Author: Ujunwa Juliet Ihiasota

Profile picture of Ujunwa Juliet Ihiasota

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

Charles Hoskinson Envisions Cardano as Future’s Leading Crypto

7 months ago 1 min read

Input Output (IOHK) CEO Charles Hoskinson is confident that Cardano (ADA) holds the potential to become the foremost cryptocurrency of the future. Speaking at the Rare Evo 2023 event in Denver, Hoskinson shared his conviction that Cardano, currently the eighth-largest digital asset by market cap, will surpass even giants like Bitcoin (BTC) and Ethereum (ETH). He cites the platform’s heightened scalability and interoperability as key factors driving this prediction. In his keynote address, Hoskinson addressed the fear often associated with decentralized governance, emphasizing that it empowers individuals rather than detracts from their potential. He expressed optimism that, when given the

Bitcoin Price Rises as Whales Bought $300 Million in BTC

7 months ago 1 min read

In a week marked by turbulence for crypto enthusiasts, the price of Bitcoin (BTC) has undergone significant fluctuations, briefly dropping to a low of $25,400. This rapid decline can be attributed to a combination of factors. Reduced market activity, compounded by the ongoing upheaval in China’s real estate sector, has contributed to the downward trend. Additionally, reports indicating that Elon Musk’s SpaceX has divested a portion of its Bitcoin holdings have added to the cryptocurrency’s challenges. Despite these challenges, optimism has returned to the crypto market in the past 24 hours as high-net-worth investors have begun accumulating Bitcoin once again.

BlockFi Takes on FTX and Three Arrows Capital Over $5 Billion Recovery Dispute

7 months ago 1 min read

Bankrupt cryptocurrency lender BlockFi is pushing back against efforts by FTX and Three Arrows Capital (3AC) to claim billions of dollars that changed hands between the companies before their respective collapses last year. In a recent court filing on Monday, BlockFi contested FTX and Three Arrows Capital’s $5 billion claim, alleging that the two entities have unfairly victimized it. BlockFi argued in the filing that the legal doctrine of “unclean hands” should be invoked to prevent future inequities toward BlockFi’s creditors. The ongoing conflict could significantly influence the repayment amounts distributed to individual creditors in the bankruptcy cases of BlockFi,

Terra’s Website Hacked! Developers Release Urgent Warning

7 months ago 1 min read

A concerning development has shaken the Terra community, as the official website of the platform has fallen victim to a phishing attack. This unauthorized intrusion poses a potential threat to users’ digital assets, urging caution and heightened vigilance within the Terra ecosystem. The official Terra website has been infiltrated and replaced with a malicious phishing site, prompting immediate warnings to the user base. In a stark cautionary measure, Terra users are advised to refrain from interacting with the compromised Terra(dot)money domain, as it has transformed into a treacherous trap. To combat the unfolding situation, the official Terra Twitter account has

OPNX Hit with $2.7 Million Penalty by Dubai Authorities Over Market Violation

7 months ago 1 min read

The Virtual Asset Regulatory Authority (VARA) of Dubai has imposed a hefty fine of $2.7 million on the cryptocurrency project OPNX, helmed by the creators of the now-defunct digital asset hedge fund Three Arrows Capital (3AC). This stern action follows a previous reprimand issued by VARA in May. While the project’s founders and CEO have settled their fines, VARA has expressed concern over OPNX’s non-payment and is contemplating additional measures against the platform. In a recent enforcement notice dated August 16, 2023, VARA disclosed that OPNX has yet to fulfill a fine of 10 million AED ($2.72 million) levied against

$XRP’s AUM Rockets Up by 127% YTD, Garnering Significant Institutional Attention

8 months ago 2 mins read

Cryptocurrency investment products centered around the native token of the XRP Ledger, XRP, have witnessed an impressive surge in assets under management (AUM) by 127% in the current year. A recent milestone marked their sixteenth consecutive week of inflows, with a substantial $500,000 invested in these products. The dynamics behind this growth, including regulatory advancements and evolving market trends, are positioning XRP investment offerings in a promising light. According to the latest Digital Asset Fund Flows Weekly report by CoinShares, the substantial rise in AUM accounts for 12% of the total assets managed by these cryptocurrency investment products. The growing

