SEC settles charges against TrueCoin, TrustToken over TrueUSD
The securities regulator claims the token is undercollateralized and its backing funds are in a risky overseas investment.
Related Posts


Celsius, 3AC demonstrated why financial infrastructure should move on-chain
While mainstream coverage of cryptocurrency has been overwhelmingly negative in the wake of the collapse of the Terra ecosystem, the bankruptcy of Celsius and the fall of Three Arrows Capital, these events ultimately show why more of the financial system should operate on-chain, bringing more transparency and information to market participants.In all three cases, the…

Four Leading US Drug Companies Join Blockchain Project to Manage Chargebacks
Pfizer Inc. and other leading American pharmaceutical companies have joined a project to build a blockchain network for the health and pharmaceutical industry, according to a press release on May 2. McKesson Corporation, AmerisourceBergen Corporation, Premier Inc. and Pfizer Inc. have joined the MediLedger Project Contracting and Chargebacks working group.MediLedger — which is an initiative…

Ethereum’s Beacon Chain is updated after finality issues
Ethereum core developers released patches for Prysm Labs and Teku clients in response to a Beacon Chain issue preventing block finalization. 360 Total views 2 Total shares Ethereum core developers rolled out patches for Prysm Labs and Teku clients as a response to two Beacon Chain finality issues within a 24-hour period. The Beacon Chain…

Cointelegraph Consulting: Ethereum’s on-chain activity surges and bullish sentiment spikes
The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, indicates that discussions around Ethereum have switched from highly bearish to predominantly bullish. Historically, this hasn’t meant good news for the token's price.Ethereum’s on-chain activity, measured by unique daily addresses, has rebounded from its nose dive at the end of summer. The latest surge…

MEMX exchange files to list 21Shares XRP ETF
The exchange seeks to list the ETF as a commodities-based trust, according to the filing.

‘Overly optimistic’ Bitcoin traders washed out as BTC futures turn ‘neutral’
The Bitcoin futures premium plunged to its lowest levels in 10 months, but traders have refused to turn bearish.

Price Analysis April 13: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK
Famed investor Mike Novogratz believes that additional crypto adoption and more drastic central bank actions will benefit Bitcoin. The Galaxy Digital CEO said that hedge funds and high-net worth individuals have been buying Bitcoin (BTC). However, Novogratz expects the U.S. equity markets to go down, hence, he “got short Friday for the first time in…

‘Dogs—? Who Cares’ — XRP Price Flags as BitMEX Debuts Perpetual Swaps
Controversial altcoin XRP has finally launched on crypto derivatives giant BitMEX — but so far, its price has failed to react.In a tweet on Feb. 3, BitMEX confirmed it had decided to support XRP, the third-largest cryptocurrency by market cap, for perpetual swaps against the United States dollar.XRP squeezes out 7% gainsDespite regular efforts from…