Author: hassan

Hassan Shittu contributed to Blockchain Journal as a cryptocurrency journalist, covering blockchain technology, digital asset markets, and broader industry developments. His reporting focused on delivering clear, timely coverage of crypto-related news, with attention to market structure, ecosystem trends, and factual accuracy.

The House Ethics Community announced on Monday it is investigating the scandal-plagued GOP Rep. Madison Cawthorn of North Carolina to find out whether he may have engaged in an improper relationship with his congressional aide and to investigate the complaint of being involved in the improper promotion of a cryptocurrency in which he may have had an undisclosed financial interest.

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India’s government uncertainty about crypto was brought into focus at the ongoing World Economic Forum (WEF) Annual Meeting in Davos by Ashish Singhal, Co-founder & CEO of Coinswitch. In the interview with Reuters, Singhal noted the Government’s inconclusive and uncertain principle on the crypto sector.

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The Sandbox, a leading decentralized gaming virtual world and a subsidiary of Animioca brands, is proud to announce the acquisition of the Uruguayan Company, Cualit, a full-stack gaming development technology firm. The Sandbox acquired the company to boost its Web3, Metaverse, and blockchain innovations and development capabilities through its access to development resources and providing access to regional talent.

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One of the Ethereum (ETH) blockchain public Testnet, Ropsten, is predicted to undergo “the Merge” on June 8, 2022. Ropsten is a public network running on a proof-of-work mechanism, used by protocol developers or Smart contract developers to majorly test a protocol upgrade. It is also used to test potential Smart contact in a production-like environment before deploying on the Mainnet.

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In the last 24 hours, the global crypto market cap continued to crash amid a prevailing fear of an extreme shrink of the crypto market to the point of no return. According to Coinmarketcap, the global market cap dropped from $1.29 trillion in the last few days to $1.24 trillion on Wednesday. The price of all altcoins has dropped drastically, with Bitcoin (BTC), the largest cryptocurrency crashing below $29k.

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