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 in a Tuesday statement.
Caroline Ellison was sentenced Tuesday afternoon.
Traders Tuesday pushed expectations of a second consecutive 50 basis point rate Fed rate to 60%.
An influential adviser to DeFi lender Sky, formerly known as MakerDAO, now says their concerns have been adequately addressed regarding Tron founder Justin Sun’s involvement in the custody of bitcoin backing the WBTC token.
The change comes as Crypto Twitter points out that Harris doesn’t have a crypto policy in her platform.
Donald Trump has increasingly embraced Bitcoin and crypto during his 2024 presidential campaign. Recently, when asked about the future of crypto, Trump responded that he thinks “crypto has got a great future” and floated using it to pay off the $35 trillion U.S. national debt. BREAKING: 🇺🇸 Donald Trump says, “I think crypto has got … Read more
Since its inception in 2009, Bitcoin has undergone several forks, or splits, that have given rise to new cryptocurrencies and variations of the original protocol. As of May 2024, there are over 100 Bitcoin forks in existence, with varying degrees of adoption and success. These forks have sparked intense debates within the cryptocurrency community. Some … Read more
Matt Hougan, chief investment officer of Bitcoin and crypto asset manager Bitwise Investments, claims the “most powerful people in finance” are allocating to Bitcoin and crypto. JUST IN: 🇺🇸 $4.5 billion Bitwise CIO says, “the most powerful people in finance” are allocating to #Bitcoin and crypto. Are you paying attention? 👀 pic.twitter.com/NrRfSstkkr — Bitcoin Magazine … Read more
Company Name: LNbits Founders: Ben Arc Date Founded: Project: 2019 | Company: 2022 Location of Headquarters: Fully remote (most developers based in Europe) Amount of Bitcoin Held in Treasury: N/A Number of Employees: 6 (+ “a couple dozen other developers”) Website: https://lnbits.com/ Public or Private? Private Five years ago, Ben Arc first had the vision … Read more
The broker started coverage of the bitcoin miner with a buy rating and a $16 price target.
