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Former Coinbase Executives Launch TrueX: A Stablecoin-First Exchange and PayPal USD Settlement Network

TrueX, a non-custodial crypto trading platform, launches with $9M backing, using PayPal's PYUSD for stablecoin settlements.

Truflation Research Report: Decentralized RWA Index Network

Truflation is a decentralized indexing network that continuously verifies and compiles data from multiple sources, with an emphasis on transparency in methodology and management.

Meme coin TruthOrDare (DARE) issuer Mikol has recovered from being a self-immolation performer with fireworks, and conquering Mount Everest is his next suicide plan

Nubit — The Modular Indexer That Will Change Bitcoin

The solution proposed by Nubit is not to perform integrity checks on the entire state transition, but to simplify it to checking the validity of a small number of checkpoints.

TrueUSD Stablecoin Sees Depreciation as Users Flock to USDT: Unraveling the Exodus

TrueUSD (TUSD) devalues to $0.984, breaking 1:1 peg with USD. Binance outflows contribute. Upgrade and API issues raise concerns about undercollateralization and market discrepancies.

South Korea's Bithumb Exchange Lists Osmosis (OSMO) Coin, Announces Price Volatility at Listing

Bithumb, South Korea's exchange, adds Osmosis (OSMO) on Korean Won market, enabling exclusive trading and an airdrop event.

Former Bithumb Chairman Faces 8-Year Sentence

Former Bithumb Chairman, Lee Jeong-hoon, faces an eight-year prison sentence over allegations of manipulating Bithumb's governance in a complex cryptocurrency scandal, with a verdict set for January 18, 2024, potentially impacting Bithumb's future and regulatory scrutiny in the industry.

Bithumb Offices Raided as Legal Woes Pile up

The raid centers around suspected price manipulation of an unidentified coin.

Bithumb’s “Real” Owner Faces Arrest Warrant on Embezzlement Charges

The Kang siblings are charged with embezzlement, breach of trust, and market manipulation. 

Bithumb’s Owner Found not Guilty on Charges of Fraud

Lee Jung-hoon will not go to prison after Judge Kang Gyu-Tae proclaimed him not guilty of committing fraud.