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Chinedu Agbakwusi

Chinedu Agbakwusi is a news writer and editor for Crypto2Community. He is a crypto enthusiast with vast experience across several crypto-related projects and platforms. Chinedu has been following the development of the crypto market for several years, and he is optimistic about its potential to democratise the global financial system. He hopes to be a reliable plug for reporting trends and breaking down complex concepts to his readers. Agbakwusi's previously written for several crypto news including Times Tabloid, UPay, while also contributing over the years to many others leading media publications.

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Crypto News

Ethereum ETFs See Highest Outflow Since July 29 as Bitcoin Rallies for Third Straight Day

Crypto News2 years ago

By Chinedu Agbakwusi9/24/2024

Highlights: Ethereum ETFs have recorded net outflows in its most recent statistics, marking its highest losses since July 29. Bitcoin ETFs registered gains, sustaining the positive trend for the third consecutive day. Bitcoin and Ethereum prices witnessed significant leaps, underscoring […]

Crypto News

BingX Reopens Withdrawals Following Breach, But Funds Taken Out Fall Below Expectations

Crypto News2 years ago

By Chinedu Agbakwusi9/23/2024

Highlights: BingX has reopened withdrawals after a few days of halting most services because of the security compromise saga. Speaking about the development, BingX’s Chief Product Officer acknowledged users’ patience, citing that withdrawals were lesser than she anticipated. Withdrawing altcoins […]

Crypto News

Australia Introduces Mandatory Financial Licensing for Crypto Start-ups

Crypto News2 years ago

By Chinedu Agbakwusi9/23/2024

Highlights: Australia has introduced mandatory financial licensing for crypto platforms. The compulsory financial obligations became necessary following new rules that qualify crypto assets as financial products. The ASIC commissioner noted that the regulatory agency will roll out the updated guidelines […]

Crypto News

Bitcoin and Ethereum ETFs Record Inflows as BTC Ends the Week in Profit

Crypto News2 years ago

By Chinedu Agbakwusi9/21/2024

Highlights: Bitcoin and Ethereum ETFs have registered inflows as the latest flow data emerged. BTC ETFs concluded the week with profits, while ETH ETFs ended with losses. Bitcoin and Ethereum prices have seen remarkable upswings, with the possibilities of imminent […]

Crypto News

MicroStrategy Boosts Bitcoin Holdings with Massive BTC Purchase

Crypto News2 years ago

By Chinedu Agbakwusi9/20/2024

Highlights: MicroStrategy has accumulated an additional 7,420 Bitcoin in an investment worth $458.2 million. The latest procurement spiked the business intelligence company Bitcoin holdings to about 252,200 tokens. Despite the recent token accumulation, a new report has emerged, speculating that […]

Crypto News

BingX Crypto Exchange Halts Withdrawals After Security Breach

Crypto News2 years ago

By Chinedu Agbakwusi9/20/2024

Highlights: BingX crypto exchange has relayed plans to halt withdrawals as it rallies to curtail a security breach on its hot wallets. Affected users will receive due compensation as the exchange investigates the losses. PeckShieldAlert reported losses of over $40 […]

Crypto News

Decentraland X Account Compromised: Phishing Scam Targets MANA Airdrop

Crypto News2 years ago

By Chinedu Agbakwusi9/19/2024

Highlights: PeckShield has reported that hackers gained access to Decentraland’s official X handle. The culprits aim to steal unsuspecting users’ funds via fake links posing as MANA airdrop. Currently, no significant report about the number of affected victims has emerged. […]

Crypto News

Bitcoin ETFs Face Outflows After Four Consecutive Days of Inflows

Crypto News2 years ago

By Chinedu Agbakwusi9/19/2024

Highlights: Bitcoin ETFs have ended its four days of consecutive gains with its most recent statistics, recording net outflows above $50 million. Ethereum ETFs recorded another net outflow, bringing the losses trend to the third day. Despite the losses, Bitcoin […]

Crypto News

Bitget and Foresight Ventures Inject $30M into TON Blockchain

Crypto News2 years ago

By Chinedu Agbakwusi9/18/2024

Highlights: Bitget and Foresight Ventures have sealed a new partnership involving a $30 million investment into the TON blockchain. The partnership aims to enhance the development of P2E games on the Telegram network and incorporate both platforms in significant decisions […]

Crypto News

Bitcoin ETFs See Strong Rebound Amid $61K BTC Price Breakout

Crypto News2 years ago

By Chinedu Agbakwusi9/18/2024

Highlights: Bitcoin ETFs record massive rebound with over $180 million in net inflows. Ethereum ETFs sustained two days of consecutive back-to-back net outflows with minimal activities. In the past 24 hours, Bitcoin registered a price upswing above 3%, while Ethereum’s […]

Crypto News

Singapore’s Leading Bank Introduces Bitcoin and Ethereum Options Trading Alongside Structured Notes

Crypto News2 years ago

By Chinedu Agbakwusi9/17/2024

Highlights: Singapore’s DBS has announced plans to introduce structured notes, Bitcoin, and Ethereum options trading for users. The banking firm’s latest decision aims to drive crypto adoption by providing unique and exciting trading experiences. DBS’s proposed plans imply that it […]

Crypto News

Ripple’s Chris Larsen Moves 50M XRP in a Major Transfer After 11 Years

Crypto News2 years ago

By Chinedu Agbakwusi9/17/2024

Highlights: Ripple’s Chris Larsen has triggered the transfer of a whopping 50 million XRP to an unknown destination, sparking reactions among enthusiasts. The Ripple executive’s wallet became active again after eleven years to elicit the massive tokens shift. XRP price […]