Ujunwa Juliet Ihiasota
I am a dedicated crypto and blockchain content writer who is vision-oriented, diligent, smart, and self-motivated. I have over a decade of self-writing experience and five years of experience as a professional writer. I hope to inspire other women into this ever-evolving field.
Articles by Ujunwa Juliet Ihiasota
2 years ago
1 min read
MakerDAO, a pioneer in decentralized finance, will convert up to $500 million worth of its DAI stablecoin for use in bonds and treasuries. On October 6, Maker Governance carried out the decision to diversify the protocol’s holdings. The money will be invested in investment-grade corporate bonds and short-term US Treasury bonds, which have historically been safe haven assets during turbulent economic times. The allocation of DAI will, in MakerDAO’s words, “promote the usability of digital assets in the traditional space, extending DAI’s influence beyond crypto,” the company claims. A first vote was held in June, and DeFi asset advisor Monetalis
2 years ago
1 min read
According to reports, Samsung Latin America opened the “House of Sam” virtual experience shop on October 1 in the Ethereum-powered metaverse Decentraland ($MANA). Decentraland is a community and virtual world based on blockchain technology. Users can develop and own plots of land works of art, and non-fungible tokens (NFTs). In an article for the news website Livecoins on October 1, Gustavo Bertolucci reported that “Samsung Latin America is opening its own space in a metaverse environment with cryptocurrencies, which will be called “House of SAM,” using Decentraland (MANA).” Since Samsung also introduced the island Smart City in the video game
2 years ago
1 min read
Alex Mashinsky, the former CEO of Celsius, withdrew $10 million in May to pay taxes at the state and federal levels as well as for “estate planning,” according to a representative for Mashinsky. In the weeks before the company filed for bankruptcy, Alex Mashinsky, the former CEO of the defunct Celsius Network, withdrew millions to pay state and federal taxes. He withdrew $10 million from the business in May of this year, when the cryptocurrency market was in freefall, according to people with knowledge of the situation who spoke to the Financial Times. Concern was raised by the decision to
2 years ago
1 min read
A new bill that would shield cryptocurrency exchange platforms from some Securities and Exchange Commission (SEC) enforcement actions is being introduced by a Republican senator. Bill Hagerty of Tennessee is promoting the Digital Certainty Act of 2022 as a way to protect cryptocurrency exchanges from SEC overreach and provide legal clarity over how virtual assets are to be classified. According to Haggerty, regulatory ambiguity is hindering the growth of the crypto business by making it difficult for US-based crypto enterprises to attract investment and create jobs. In the press release, Haggerty also said that the current lack of regulatory clarity
2 years ago
1 min read
According to reports, the development team behind Uniswap, the biggest exchange on DeFi, is on course to become the next crypto unicorn. As per TechCrunch, the round could total between $100 million and $200 million, with Polychain and a Singapore-based sovereign investment fund involved. The transaction would value Uniswap at $1 billion. Heavy hitters like a16z, USV, Paradigm, and even Coinbase have invested in Uniswap Labs in the past. In a Series A funding round, the project received $11 million in 2020. The crypto project’s development team, Uniswap Labs, has not yet responded to Decrypt’s request for comment. By volume
2 years ago
1 min read
As part of an investigation into alleged cryptocurrency fraud involving the app-based token “HPZ” and comparable applications, India’s financial crime-fighting agency has frozen US$1.2 million in account balances of various “Chinese-controlled entities.” The following businesses were named by India’s Enforcement Directorate (ED) in a press release: Comein Network Technology Private Limited, Mobicred Technology Private Limited, Magic Data Technology Private Limited, Baitu Technology Private Limited, Aliyeye Network Technology India Pvt Ltd, Wecash Technology Private Limited, Larting Private Limited, Magic Bird Technology Private Limited, and Acepearl Services Private Limited. According to the ED, the “fraudsters” claimed that purchasing HPZ tokens was “investing
2 years ago
1 min read
Meta’s Facebook and Instagram will let users in the United States connect their wallets and share their NFT with their friends and followers as of right now on social media platforms. An official release states that the update would also enable users of Facebook and Instagram to cross-post using their digital assets. The announcement says, “Today we’re announcing everyone on Facebook and Instagram in the US can now connect their wallets and share their digital collectibles. This includes the ability for people to cross-post digital collectibles that they own across both Facebook and Instagram. Additionally, everyone in the 100 countries
2 years ago
2 mins read
SINGAPORE, Sept. 7, 2022 /PRNewswire/ — XT.COM, the world’s first socially infused trading exchange, is glad to announce the listing of Turbochain token (TBC) on its platform. This energy-efficient token is now open to all for the users to trade, deposit and withdraw from the platform seamlessly. The Turbochain token will be listed on the trading platform with USDT pairing. Through this new token listing, XT.COM ensures that the users get a chance to trade a variety of new tokens effortlessly, and also help the Turbochain community reach a wider global audience. Turbochain is a key digital asset of a
2 years ago
1 min read
On Friday, BarrelDAO released a collection of non-fungible tokens (NFTs) that could be redeemed for a special beer with a Solana theme, but it has already sold out. The price per NFT for the 333 was 1.35 SOL, or roughly $45. Each one looks like a receipt for a 16-pack of Solana Summer Shandy. With a base price of 2.49 SOL ($79.61), however, 17 are presently available on Magic Eden. Additionally, the team said that each NFT can be redeemed for the beer, which is not an official Solana Labs product starting on Monday. The company claimed that 20 members
2 years ago
1 min read
On August 23, the on-chain social app Chingari announced the launch of the first NFT video marketplace. As part of its commitment to fostering and propagating the creator economy, Creator Cuts plans to launch the world’s first video non-fungible token (vNFT) marketplace. According to a press release shared, video NFTs will be minted in this marketplace based on premier videos produced by Chingari’s most successful creators. The goal of Creator Cuts is not only to provide content creators with an innovative financial and community engagement opportunity, but also to allow users to connect with the creators of the content they
2 years ago
2 mins read
Two crypto payments made by American healthcare providers were among the $500,000 in fiat and cryptocurrency that the US Department of Justice confiscated and later restored from a hacking gang linked to the North Korean government. The Justice Department and the FBI announced on Tuesday that they had looked into a $100,000 Bitcoin (BTC) ransom payment made to a North Korean hacking group by a Kansas hospital in order to regain access to its systems, as well as a $120,000 Bitcoin (BTC) payment made by a Colorado healthcare provider to one of the wallets linked to the aforementioned attack. The
