By Kathy Chu, TruthDAO The unsolicited invitation slid into my What\’sApp messages in March. I was intrigued. I’d only recently joined TruthDAO as a crypto reporter, but I had more than 20 years of experience as a business and personal finance writer for globally recognized media platforms. I followed the instructions and signed up for […]

By Kathy Chu, TruthDAO When Bitwise Asset Management published research in 2019 showing that 95% of bitcoin trades were fake, the finding rocked the industry and led crypto exchanges to change how they verified trading activity. Fast forward three years. The bitcoin industry has matured — many analysts say fake trades still happen but much

By Kathy Chu, TruthDAO As general manager of RippleNet, Asheesh Birla oversees the technology platform for Ripple that allows funds to be transferred within seconds around the world. The business — which enables transfers using its affiliated XRP digital asset — is growing rapidly, with payment volume reaching a $15 billion annualized run rate in

By Kathy Chu, TruthDAO It took web3 pioneer Yat Siu less than a decade to grow Animoca Brands from a struggling mobile game company into a nearly $6 billion powerhouse, and now it is shaping the digital asset space. Animoca, co-founded by Siu, also is an investor, and today claims stakes in more than 200

Are we in for more turbulence in the stablecoin industry? A week after the meltdown of USDTerra and Luna rocked the crypto world, experts say investors should pay attention to the quality of assets underlying stablecoins and the health of the ecosystem. “It’s a completely unregulated space and people are doing all kinds of crazy

By Kathy Chu, TruthDAO Kathy Kraninger, former director of the Consumer Financial Protection Bureau (CFPB) under President Trump, spends her days grappling with one of the crypto industry’s thorniest issues: Market manipulation. By many estimates, it\’s a sizable problem. A 2019 study by Bitwise Asset Management found that 95% of all reported bitcoin trades were

Kathy Kraninger, former director of the Consumer Financial Protection Bureau and now part of the Crypto Market Integrity Coalition, discusses whether the crypto industry is the Wild West of finance, and how the industry is getting smarter about tackling fake trades and other market manipulation tactics.

Despite slowing sales this year, digital assets remain one of the most closely watched areas of the crypto industry. Sales of NFTs, or non-fungible tokens — which are unique digital art, music or even tweets — slipped 4.6% in the first quarter of 2022 to $7.9 billion from $8.3 billion in the prior quarter, according

By Kathy Chu, TruthDAO As NFTs go, Noleranef #1935 doesn’t even offer a song—it’s just an endless, random collection of beeps, boops, and other electronic sounds. Its creators say the audio stream provides a way for artists to fashion unique variations of their own songs. On OpenSea, the largest NFT trading platform in the world,