Coinbase Exec Joins Stablecoin Issuer TrueUSD as Head of Compliance
A former senior employee at United States crypto exchange Coinbase has left the industry giant to join stablecoin issuer TrustToken as head of compliance, according to the company's official website Jan. 4.
TrustToken Says It Passed 3 Security Audits With No Bugs Found
Crypto startup TrustToken announced Wednesday that its smart contract has passed three independent security audits conducted by Certik, SlowMist and Zeppelin, with no vulnerabilities found.
Huobi's US Exchange Sees 30% Boost in Trading for Tether Alternative
A U.S. cryptocurrency exchange is reporting a significant increase in trades between tether, the controversial stablecoin that lost its dollar peg this week, and a newer alternative called TrueUSD. At HBUS, the U.S. affiliate of the Singapore-based Huobi exchange, both deposits and withdrawals of USDT "Have increased by over 10x over the last two days," a company spokesperson told CoinDesk.
Malta-Based OKEx Lists Four Stablecoins
At the time of the announcement, OKEx was the fifth-largest Bitcoin exchange by volume and the third-largest exchange in terms of Tether volume.
A Top-20 Crypto Exchange Is Replacing Tether With a Rival Stablecoin
A top-20 exchange is phasing out an embattled cryptocurrency.