External news feeds 325/2002

TrustToken, TrueCoin Settle With SEC Over Fraud Accusations in Stablecoin Investing

TrustToken and TrueCoin – now rebranded and under the umbrella of Archbock Inc. – settled accusations that they knowingly misrepresented the backing of the TrueUSD {{TUSD}} stablecoin and offered securities tied to it without properly registering…

Animoca Brands, The Sandbox, and Smobler Launch Virtual Peace Sanctuary in Metaverse

Animoca Brands, a company specializing in digital property rights and gaming, alongside The Sandbox, a decentralized virtual world, and Smobler, a metaverse architecture firm, have launched the virtual Universal Peace Sanctuary. The project, hosted…

What to Expect at Former Alameda Research CEO Caroline Ellison's Sentencing

Former Alameda Research CEO Caroline Ellison will learn her fate in a few hours. She may spend the next several months or years behind bars, but her attorneys, the Department of Justice and the Probation Office all seem to think she should remain a…

Building LNbits — the WordPress for Your Bitcoin Lightning Node — With Ben Arc

Company Name: LNbitsFounders: Ben ArcDate Founded: Project: 2019 | Company: 2022Location of Headquarters: Fully remote (most developers based in Europe)Amount of Bitcoin Held in Treasury: N/ANumber of Employees: 6 (+ “a couple dozen other…

'We are Running Out of Time': U.S. House Democrat Urges Stablecoin Bill Compromise

U.S. Rep. Maxine Waters (D-Calif.), the House Financial Services Committee's ranking Democrat, suggested in a Securities and Exchange Commission oversight hearing on Tuesday that she and the Republican chairman should finish a bill this year to…

Ethereum Users Face Higher Fees as Onchain Transaction Costs Rise

Since Sept. 15, 2024, onchain fees on the Ethereum network have seen a steady rise, jumping from $1 per transaction to $5.08 by Sept. 20. Though there was a slight dip, bringing fees down to just over $4 on Sept. 23, the average cost per transfer…