TrueUSD (TUSD) ABD Dolar Rezervi Desteği Geliyor! | Kripto Kılavuz
Connect with us

News

TrueUSD (TUSD) US Dollar Reserve Support Coming!

TrueUSD (TUSD) ABD Doları Desteğini Geliyor!

TrustToken published the audit results of stabilcoins TrueUSD (TUSD) in a blog post dated April 8th. The audit shows that the US dollar has the exact amount of reserves.

According to the Independent Accountant and Financial Advisor Report prepared by Certified Public Accounting Company Cohen & Company as of March 31, 2019, the US dollar balance held in deposit accounts is USD 199.063.885 and the balance of TUSD tokens is 198982.291 TUSD.

Issued and unpaid TUSD tokens do not exceed the balance of the specified escrow accounts. In the report,

”The supply of TUSD tokens can be reconciled with transactions within escrow accounts, including depository deposits pending in token mining and tokens waiting for escrow payments, ları he said.

Last month, TrueUSD announced its new partnership with the accounting firm Armanino. A dashboard developed by Armanino enabled investors to track TrueUSD token balances and collateralized funds. Announcement,

Sağlamak Armanino connects directly to third-party escrow accounts that hold the US dollar to secure TrueUSD tokens, and have their own TUSD token I Etherea the network runs, ağ he said.

Some stabilcoins - Actually dependent on currencies, algorithms, or physical assets to minimize volatility on the stock market crypto currencies - they were previously suspected of lacking appropriate reserves to support them. In March, developers behind stabilcoin Tether (USDT) made the review after realizing that social media users claim that subcoin is fully supported by the US dollar.

In a new update, ”We emphasized that each Tether is always 100% supported by our reserves, which include traditional currency and cash equivalents, and may occasionally be included in Tether's loans and may be involved in third parties that may include affiliates.“ This suggested that some community members had jeopardized the legitimacy of all money.

To be the first to be informed of the most important crypto money news and price analysis: You can follow us at Telegram!

Advertisement
Click to comment

Leave a Reply

Your email address will be published. Required fields are marked *

Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

 

To be the first to be informed of the most important crypto money news and price analysis: You can follow us at Telegram!

Continue Reading

Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

 

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

 

To be the first to be informed of the most important crypto money news and price analysis: You can follow us at Telegram!

Continue Reading

Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

To be the first to be informed of the most important crypto money news and price analysis: You can follow us at Telegram!

Source: Cointelegraph

Continue Reading
Advertisement

Current Chart

Click for More

Don't forget to follow us on Twitter

Popular Topics

Don`t copy text!
en_USEnglish