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DeFi lending protocol Aave Protocol said the TRM API on its app was responsible for blocking addresses that received ETH from unknown sources through Tornado Cash.
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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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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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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.
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.
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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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.
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.