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Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement
25.9.2024
Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TUSD following the resolution of U.S. Securities and Exchange Commission (SEC) charges against Trusttoken Inc. and Truecoin LLC, the companies behind the dollar-pegged token. TUSD Faces Removal From Curve Finance...
Curve mulls dropping TUSD as crvUSD backing after SEC charges
25.9.2024
The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to back Curve's stablecoin
Curve mulls dropping TUSD as crvUSD backing after SEC charges
25.9.2024
The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to back Curve's stablecoin
Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD Claims
25.9.2024
The U.S. Securities and Exchange Commission (SEC) announced settled charges against crypto companies Trusttoken Inc. and Truecoin LLC. The charges allege fraudulent misrepresentations and unregistered sales of investment contracts related to the stablecoin trueusd (TUSD). U.S. Securities Regulator...
SEC settles charges against TrueCoin, TrustToken over TrueUSD
24.9.2024
The securities regulator claims the token is undercollateralized and its backing funds are in a risky overseas investment
SEC settles charges against TrueCoin, TrustToken over TrueUSD
24.9.2024
The securities regulator claims the token is undercollateralized and its backing funds are in a risky overseas investment
TrustToken, TrueCoin Settle With SEC Over Fraud Accusations in Stablecoin Investing
24.9.2024
TrustToken and TrueCoin – now rebranded and under the umbrella of Archbock Inc. – settled accusations that they knowingly misrepresented the backing of the TrueUSD {{TUSD}} stablecoin and offered securities tied to it without properly registering, the U.S. Securities and Exchange Commission said...
Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD
17.2.2023
Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrink.”
Best Crypto to Buy Today 21 November – D2T, TWT, TARO, XEM, IMPT
21.11.2022
It has been another gruesome day in the cryptocurrency market, with Bitcoin price sliding to $16,000. Ethereum, the second-largest cryptocurrency, dropped further down the rabbit hole and is trading 5% lower on the day at $1,117. The sell-off accompanied a 3.6% decline in the crypto market cap...
Best Cryptos to Buy Now 17 November – D2T, TWT, TARO, CHZ, RIA
17.11.2022
The untimely collapse of FTX and its sister company Alameda has had far-reaching implications on the cryptocurrency market. As investors go back on the drawing board, they may consider assets like Dash 2 Trade (D2T), Trust Wallet (TWT), RobotEra (TARO), Chiliz (CHZ) and Calvaria (RIA). These crypto...
Best Crypto to Buy Now 15 November – D2T, TWT, IMPT, QNT, RIA
15.11.2022
The crypto markets remain in wait-and-see mode as investors come to grips with the collapse of FTX and the possivle.
The next few weeks could determine if a recovery will grace the year-end celebrations or should more bleeding be expected....
Read More: Best Crypto to Buy Now 15 November –...
Uncollateralized Lending Platform Truefi Reveals $100 Million Single-Borrower Pool Designed for Blockchain.com
25.4.2022
The crypto firm Blockchain.com has revealed it has secured up to $100 million in liquidity from Truefi’s single-borrower pool. The pool will be initially capped at $100 million over the first year and Blockchain.com aims to use the funds to bolster its own “liquidity pools, leverage...
Uncollateralized Lending Platform Truefi Raises $12.5 Million From A16z, Alameda and Blocktower
7.8.2021
Truefi, an uncollateralized loan platform, has raised $12.5 million from three important investors. The token sale was led by Blocktower, a New York-based cryptocurrency investment firm. Other important investors were Alameda Research — owned by Sam Bankman-Fried, founder of FTX —...
TrustToken Taps Chainlink for On-Chain Proof of Reserves for TrueUSD Stablecoin
11.11.2020
The transparency measure is meant to provide additional certainty for decentralized finance (DeFi) traders who often rely on asset-backed stablecoins
TrustToken Shines as Its Stablecoins Gain Popularity
1.1.2020
If you are someone who has been active in the cryptocurrency domain for a long time, then you must be aware of the risk of price volatility which these digital coins carry with them. A major section of the society has failed to accept cryptocurrencies as the sole payment settlement system owing...
New Blockchain Tool Promises Verifiable Audits in 30 Seconds
2.11.2019
A new blockchain-based system speeds up audits but doesn't replace accountants
Former Employees of JPMorgan, Intel, and TrustToken to Launch New USD Backed Stablecoin
2.10.2019
Former employees of the world’s leading bank JPMorgan, tech giant Intel and crypto-blockchain company TrustToken have joined hands to launch a new USD-backed cryptocurrency called USD Digital (USDD). This stablecoin will be launched by the Global Currency Organization (GCO), a project started...
Former Employees of JP Morgan, Intel and TrustToken Launch Stablecoin
1.10.2019
Former employees of JPMorgan, Intel, and TrustToken are launching a new stablecoin, dubbed the USDD
Binance DEX About to List TrustToken’s GBP, USD, HKD, CAD, and AUD Stablecoins
8.8.2019
Binance Decentralized Exchange (DEX) is all set to list as many as five new stablecoins on its platform. All the five stablecoins pegged to fiat are from the recognized issuer TrustToken, a firm backed by the renowned venture capital company Andreessen Horowitz (also known as a16z). TrustToken...
Trading Platform Bitrue Partners with TrustToken, Will Allow Deposits of TUSD on the Platform
27.7.2019
Innovation focused crypto exchange Bitrue has announced a partnership with TrustToken, the stablecoin project behind TrueUSD and TrueGBP stablecoins. The partnership will allow users to buy TUSD directly from TrustToken via the Bitrue Exchange and deposit them on the platform itself. We're...