News Explorer — SEC Settles With Firms Behind 'Purported Stablecoin' TrueUSD

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Sep 24, 5:51 pm

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SEC Settles With Firms Behind 'Purported Stablecoin' TrueUSD

TrueCoin LLC and TrustToken Inc., creators of TrueUSD stablecoin, were charged by the SEC for fraudulent and unregistered sales of investment contracts. The companies settled without admitting guilt, agreeing to pay around $700,000 in penalties.

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Sep 27, 12:01 am

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Roman Storm's Motion to Dismiss His Money Laundering Case Denied by US Federal Judge

A U.S. district court judge denied Roman Storm's motion to dismiss the money laundering case against him, ruling that pr... Read Summary

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Sep 26, 9:58 pm

www.bloomberg.com

Robinhood Considering Launching Stablecoin: Bloomberg

Robinhood and Revolut are exploring the possibility of launching their own stablecoins to challenge Tether's dominance i... Read Summary

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Sep 26, 8:32 pm

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WazirX Hackers Keep Pushing Ethereum Through Tornado Cash to Obscure Moves

The WazirX hackers have laundered $230 million through Tornado Cash, complicating recovery efforts. The main wallet stil... Read Summary

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Sep 26, 8:01 pm

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Moo Deng Surge Pushes Meme Coins Into the Green

Moo Deng (MOODENG) has surged 34% in a day and 597% in a week, becoming the largest token ever launched via Pump.fun bas... Read Summary

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Sep 26, 6:07 pm

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'Hamster Kombat' Telegram Game Airdrop Upsets Some Players

Hamster Kombat recently conducted an airdrop of HMSTR tokens for its users, with some expressing disappointment online.... Read Summary

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Sep 26, 5:35 pm

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No, Seriously: Mark Cuban Wants to Lead SEC If Kamala Is President

Mark Cuban has expressed interest in potentially leading the SEC if Kamala Harris becomes president, aiming to influence... Read Summary

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Sep 26, 5:14 pm

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Viral Hippo Meme Is Turning Lucky Traders Into Millionaires

An anonymous trader invested $800 in the meme coin Moo Deng, which surged to $3.5 million in value within hours. Specula... Read Summary

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Sep 26, 4:52 pm

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Bitcoin's $8 Billion Options Expiry Could Bring Voltality

Bitcoin has surged past $65,000, with an $8 billion options expiry expected to cause potential volatility. Deribit accou... Read Summary

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Sep 26, 4:29 pm

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Bitcoin Hits Near Two-Month High of $65,000

Bitcoin has rebounded by 3% to nearly a two-month high after a rough start in early September when its price dropped to... Read Summary

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Sep 26, 1:27 pm

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South Korea's New Regulation Introduces Life Sentences for Crypto Scammers

The Virtual Asset Users Protection Act in South Korea includes strict measures to combat crypto scams, with potential li... Read Summary

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Sep 26, 12:34 pm

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Ethereum Outperformance After Fed Rate Cut Hints at Shift in Market Dynamics

Ethereum has outperformed Bitcoin since the Federal Reserve's rate cut, indicating potential market shifts. Institutiona... Read Summary

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Sep 26, 9:23 am

Coindesk

Curve Finance Weighs Removing TrueUSD Over Track Record Concerns

A proposal on Curve Finance suggests removing TrueUSD as collateral for the stablecoin, Curve USD, due to concerns about... Read Summary

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Sep 26, 6:43 am

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New York City Mayor Eric Adams Indicted on Federal Charges Linked to Campaign Donations

New York City Mayor Eric Adams faces federal criminal charges related to his 2021 mayoral campaign, including possible i... Read Summary

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Sep 26, 2:34 am

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Meta Showcases AI Features for Mixed Reality, Including Orion AR Glasses and Ray-Ban Upgrades

Meta unveiled AI-powered features for its mixed and virtual reality products at its Connect event. The Orion AR Glasses... Read Summary

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Sep 26, 12:07 am

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New AI Model Molmo Excels in Interpreting Visual Data Efficiently. Here's How

The Allen Institute for AI (Ai2) has introduced Molmo, a family of multimodal artificial intelligence models that excel... Read Summary

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