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
11 months ago
1 min read
US Senator Elizabeth Warren has raised concerns about the role of cryptocurrencies in facilitating various forms of crime and illicit financial activity. According to Warren, “rogue nations,” oligarchs, and drug dealers are utilizing digital assets to fund their criminal enterprises. To tackle this issue, she has proposed a bill aimed at addressing the illegal use of cryptocurrencies. As a long-time critic of cryptocurrencies, Senator Warren asserts that the technology is being exploited by criminals for money laundering, evading sanctions, and financing terrorism. She believes that this poses a significant problem that requires a solution. Warren emphasizes the need to close
11 months ago
2 mins read
A branch of the Podgorica District Court in Montenegro has approved a second bail request for Do Kwon, the founder, and CEO of Terraform Labs. Kwon and Terra’s former chief financial officer Han Chang-joon were originally granted bail in May for a combined sum of around $856,000. They were released on condition that they did not leave their apartment and continued to attend hearings. However, Montenegro prosecutors appealed the decision at the High Court, and their motion was upheld, with Kwon and Han being taken into custody for a second time. Kwon has since hired the world’s biggest law firm,
11 months ago
1 min read
While Bitcoin faced an 8.0% loss in value last month due to macro uncertainty, the network’s activity remained remarkably robust. Despite market fluctuations, the daily network hash rate reached a record high, indicating the network’s health and security. This article explores the significance of the hash rate, analyzes the expectations of JPMorgan analysts regarding its potential slowdown, and highlights the increase in mining difficulty and transaction fees during May. Key Points:
12 months ago
1 min read
Tether, the world’s largest stablecoin issuer, has announced plans to mine Bitcoin in Uruguay using renewable energy. The company said it will partner with a licensed mining company in Uruguay to mine Bitcoin using renewable energy sources such as wind and hydropower. Tether’s decision to mine Bitcoin is a significant development. The company is one of the largest stablecoin issuers in the world, and its decision to invest in Bitcoin mining could have a major impact on the cryptocurrency market. Tether has said that it is mining Bitcoin in order to diversify its reserves and reduce its reliance on fiat
12 months ago
2 mins read
The Shibarium testnet has seen a surge in transactions in recent weeks, with over 14 million transactions processed since its inception on March 11. This is a significant increase from the number of transactions processed on the Ethereum mainnet, which is currently around 1 million per day. The surge in transactions on the Shibarium testnet could be due to a number of factors, including the low cost of transactions and the increased activity from the Shiba Inu community. Shibarium is a layer-2 solution that is designed to provide users with faster transaction speeds and lower fees compared to other blockchains.
12 months ago
1 min read
Bitcoin whales and sharks have been accumulating Bitcoin since the local top in April, adding a total of 93,000 BTC to their wallets. According to data from on-chain analytics firm Santiment, these investors have become a bit more cautious in the last few weeks. The relevant indicator here is the “Supply Distribution,” which measures the total amount of Bitcoin that each wallet group in the market is holding right now. The addresses are divided into wallet groups based on the total number of coins that they are carrying in their balances currently. The 1-10 coins cohort, for example, includes all
12 months ago
1 min read
The price of XRP, the native cryptocurrency of the Ripple network, has surged by 13% in the past two weeks. This strength has been pointed towards Ripple’s improving fundamentals fueling XRP’s accumulation. Crypto whales have been accumulating XRP in large quantities in recent weeks. According to crypto analyst Ali Martinez, whales have acquired over 52 million XRP in the past three weeks, totaling approximately $22.9 million. The recent whale activity coincides with the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). The resolution of this high-profile case is eagerly anticipated by the XRP Army and
12 months ago
1 min read
Kava (KAVA), the native token of the Kava DeFi platform, has rallied 10% in the past 7 days. The rally was driven by a number of factors, including: However, it is important to note that KAVA is still a relatively volatile asset, and its price could easily reverse course. Investors should carefully consider the risks before investing in KAVA. Here are some of the positive news within the Kava ecosystem that may have contributed to the price rally: These are just a few of the factors that may have contributed to the price rally of KAVA. It is important to
12 months ago
1 min read
BitDAO, a decentralized autonomous organization (DAO) with the second-largest treasury in all of crypto, has rebranded to Mantle and launched its Layer 2 network. The rebrand was approved by BitDAO’s community in a governance vote on May 19. The vote also approved plans to enable one-way conversions of the project’s BIT tokens to MNT, the new network’s native token. The rebranding is a major move for BitDAO, which has operated largely out of the limelight since its launch in 2021. The new name, Mantle, is intended to reflect the project’s focus on building a Layer 2 network that can scale
12 months ago
1 min read
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) on Tuesday sanctioned a number of crypto wallets that it says are linked to the North Korean government. The wallets, which contained bitcoin, ether, Tether’s USDT, and Circle’s USDC, belonged to an individual named Sang Man Kim, a 58-year-old North Korean citizen, OFAC alleged. The wallets were hosted by the crypto exchange Binance. OFAC said the sanctions were part of an effort to “counter the threat posed by the Democratic People’s Republic of Korea (DPRK)’s illicit weapons of mass destruction (WMD) and ballistic missile programs.” The agency said the DPRK
12 months ago
1 min read
Shibarium, the Layer-2 scaling solution for the Shiba Inu ecosystem, is seeing rising activity on its testnet ahead of a planned mainnet launch later this year. Blockchain explorer data shows that the Puppynet testnet has processed more than 11 million transactions from almost 15 million wallets since its launch on March 11. Much of that activity came in the past week, with more than 400,000 transactions over a 24-hour period on May 21. The rising activity on the Puppynet testnet is a positive sign for the future of Shibarium. It suggests that there is strong interest in the project and
12 months ago
1 min read
Tether, the world’s largest stablecoin issuer, has partnered with KriptonMarket, a leading cryptocurrency exchange in Argentina, to support the acceptance of USDT in the country. The partnership will allow KriptonMarket users to deposit, withdraw, and trade USDT on the exchange. It will also make it possible for Argentinians to use USDT to buy and sell goods and services on the KriptonMarket platform. Tether’s USDT is a stablecoin, which means that it is pegged to the U.S. dollar. This makes it a popular option for investors who are looking for a way to store their value in a cryptocurrency that is
