Why Justin Sun Was Blocked From This Ethereum DeFi Protocol

Diplomat and founder of the TRON network, Justin Sun, confirmed that one of his addresses was blocked from using the Ethereum decentralize finance (DeFi) protocol Aave. Via Twitter, Sun claimed that he received 0.1 ETH from Tornado Cash leading to his address being added and blocked by the protocol.

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Crypto Billionaire Sam Bankman-Fried, Justin Sun Reportedly Eyeing Majority Takeover Of Huobi | Bitcoinist.com

The founder of crypto exchange Huobi Global, Leon Li, is in discussions to sell nearly 60% of his investment in Huobi, which accounts for 5% of all crypto trading volume. Reports on Saturday indicate the deal is priced between $2 and $3 billion.

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Crypto community divided over Ethereum hard fork

Following Chandler Guo’s public vow to fork Ethereum (ETH), the call for a hard fork has grown significantly, leaving stakeholders to pitch their tent on different sides.
Tron (TRX) founder Justin Sun and his crypto exchange Poloniex were one of the first supporters of the idea.

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TRON (TRX) TVL Rose More Than $1.9 Billion in July – BeInCrypto

TRON TVL spiked in July due to renewed investor interest in decentralized finance (DeFi). 
TRON has been among the most patronized decentralized finance smart contracts in the last two years. According to Be[In]Crypto research, the blockchain increased by 49% in TVL in July. On July 1, TVL was $3.

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Justin Sun’s Poloniex supports Ethereum proof-of-work hard fork

Justin Sun, Tron’s (TRX) founder, has revealed support for Ethereum’s (ETH) proof-of-work (PoW) hard fork.
In an August 4 tweet, Sun said he would donate some coins to the forked Ethereum PoW community to develop its ecosystem.

We currently have more than 1 million #ETH.

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We’ll Use 1M ETH Stash to Support Ethereum Fork, Justin Sun Pledges

Key Takeaways

Justin Sun has said he will support an Ethereum hardfork by donating ETH to the ecosystem following a successful launch.
It comes after crypto some community members have discussed forking Ethereum ahead of “the Merge” to preserve a Proof-of-Work ecosystem.

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Justin Sun Pledges 1 Million ETH To Hard Fork As Ethereum Miners Generate $11 Billion In 2022 – Ethereum World News

Summary:

Revenue from Ethereum mining has surpassed proceeds boasted by Bitcoin miners.
Arcane research shows that ETH miners have generated around $11 billion in 2022 so far.
Bitcoin miners have managed $10 billion as of press time.

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