The U.S. Securities and Exchange Commission (SEC) announced settled charges against crypto companies Trusttoken Inc. and Truecoin LLC. The charges allege fraudulent misrepresentations and unregistered sales of investment contracts related to the stablecoin trueusd (TUSD). U.S. Securities Regulator Charges Crypto Companies Trusttoken and Truecoin According to the SEC’s complaint released on Tuesday, Truecoin and Trusttoken […] Source: https://news.bitcoin.com/trusttoken-truecoin-settle-sec-charges-over-misleading-tusd-claims/
Month: September 2024
Uganda’s Mitroplus Labs Unveils Afro, a Pan-African Meme Token
Mitroplus Labs Africa, a Ugandan blockchain education institution, launches “Afro” meme token on Tron’s Sunpump network. Afro, represented by an African girl, is intended to promote African identity in blockchain education. Founder Ivaibi Festo says Afro’s success will demonstrate Mitroplus Labs’ ability to develop utility tokens. The token will be integrated with educational seminars and […] Source: https://news.bitcoin.com/ugandas-mitroplus-labs-unveils-afro-a-pan-african-meme-token/
Sky reevaluates plan to offboard WBTC following discussion with BitGo CEO
BA Labs, an advisor to DeFi lender Sky, says its concerns with Tron founder Justin Sun’s involvement in the custody of the Wrapped Bitcoin token have been addressed and new recommendations will be put to a vote on Oct. 3. Source: https://cointelegraph.com/news/sky-reconsiders-wbtc-offboaring-plan-following-discussion-bitgo-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Congressman Blasts SEC Chair Over Crypto Regulation Failures
Congressman Tom Emmer sharply criticized U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler during a congressional hearing, questioning his leadership and approach to cryptocurrency regulation. “The SEC broke the law, your attorneys lied to the court, and no one in your leadership here in D.C. has been held accountable,” the lawmaker stressed. Tom Emmer […] Source: https://news.bitcoin.com/congressman-blasts-sec-chair-over-crypto-regulation-failures/
MoneyGram admits ‘cybersecurity issue’ behind dayslong outage
MoneyGram’s services have been offline since Sept. 20, with the firm confirming the outage is due to a cybersecurity incident three days later. Source: https://cointelegraph.com/news/moneygram-says-cybersecurity-issue-dayslong-outage?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BlackRock's head of crypto doesn’t see Bitcoin as a ‘risk on’ asset
Equities, unemployment, job numbers, or manufacturing really have no connection to Bitcoin, argues BlackRock’s head of digital assets. Source: https://cointelegraph.com/news/bitcoin-not-risk-on-asset-says-blackrock-head-of-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
AI Can Best Google’s Bot Detection System, Swiss Researchers Find
Researchers using artificial intelligence have cracked one of the most widely-used CAPTCHA security systems, which are designed to keep bots off of websites by determining whether a user is human. Using advanced machine learning methods, researchers from Switzerland-based university ETH Zurich solved 100% of captchas created by Google’s popular reCAPTCHAv2 product using a similar number of attempts as human users. …
Binance Helps Indonesian Authorities Recover Funds in Crypto Fraud Bust
Crypto exchanges Binance and Tokocrypto collaborated with Indonesian law enforcement to crack down on a crypto scam, seizing $200,000 in stolen assets. “During the investigation, multiple individuals involved in managing the accounts that received the stolen funds were arrested,” Binance stated. Binance and Tokocrypto Help Bust Major Crypto Fraud in Indonesia Crypto exchange Binance announced […] Source: https://news.bitcoin.com/binance-helps-indonesian-authorities-recover-funds-in-crypto-fraud-bust/
Gensler grilled as most ‘destructive’ SEC chair before congressional hearing
SEC Chair Gary Gensler has taken heat from lawmakers and members of his own agency during a House Financial Services Committee hearing over his handling of crypto regulation in the United States. Source: https://cointelegraph.com/news/sec-chair-gary-gensler-grilled-lawless-destructive-enforcement-crypto-regulation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Magic Mushrooms Are a Promising Treatment For Depression, New Study Finds
Psilocybin, the naturally occurring psychedelic compound found in certain types of mushrooms, appears to offer relief to people suffering from depression, on a par with common antidepressants—and with fewer side effects, according to a new study. The report, published Saturday in medical and health news outlet Medical Xpress by researchers from the European College of Neuropsychopharmacology, said psilocybin and standard…