Indian Supreme Court recovers YouTube account from XRP scammers
XRP scammers hacked the Supreme Court of India’s YouTube account, and although it was recovered, it lost its subscriber base.
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TrueUSD Audit Shows Full US Dollar Backing
TrustToken has published the results of an audit of its stablecoin TrueUSD (TUSD) in a blog post on April 8. The audit shows that it has the full amount of United States dollar reserves.Per the Independent Accountants’ Report prepared by certified public accounting firm Cohen & Company, as of March 31, 2019, the U.S. dollar…

Franklin Templeton predicts Bitcoin reserves to expand globally in 2025
Politicians in Germany and Hong Kong have signaled their interest in adopting strategic Bitcoin reserves for their nations.

Circle CEO to Testify Before Senate on Blockchain and Digital Assets
Circle co-founder and CEO Jeremy Allaire is scheduled to testify before congress tomorrow as a representative of The Blockchain Association — a business organization comprised of blockchain industry advocates. Allaire will testify before the Senate Committee on Banking, Housing and Urban Affairs in an open session hearing called “Examining Regulatory Frameworks for Digital Currencies and Blockchain.”In…

Chainalysis and Texas firm win million-dollar IRS contract to crack Monero
The IRS has named the winners of its bounty program to track transactions on privacy tokens and layer-2 protocols. On Wednesday, the IRS awarded two $625,000 contracts looking for tracing tools for privacy token Monero and Layer 2 protocols. The winners were blockchain analytics firms Chainalysis and Integra FEC.The IRS initially publicized its quest for…

Debate Over Digital Privacy Amid Pandemic Remains ‘Archaic,’ Says Algorand Founder
With some countries beginning to lift lockdown restrictions amid the coronavirus pandemic, many are focusing attention on the technological tools that can help public authorities to comply with the World Health Organization’s guidance for COVID-19 suppression —- “test, trace, isolate.” This mantra has become all the more resonant in light of the apparent failure of multiple…

Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Japanese Firm Unveils New Privacy Feature For Bitcoin Wallets
Japanese crypto firm Freessets announced a new technology that enhances Bitcoin wallet privacy. 812 Total views 29 Total shares Japanese crypto firm Freessets has announced a new technology to enhance Bitcoin wallet (BTC) privacy.According to a June 8 announcement, Freessets has created a system that allows wallets to request their addresses’ Bitcoin balances without revealing…

US Chamber of Commerce slams SEC’s ‘haphazard’ regulation efforts
The largest business organization in the world has thrown its weight behind Coinbase in its fight against the SEC. 231 Total views 1 Total shares The United States Chamber of Commerce has blasted the Securities and Exchange Commission (SEC) for its “haphazard, enforcement-based approach” to regulating the cryptocurrency industry on American soil. In an amicus brief filed…