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.

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Goldman Sachs, Coinbase alumni debut TrueX, a stablecoin-centric crypto exchange

TrueX's stablecoin-centric approach could redefine crypto trading stability, potentially attracting institutional investors and enhancing market predictability.

The post Goldman Sachs, Coinbase alumni debut TrueX, a stablecoin-centric crypto exchange appeared first on Crypto Briefing.

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The Sandbox raises $20M at $1B valuation, promises to expand creator economy

During a period when major metaverse projects are struggling to gain traction following the bear market of 2022 to 2023, Sandbox announced that it has added over 330,000 unique creators.

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Bitrue Pledges to Stand by XRP in Bear and Bull Conditions

Leading Singapore-based crypto exchange, Bitrue, promises to support XRP irrespective of market conditions.  In a recent X post, Bitrue emphasized…

The post Bitrue Pledges to Stand by XRP in Bear and Bull Conditions first appeared on The Crypto Basic.

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Bitrue Urges Uncertain Investors to Go All-In on XRP

Prominent crypto exchange Bitrue continues to promote investment in XRP despite the downturn witnessed across the broader market. The exchange…

The post Bitrue Urges Uncertain Investors to Go All-In on XRP first appeared on The Crypto Basic.

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Bitcoin breaks 18-month hashrate uptrend: Are BTC miners capitulating?

Despite the drop in hashrate, Bitcoin miner selling isnt correlated with the BTC price drop from $71,100 to $66,000.

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How Trade Wars Can Encourage Governments to Adopt Web3 Technology Truebit

The global trade disputes we are witnessing today have the potential to accelerate the adoption of Web3 technologies by governments. This shift towards embracing Web3 platforms like TrueBit could revolutionize the way countries conduct business and interact with one another on the international stage. Trade wars and economic tensions have long been a part of [...]

The post How Trade Wars Can Encourage Governments to Adopt Web3 Technology – Truebit appeared first on Crypto Breaking News.

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Stablecoin Supply Shift: TUSD Jumps 110% While Others Experience Reductions

Four stablecoins have reduced their supplies this month, while the stablecoin token TrueUSD (TUSD) has seen its supply jump 110% higher over the last 30 days. TUSD resides natively on four different blockchains. The number of Ethereum-based TUSD rose 27%, while the number of Tron-based TUSD stablecoins increased by 218%. TUSD Supply Swells, Tron-Issued Stablecoins [...]

The post Stablecoin Supply Shift: TUSD Jumps 110% While Others Experience Reductions appeared first on Crypto Breaking News.

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Surge in ADA Futures Trading as Traders React to Trumps Crypto Reserves Announcement on Bitrue

After President Trump’s surprising announcement regarding a potential U.S. cryptocurrency reserve, traders have rapidly increased their long positions in ADA futures on Bitrue. The market reaction was swift and significant, with many investors betting on the future potential of ADA. This surge in interest and trading activity has led to a sharp spike in ADA [...]

The post Surge in ADA Futures Trading as Traders React to Trump’s Crypto Reserves Announcement on Bitrue appeared first on Crypto Breaking News.

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TUSDs Supply Halves as It Drops to 8th Rank Among Stablecoins

Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024, the circulation was approximately 1.1 billion TUSD, which then plummeted to just 612 million. Supply Slash Sees TUSD Fall From Top 5 Stablecoin Rankings to 8th Position Previously ranked among the top five dollar-pegged cryptocurrencies [...]

The post TUSDs Supply Halves as It Drops to 8th Rank Among Stablecoins appeared first on Crypto Breaking News.

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Bitrue Drainer Sells Stolen Assets

Reports have surfaced regarding the Bitrue Drainer, who allegedly pilfered $23.5 million worth of assets on April 14, 2023, making another significant sale in the past 24 hours. This time, the individual unloaded 4,207 ETH for 16.34 million DAI at a price of $3,885 per ETH. The stolen assets from […]

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Turns out, it’s pretty difficult to insure crypto users and platforms

Crypto insurance providers spend enormous amounts of time judging whether to provide coverage to a crypto company, and almost none of them offer assurances to individuals, insurance and crypto executives told Cointelegraph. Last year saw $3.9 billion stolen from crypto companies, decentralized finance platforms and users, a massive 22% rise from the prior year — [...]

The post Turns out, it’s pretty difficult to insure crypto users and platforms appeared first on Crypto Breaking News.

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Binance Finalizing BUSD Phase Out with New Range of TUSD Pairs

TUSD has seen a big increase in trading volume recently.

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Bitrue Reports Technical Glitch Causing Mass Liquidations of XRP Orders on its System

What – Bitrue Crypto platform experiences a technical glitch that has affected XRP orders on its system Why – This is after its system had [...]

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Bitrue says technical glitch impacted XRP orders on its system – causing mass liquidations

Singapore-based cryptocurrency exchange Bitrue said it experienced a technical glitch that affected XRP orders on its system on April 26. According to the crypto exchange, the issues occurred between 07:15 to 07:16 (UTC), leading to orders for XRP/USDT with incorrect prices and quantities. XRP flash crashes to 0 Several crypto community members pointed out that […]

The post Bitrue says technical glitch impacted XRP orders on its system – causing mass liquidations appeared first on CryptoSlate.

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End of an Era: Over 4 Years Pass Without Self-Proclaimed Satoshis

Satoshi Nakamoto, a captivating figure in the world of cryptocurrencies, remains an enigma, intriguing both crypto enthusiasts and experts. Numerous individuals have stepped forward over the years, proclaiming themselves as the elusive creator of Bitcoin. However, none of them have succeeded in providing substantial evidence or convincing the wider crypto community. Interestingly, it has been [...]

The post End of an Era: Over 4 Years Pass Without Self-Proclaimed Satoshis appeared first on Crypto Breaking News.

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Stablecoin Market Slumps for 14th Consecutive Month

Stablecoin market shrinks for the 14th month, raising concerns for cryptocurrency prices and liquidity.

Continue reading at DailyCoin.

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TrueUSD Announces Having No Exposure To Struggling Prime Trust

On June 22, TrueUSD tweeted that its TUSD stablecoin has “no exposure” to the ailing Prime Trust, which is allegedly

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XRP Holders to Earn Rewards on Singaporean Exchanges

MEXC Global and Bitrue offer XRP traders rewards, while Coreum blockchain prepares for community airdrops.

Continue reading at DailyCoin.

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TUSD supply spiked ahead of Bitcoin’s $30K rally

On June 21, Bitcoin (BTC) surged past the $30,000 mark for the first time in two months, a significant milestone for the volatile cryptocurrency. This rally contributed to an uptick in derivatives trading, increased spot trading, and increased coins withdrawn from exchanges, as identified in a recentCryptoSlate Alpha insight. In the week leading up to […]

The post TUSD supply spiked ahead of Bitcoin’s $30K rally appeared first on CryptoSlate.

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