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
9 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
9 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
9 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
9 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
9 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
9 months ago
1 min read
The StormX token, a crypto cash-back project, has recently faced market manipulation amid what appears to be an “emergency incident” in its contract. A Binance customer service representative acknowledged the issue on Twitter and assured users that the relevant team is urgently addressing the situation. As the 268th-ranked cryptocurrency by market capitalization, StormX’s token price experienced significant fluctuations over the past 24 hours, surging from $0.0063 to almost $0.015 before retracing fully. Binance, one of the leading cryptocurrency exchanges, acknowledged the “emergency incident of the STMX contract” in a Twitter message from @sisibinance. The translated tweet indicated that the relevant
10 months ago
1 min read
The U.S. Securities and Exchange Commission (SEC) has taken a significant step in the world of cryptocurrency by launching its review of the latest bitcoin exchange-traded-fund (ETF) applications. This move comes as the regulator seeks to explore the potential implications of allowing bitcoin ETFs in the financial markets. While the SEC published documents last week inviting public consultations, the official review process will commence once the filings are published in the federal register. This critical phase will evaluate the ETF applications submitted by several notable players, including Cboe’s Wise Origin, WisdomTree, VanEck, Invesco Galaxy, and ARK 21Shares. In a bid
10 months ago
2 mins read
The United States Securities and Exchange Commission (SEC) has taken a significant step in the regulatory journey towards a spot Bitcoin exchange-traded fund (ETF). The SEC’s acceptance of BlackRock’s application, along with its consideration of other cryptocurrency ETF proposals, indicates growing interest and exploration of this financial product in the crypto industry. A spot Bitcoin ETF would be a groundbreaking investment vehicle that mirrors the value of Bitcoin and allows investors to trade it on traditional exchanges. ETFs, commonly tied to specific indexes, offer a diverse range of investment options. In the cryptocurrency world, a cryptocurrency ETF comprises various digital
10 months ago
1 min read
On Wednesday morning, on-chain data revealed that two wallets connected to the U.S. government, which were linked to the seizure of crypto from the Silk Road, have moved over $300 million worth of bitcoin (BTC) in three separate transactions. Following the transactions, the price of Bitcoin experienced a temporary decline of 0.8% to $30,480. However, it has since recovered to $30,660 as of press time. Bitcoin’s block explorer provides insights into the movement of funds, indicating that the government-controlled wallets sent a total of 9,825 bitcoin, equivalent to $301 million. This significant transfer of funds raises questions about the intentions
10 months ago
2 mins read
Dubai’s Virtual Assets Regulatory Authority (VARA) has issued a market alert regarding the local cryptocurrency exchange BitOasis. According to the notice, BitOasis’ conditional MVP (Minimally Viable Product) license has been suspended due to non-compliance with the related requirements. This development sheds light on the regulatory landscape for crypto activity in Dubai and highlights both permissive and restrictive measures in place. BitOasis was granted an MVP license by Dubai on April 12, 2023, which allowed the firm to conduct market operations within limited 30 to 60-day periods. However, the exchange failed to meet the stipulated conditions within the specified timeframes, resulting
10 months ago
1 min read
In a shocking turn of events, the Gutter Cat Gang NFT project has fallen victim to a SIM swap attack, resulting in the theft of more than $765,000 worth of nonfungible tokens (NFTs). The security breach was discovered by vigilant members of the NFT community, who noticed suspicious activity on the project’s Twitter accounts. Co-founder @GutterMitch took to Twitter to issue a warning, stating that their accounts had been compromised and urging users not to interact with any links. The hacker(s) behind the attack used the compromised accounts to share fraudulent links to fake “limited edition” Gutter Cat Gang NFT
10 months ago
2 mins read
Bitcoin (BTC) experienced a decline below the $30,000 mark following the release of a strong U.S. ADP private employment report. The report revealed a surprising addition of 497,000 private-sector jobs in June, surpassing the consensus forecast by a significant margin. As a result, market sentiments shifted towards expectations of a potential rate hike by the Federal Reserve, leading to an increase in Treasury yields. This article explores the impact of the ADP report on Bitcoin’s price and the growing speculations of a Fed rate hike. The ADP report exceeded expectations by showcasing robust growth in the private sector job market.
