers To Steal Your Cryptocurrency

Cryptocurrency scammers are capitalising on the gullibility, greed and carelessness of inexperienced crypto users, making them major targets of phishing scams.

Mt Gox creditors to receive 140,000 BTC repayment as the market braces for a potential Bitcoin crash

Mt Gox creditors to receive 140,000 BTC repayment as the market braces for a potential Bitcoin crash

The biggest Bitcoin theft occured on Mt Gox in 2014 with a staggering total of 850,000 BTC stolen by attackers. Mt Gox is set to repay 140,000 BTC to its creditors later this month. Could this lead to a potential Bitcoin flash crash or Bitcoin will carry on unencumbered?