The recent settlement between TrustToken and TrueCoin, the developers behind the TrueUSD (TUSD) stablecoin, and the U.S. Securities and Exchange Commission (SEC) has raised significant concerns within the cryptocurrency space. The entities agreed to a settlement involving $700,000 in penalties for allegations of fraudulent activities, particularly regarding the unregistered sales of investment contracts. This settlement
rent
On October 2nd, Taiwan’s Financial Supervisory Commission (FSC) announced a significant overhaul of its Anti-Money Laundering (AML) laws aimed specifically at virtual asset service providers (VASPs). This development marks a pivotal shift in Taiwan’s regulatory landscape for cryptocurrencies, reflecting an increased commitment to combat financial crime while fostering a transparent digital assets market. Commencing January
Semilore Faleti stands out in the world of cryptocurrency journalism as a dedicated writer who has carved a niche for himself. Initially dabbling in various subjects, Semilore’s journey took a significant turn when he discovered his aptitude for dissecting the often perplexing landscape of blockchain technology and cryptocurrencies. His fascination lies not just in the
The cybersecurity landscape for cryptocurrencies has entered a paradox in Q3 2024. While the total number of hacks has dipped to an unprecedented low, a mere 28 incidents were recorded, the financial ramifications have been staggering. In total, $463.6 million was siphoned from various projects, raising significant concerns about the overall security of the crypto
The past week has been tumultuous for Bitcoin and Ethereum exchange-traded funds (ETFs) in the United States, marking a significant shift from a period of impressive net inflows to notable outflows. This sudden change can be partially attributed to growing geopolitical instability, particularly the escalating tensions in the Middle East. The market environment has shifted
In recent years, the emergence of cryptocurrencies has revolutionized the way we perceive financial systems worldwide. Semilore Faleti stands at the forefront of this transformation, rapidly establishing himself as a knowledgeable cryptocurrency writer and journalist. His foray into the complex world of digital assets is characterized by a unique blend of analytical rigor and an
Semilore Faleti stands at the intersection of contemporary journalism and the burgeoning world of cryptocurrency. With a background that initially spanned various topics, his path took a decisive turn toward the intricate realm of blockchain technology and digital currencies. In an age where financial transparency and efficiency are more important than ever, Semilore highlights the
In recent months, a striking shift has occurred in how U.S. voters perceive cryptocurrency in the political arena. A survey conducted by ConsenSys in collaboration with HarrisX indicates that nearly half of the American electorate—49%—views a pro-cryptocurrency stance as a significant criterion when evaluating political candidates. This sentiment underscores a burgeoning realization that cryptocurrency is
Ethereum (ETH) has experienced a significant decline recently, characterized by a 10.3% drop from the highs witnessed last week. The shift in momentum comes as a concern for many investors who are now questioning if ETH is approaching another correction phase. After the pivotal correction on October 1, Ethereum has struggled to regain vital resistance
The cryptocurrency market, characterized by its volatility and speculative nature, has recently attracted the attention of notable personalities, one of whom is crypto analyst Il Capo of Crypto. Recently returning to the social media platform X after a hiatus of over two months, Il Capo has shared his thoughts on the current state and future