Circle, the entity behind the prominent crypto stablecoin USDC, announced its decision to discontinue its association with the TRON blockchain yesterday. This cessation of USDC operations on TRON, effective immediately, will stop the minting of new USDC tokens on TRON, though transfers and redemptions will be facilitated until February 2025. The surprising announcement led to […]
Steven Nerayoff, a former advisor to Ethereum, has publicly voiced concerns about the Chinese Communist Party’s (CCP) alleged dominance over the ETH blockchain. His comments, made on X (formerly Twitter), echo the investigative findings of TruthLabs, an on-chain sleuth. According to TruthLabs, the CCP is speculated to control approximately 66.6% of ETH supply. This claim, […]
The Ethereum Foundation will find itself under legal scrutiny over its alleged involvement in the 2016 Gatecoin hack soon. The revelations, put forward by on-chain forensic analyst TruthLabs (@BoringSleuth on X, formerly Twitter), have sparked intense discussions and are now leading to an independent legal investigation. Ethereum Foundation’s Involvement Will Be Legally Investigated TruthLabs conveyed […]