Search results for TRU
Crypto
Binance flags seven altcoins with monitoring tag; prices slump on delisting fears
Global cryptocurrency exchange Binance has newly assigned a monitoring tag to seven tokens, prompting broad declines in their prices. The exchange said the tagged assets show notably higher volatility and risk than other assets and may be delisted if they fail to meet listing standards. Syscoin fell the most at 11.53 percent. Binance also tightened trading requirements for tagged tokens and said it would remove a seed tag from Tether Gold.
AI & Enterprise
Digg cuts staff, shuts app after losing war against AI spam
Digg, once a popular link-sharing site, has carried out mass layoffs and is shutting down its app, TechCrunch reported on March 13. The company is not closing, and co-founder Kevin Rose said he plans to refocus on running Digg while keeping an adviser role at Tru Ventures. Digg said it struggled with AI bots and spam, and with competition from existing community platforms.
Crypto
Truebit DeFi token on Ethereum plunges 99.9% after hack
Ethereum-based verification and computation protocol Truebit has been hit by a security incident, with assets worth 8,535 ether, or about $26.6 million, stolen. Truebit said on X it was aware of a security incident caused by a malicious actor and was working with law enforcement. Lookonchain estimated the stolen amount at about 8,535 ether. TRU slid 99.9% to $0.00007721 from $0.16.