TrueUSD (TUSD) is a fiat-backed stablecoin focused on transparency, security, and fast transactions across multiple blockchains.
Michael Ndu-okeke
A country’s central bank issues a central bank digital currency (CBDC) as a digital asset class. It is the digital form of a country's fiat currency. Digital CBDCs differ from other crypto assets because their value is often pegged to the country's central bank, near the country's local currency. CBDCs are hot in various jurisdictions…
The Argentine Chamber of Duties voted to launch a commission tasked with probing the country’s top officials involved in the Libra memecoin Debacle. According to a Decrypt report, the Chamber of Duties voted Tuesday to approve three draft resolutions establishing a special commission to investigate the LIBRA crypto scandal. The Libra memecoin scandal seriously dented…
Key Insights Strategy has filed a Current Report Form with the US SEC, indicating its plans to sell its BTC holdings to pay off debts. The BTC holding firm founded by Michael Saylor stated that it would sell its holdings if the price of Bitcoin continued to drop. Strategy remains the most…
The two existing crypto ETFs recorded no inflows yesterday as the crypto market was hit with another slump. The Bitcoin ETFs saw only exits, while Ethereum ETFs recorded no single transaction across all nine funds. The abysmal performance of the ETF products aligns with the current market trend, which is highly bearish following the continuation of Donald…
Key Insights Binance announced it is delisting 14 Altcoins following a comprehensive evaluation of the tokens. The Tokens evaluated using the Vote to Delist standard fell short of the requirements, so they were delisted from the Exchange. The Delisting process would take effect from 2025–04–16 03:00 (UTC) Binance, the largest crypto exchange in the industry,…
The 11 Bitcoin ETFs ended yesterday with a $218.1 million inflow, ending three straight days of outflow that saw the funds lose $311.6 million. The Bitcoin ETFs have slowly recovered from the Early March meltdown fuelled by Donald Trump's Tariff wars with geopolitical rivals. The dark days saw Bitcoin drop to as low as $75,000 from…
A recent report by Chainplay revealed that 83% of crypto users and investors have been scammed or hacked before highlighting the menace of bad actors in the crypto industry. Chainplay, in collaboration with Storible, investigated 444 Crypto projects and surveyed 2,101 investors to arrive at their verdict, which they shared in a Chainplay blog post.…
Forbes Magazine released the 2025 edition of its annual list of the world's wealthiest individuals, and 14 Crypto billionaires made the cut. The world’s most authoritative voice on wealth released its annual rich list yesterday, featuring 3,028 billionaires worldwide. The list includes interesting details like their various industries and newcomers. Fourteen individuals on the list represented…
Key Insights Cyvers Alerts detected a $70 million hack on Payment Solution Provider UPCX marking the first major exploit of the new month The Hackers stole $70 million by compromising the platform's three management accounts UPCX has currently suspended deposits and withdrawals pending outcome of investigations Leading Digital Assets Security firm…