Aave has voted to suspend ETH borrowing in response to concerns raised by users attempting to make the most of PoW ETH airdrops.
Author: adewale
adewale
Adewale Opeyemi contributed to Blockchain Journal during 2022, covering cryptocurrency markets, blockchain technology, and industry developments. His reporting focused on explaining how emerging projects, protocols, and market trends evolved, with an emphasis on clarity, structure, and factual accuracy. Every day, I want to make a difference and leave a lasting beneficial impact on my community and the world at large. This I accomplish by assisting Blockchain brands and organizations in developing the best content for effective marketing that connects and converts prospects to customers.
One of Celsius Network’s co-founders has filed a court motion seeking to have the whole of his investment in the troubled cryptocurrency startup declared worthless.
On Monday, September 5, Binance announced the launch of its BUSD auto-conversion action, which automatically converts USDC, USDP, and TUSD stablecoins to Binance’s BUSD.
All eyes in the cryptocurrency world are on the impending Ethereum (ETH) merge. Two years ago, this was just conjecture, but now it’s a proven fact. There is a lot of anxiety among ETH miners as everyone closely checks the progress made in switching to a PoS (proof of stake) system. Once the changeover is complete, miners will no longer be necessary.
The price movement in the crypto market was rather significant throughout the last week. The value of cryptocurrencies such as Bitcoin and Ethereum rose to hit highs of $20,435.46 and $1,648.95, respectively.
U.S. Congressman Brad Sherman (D-CA), one of the most vocal cryptocurrency skeptics in Washington, D.C., recently was interviewed by the Los Angeles Times, and he explains why he doesn’t think the U.S. will ban cryptocurrencies “anytime soon.”
During a court hearing, representatives for the defunct cryptocurrency platform Celsius Network said that the company intends to return a tiny amount of the funds that consumers of the platform paid into “custody” accounts kept on the platform.
Every three years, the Minister of Science and Technology is responsible for establishing a strategy for the Metaverse – Heo Eun-ah Act for the Promotion of Industry implies.
The Financial Service Agency (FSA), Japan’s top financial regulator, has said it is willing to change the country’s tax regulations. These regulations control how businesses and their investors are taxed in relation to their dealings with cryptocurrency.
Michael Saylor, co-founder and Executive Chairman of MicroStrategy Inc., is being sued for tax fraud by the District of Washington, DC. The lawsuit alleges that Saylor failed to pay income taxes totaling more than $25 million even though he has lived in the area for over a decade. Saylor is perhaps best known as the largest corporate buyer of Bitcoin.