Ayo Bakare

Ayo Bakare

Crypto writer, airdrop hunter, spot investor, with a thing for L2s and low gas altcoins.

 

More about Ayo Bakare

About yourself: I learned about crypto the same way most did, through Youtube, Twitter and Facebook. I first started exploring blockchain in 2020 after getting tired of saving in naira which kept going down. I needed a way to preserve money and stablecoins were the obvious choice. I used to be very active on P2P markets on multiple exchanges and even made a living with it back then. I’m still constantly keeping track of the industry, particularly relating to airdrops, promotions and local regulation.

From: Lagos, Nigeria.

Education/experience: No formal university degree. Background in freelance writing, content creation, and community mod in crypto projects.

How did you get into crypto: Got tired of inflation eating savings so started buying USDT and crypto.

Favorite altcoins: Arbitrum, OP or any layer2 that doesn’t require gas tanks to move funds.

Financial disclosure (altcoins held): Holding ETH, POL, USDT, small amounts of ARB, OP.

Roles: News writer.


Ayo Bakare contributed 44 articles:

Poloniex User Protection Fund

Poloniex Launches $100 Million User Protection Fund

Poloniex launched a $100 million User Protection Fund to strengthen asset security and complement its Proof of Reserves system. The move positions the exchange among platforms prioritizing transparency and multi-layer protection.

CEX.io Secures UK FCA Registration

CEX.IO Secures FCA Registration in United Kingdom

CEX.IO secured registration with the Financial Conduct Authority under the UK Money Laundering Regulations. The approval allows the exchange to operate through a UK-registered entity while strengthening banking partnerships and regulatory compliance.

Gate US New User Staking Welcome Bonus: Deposit & Stake $100, Get $25

Gate US New User Bonus: Deposit & Stake $100, Get $25

Gate US launched a limited-time staking bonus, offering new users up to 25 USDT for completing simple onboarding steps. The campaign rewards KYC completion, first-time staking, and quick 3-day staking commitment across popular PoS assets.

KuCoin Obtains MiCA License in Austria

KuCoin Obtains MiCAR License in Austria

KuCoin has secured a MiCAR license in Austria, allowing its EU entity to offer fully regulated crypto services across 29 EEA countries. The approval strengthens KuCoin’s compliance strategy and positions Vienna as its European headquarters.

Gate adds Apple Pay Withdrawals - Sell Crypto for Fiat via Apple Pay

Gate Adds Apple Pay Crypto Withdrawals

Gate Connect has launched the world’s first Apple Pay crypto withdrawal feature, letting you instantly cash out digital assets to bank cards. This makes Gate the first major global exchange to support Apple Pay off-ramps, setting a new standard for convenience and security in crypto.

Bybit secures UAE’s first full crypto license & forces KYC renewal in India

Bybit Receives UAE License, Forces KYC Renewal in India

Bybit has become the first crypto exchange to receive a full Virtual Asset Platform Operator License from the UAE’s Securities and Commodities Authority. The milestone follows its MiCAR approval in Europe and a full return to India with stricter KYC rules.

Poloniex SmartEarn

Poloniex Launches SmartEarn: Earn 10% APR With Futures Balance

Poloniex has launched SmartEarn, a feature that lets you earn up to 10% APY on your futures account balances, including open position margins and frozen funds. Unlike traditional staking, SmartEarn has no lockups or quota limits, so you can trade freely while earning passive income.

KuCoin OpenPad Launchpool

KuCoin’s OpenPad Launchpool: Stake OPAD, USDT or KCS

KuCoin has added OpenPad token (OPAD) to its GemPool, letting you stake KCS, USDT, or OPAD for rewards from August 15–25, 2025. With exclusive pools, bonuses, and a 3.75M OPAD reward pool, early participation can significantly boost your earnings.

Kraken US Futures

Kraken Launches U.S. Regulated Crypto Futures

Kraken has launched Kraken Derivatives US, giving American clients regulated access to CME-listed crypto futures via Kraken Pro. The move follows Kraken’s $1.5B acquisition of NinjaTrader, bringing futures and spot markets together on one platform.

Coinbase adds PayPal in Australia

Coinbase Adds PayPal Integration in Australia

Coinbase just added support for PayPal deposits in Australia. Users down under can now seamlessly use one of the world’s most popular payment methods to purchase crypto smoothly and without friction.

PrimeXBT Obtains FSCA License in South Africa

PrimeXBT Obtains FSCA License in South Africa

PrimeXBT has secured FSCA approval to offer regulated crypto asset services in South Africa. Traders now get full access to crypto deposits, withdrawals, and trading alongside traditional markets, all under one licensed platform.

Bitfinex P2P Market Shutdown

Bitfinex Shuts Down P2P Marketplace

Bitfinex is shutting down its P2P Marketplace Service, with trading capabilities ending on March 19, 2025, and full closure on March 26, 2025. Users can still access their transaction history via the web or mobile app until the final shutdown date.