Ethereum (ETH) Price Enters Consolidation Phase with Minimal Volatility

8 months ago 1 min read

Ethereum, the second-largest cryptocurrency in terms of market capitalization, has recently exhibited a state of relative neutrality in its price movement. With its current price resting at $1,850, the cryptocurrency has yet to surpass the coveted $2,000 mark, a threshold it reached a mere two weeks ago. Following a partial legal victory for Ripple in its ongoing lawsuit with the SEC, Ethereum’s price momentum experienced a brief and cautious upswing. However, this surge proved short-lived, and Ethereum remains in a state of relative equilibrium. Over the past month, the cryptocurrency has experienced a decline of 1.83%, hinting at a subdued

Binance Becomes First-Ever Fully-Licensed Crypto Exchange in El Salvador

8 months ago 2 mins read

Binance, the leading global cryptocurrency exchange, has secured two crucial licenses in El Salvador, marking its status as the first fully licensed crypto exchange in the country. The announcement comes as El Salvador continues to make waves in the cryptocurrency world by recognizing Bitcoin as a legal tender, a historic step that sets a global precedent. Binance has solidified its position as a trailblazer in the crypto industry by obtaining not just one, but two pivotal licenses in El Salvador. The Bitcoin Services Provider license (BSP) and the Digital Assets Services Provider license (DASP) were granted by the Central Reserve

Shiba Inu Unveils New Feature: A Potential Shift Away from Meme Exit Coin?

8 months ago 1 min read

Shiba Inu, the popular meme coin that garnered attention following the footsteps of Dogecoin (DOGE), is making strategic moves to solidify its position in the ever-evolving cryptocurrency landscape. In a recent development, Shiba Inu announced plans to introduce digital identity services across its upcoming projects, including the highly anticipated Shibarium layer 2 blockchain. This innovative step aims to enhance trust, bolster user engagement, and propel Shiba Inu toward becoming a significant player in the world of decentralized finance (DeFi). A Shiba Inu developer highlighted the forthcoming integration of digital identity services into all future Shiba Inu ventures, setting the stage

Kraken Co-founder Critiques FTX Reboot, Calling It a Step Backward

8 months ago 1 min read

Days after FTX unveiled a reboot plan, Kraken FX co-founder Jesse Powell raised concerns over the viability of the FTX relaunch, suggesting that it might face challenges worse than starting from scratch. The troubled crypto exchange recently revealed a new strategy to relaunch and settle its debts, but doubts persist about the success of this plan. Powell’s skepticism stems from the existing hurdles that FTX faces. The tarnished reputation of the exchange and the absence of a functioning team, licenses, and banking facilities make its revival a complex endeavor. Rather than pursuing the current relaunch, Powell proposes a different approach

OKX Exchange Announces Delisting of 10 Altcoin Trading Pairs to Enhance Trading Environment

8 months ago 1 min read

OKX cryptocurrency exchange has recently revealed its decision to delist 10 spot trading pairs. This move comes as part of the exchange’s commitment to fostering a robust trading ecosystem and ensuring strict compliance with listing standards. The delisting process follows a comprehensive evaluation of listing attributes and user feedback, in accordance with OKX’s Token Delisting / Hiding Guide. The trading pairs that are set to be delisted include TRUE/USDT, LOON/USDT, WING/USDT, TAI/USDT, EC/USDT, RFUEL/USDT, KCASH/USDT, MCO/USDT, LDN/USDT, and APIX/USDT. This move reflects OKX’s dedication to optimizing its trading offerings and maintaining a streamlined selection of assets. To ensure a seamless

Bitcoin Surges to Near $30K as MicroStrategy Reveals Stock Sale, BTC Purchase Strategy

8 months ago 1 min read

Bitcoin (BTC) showcased a robust surge to reach one-week highs in the $29,700s on Tuesday, driven by the announcement from US software company MicroStrategy regarding its intention to significantly increase its BTC holdings. MicroStrategy unveiled its plans through a filing with the US Securities and Exchange Commission (SEC), indicating its intention to sell up to $750 million worth of stock, with a portion of the proceeds earmarked for additional bitcoin purchases. Having accumulated 152,333 BTC by June 27, MicroStrategy holds approximately 0.0078% of the total circulating supply of around 19.44 million Bitcoin tokens. The company’s journey into bitcoin accumulation commenced