The stablecoin, which is pegged to the US dollar, was the first token launched on the crypto exchange Poloneix’s new Intiatial Exchange Offering (IEO) platform LaunchBase. Poloniex, which is partially owned by Sun, said last month that the stablecoin would be generated from Tron tokens (TRX) through a Collateralized Debt Position on the stablecoin’s JUST platform.
Just prior to the launch of the new Poloniex token sale platform last month, Tron was hit with a class-action lawsuit alleging violations of US securities laws in connection with the sale of Tron (TRX) tokens. The complaint was part of a set of “Red Wedding” lawsuits which were filed against Binance, BitMex, and other major crypto companies—all which alleged illegal sales of tokens associated with ICOs.
Over the last few years, token sales, ICOs, and IEOs have come under heavy scrutiny from regulatory authorities such as the US Securities and Exchange Commission. What’s more, just as stablecoin trading volumes are exploding across the crypto industry, and regulators around the world are beginning to take notice of the potential “risk to global financial stability” from the growth of stablecoins.
Another solo Bitcoin miner defied the odds last week, processing a block and bagging a 3.125 BTC reward. At the time—including the transaction fees—that was a $259,637 payday. And it was one of several such solo scores in recent months.
Was the miner lucky? Is solo mining becoming more common? And can an average Joe hook up a hobby mining machine and succeed with minimal resources compared to publicly traded miners?
The answers vary. Solo miners, a term used to describe everything from individua...
Today marks what crypto enthusiasts celebrate as Satoshi Nakamoto's 50th birthday, according to the birth date the mysterious Bitcoin creator registered on his profile for the P2P Foundation—a nonprofit organization dedicated to researching and advocating for the adoption of P2P solutions.
Based on his profile, Satoshi was born on April 5, 1975. That is, of course, as unverified as most of the lore surrounding the Satoshi saga—and the date carries symbolic weight that crypto historians find too...
Machine learning has been used to detect crypto malware targeting users of bitcoinlib, a popular Python library for making Bitcoin wallets.
ReversingLabs says the malicious packages attempted to overwrite legitimate commands in order to extract sensitive database files.
Researchers say bitcoinlib is a "widely used open-source library" that allows crypto wallets to be created and managed—attracting more than one million downloads since its launch.
Named "bitcoinlibdbfix" and "bitcoinlib-dev," the...
