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. Go to Source
Month: September 2024
Economist Jim Rickards: Fed’s Narrative Is Wrong, Recession Coming
Jim Rickards, a renowned economist and author of several best-selling books, has explained that the recent Federal Reserve 0.5% interest rate cut shows that the institution has fallen behind the curve and is “in a little bit” of a panic mode, with a recession coming according to several technical indicators. Jim Rickards Warns About Coming … Read more
Finance traders will be first to spot superintelligent AI — Wharton prof
Ethan Mollick’s commentary sparked speculation from the cryptocurrency community. Go to Source
Animoca Brands, The Sandbox, and Smobler Launch Virtual Peace Sanctuary in Metaverse
Animoca Brands, a company specializing in digital property rights and gaming, alongside The Sandbox, a decentralized virtual world, and Smobler, a metaverse architecture firm, have launched the virtual Universal Peace Sanctuary. The project, hosted in The Sandbox metaverse, aims to foster global peace and cultural understanding. Virtual Peace Sanctuary Debuts in The Sandbox Metaverse, Backed … Read more
$8.1B in Bitcoin options expire this month — Do bulls or bears have the upper hand?
Will this week’s $8.1 billion Bitcoin options expiry fuel a rally to $70,000 or should traders anticipate a correction? Go to Source
USDC issuer Circle launches onchain compliance platform
It’s an important step toward winning the tokenized RWA market as Circle continues to vye with stablecoin leader Tether. Go to Source
Multi-Chain Bridge Network Lunex (LNEX) Reveals IDO Plans For 2024
Multi-chain bridge protocol Lunex Network is thrilled to announce its plans to launch its Initial DEX Offering (IDO) in 2024. The groundbreaking multi-chain bridge, which will feature over 50,000 crypto pairs on 40+ blockchains, represents the dawning of a new era of cross-chain settlement for its users. It offers a vital service and pathway to … Read more
Zimbabwe’s Central Bank to Shield Gold-Backed Currency From Market Volatility
Zimbabwe’s central bank governor, John Mushayavanhu, has stated that the bank might use its foreign currency reserves to protect the Zimbabwe Gold (zig) from severe market disruptions. He also pledged to maintain a tight monetary policy to ensure stable inflation and exchange rates. The zig, a gold-backed currency, has experienced a decline in value against … Read more
MTT Sports Shines at Token 2049: Play and Earn BTC
PRESS RELEASE. ONE WEEK, ONE BTC, UP TO 100 BITCOINS! FREEROLL! Indeed, one Bitcoin every week! This is the Bitcoin tournament to be launched by the MTT Sports project in October, which attracted significant attention at Token 2049 in Singapore. Best of all, it’s entirely free for participants. What exactly is MTT Sports? Over the … Read more
Solana Labs partners with Google Cloud to launch Web3 API
The new “Gameshift” service will serve as a Web2-to-Web3 bridge for developers. Go to Source