In a significant legal development within the cryptocurrency landscape, TrustToken and TrueCoin, the entities responsible for the TrueUSD (TUSD) stablecoin, have entered into a settlement agreement with the U.S. Securities and Exchange Commission (SEC). This settlement stems from allegations concerning fraudulent and unregistered sales tied to TUSD, raising alarms about transparency and regulatory compliance in
In an era when digital assets are reshaping the landscape of finance, the role of journalists who specialize in cryptocurrency has never been more crucial. Semilore Faleti, a notable figure in this realm, has carved out a niche for himself by unraveling the complex threads of blockchain technology and its myriad applications. Originally dabbling in
The intersection of cryptocurrency and mobile gaming continues to expand, and Rocky Rabbit is a prime example of this synthesis. Following the conclusion of its airdrop of RabBitcoin (RBTC) tokens on The Open Network (TON), the game has offered players novel opportunities to bolster their crypto portfolio. In this article, we will examine the innovative
The cryptocurrency market is known for its volatility, but even by its standards, the past week has been particularly turbulent for Bitcoin and Ethereum exchange-traded funds (ETFs). Following a notable period of significant capital inflow, recent geopolitical tensions, particularly surrounding conflicts in the Middle East, seem to have prompted a drastic shift in investor sentiment.
Wrapped Bitcoin (WBTC) represents a fascinating evolution in the cryptocurrency landscape, serving as a bridge between Bitcoin and decentralized finance (DeFi). Developed through a collaboration among BitGo, Kyber Network, and Ren, WBTC allows users to utilize Bitcoin on smart contract platforms like Ethereum and Solana at a 1:1 ratio. This innovative solution not only enhances
Opeyemi’s entry into the world of cryptocurrency was not a tale of destined paths but rather a serendipitous journey that evolved over two years. Initially, it might have seemed like an unexpected diversion from his original ambitions, yet his foundational curiosity soon transformed into a profound passion. This area of digital assets, often viewed as
In a landmark move aimed at expanding its user base, cryptocurrency exchange Bybit announced on September 24 the launch of an Islamic crypto account designed specifically for Muslim traders. This initiative reflects a growing trend in the fintech industry to create products that align with the values and principles of diverse religious communities. Bybit’s CEO,
On October 2nd, Taiwan’s Financial Supervisory Commission (FSC) introduced significant updates to its Anti-Money Laundering (AML) framework targeting virtual asset service providers (VASPs). The FSC’s initiative aims to reinforce supervisory control over a rapidly evolving digital asset market, marking an important step in regulating the cryptocurrencies that have proliferated globally. The new regulations will come
As we wrap up the third quarter of 2024, the cybersecurity landscape presents a paradox: while incidents of cyber-attacks have plummeted to a three-year low, the repercussions of those that did occur reveal alarming vulnerabilities. Only 28 breaches were reported during this period, resulting in a staggering loss of $463.6 million. While on the surface,
The recent sale of CryptoPunk #1563 for an astonishing $56.3 million has ignited a whirlwind of discussions and skepticism within the cryptocurrency and digital art communities. At the center of this transaction lies a controversial narrative involving potential promotional strategies for a forthcoming meme coin known as “Kamala Harris Punk.” As layers of this story
