Skip to main content

Featured Story

Unveiling the Solana Saga: From Microwaves to NFTs

The recent stunt involving a Solana Saga smartphone being microwaved by influencer Bangerz has sparked both controversy and intrigue within the crypto community. Here's a breakdown of the events and the aftermath: The Saga of the Solana Saga Smartphone Microwaving Incident Bangerz, a self-proclaimed "washed-up influencer" and CEO of NFT launchpad 3land, posted a video of herself microwaving one of the limited 20,000 Solana Saga smartphones. The video depicted the smartphone emitting crackling sounds, steaming, and eventually dripping a mysterious liquid as the screen bubbled off the hardware. Following the microwave stunt, Bangerz minted 3,333 commemorative Solana NFTs inspired by the video, all free to mint via 3land. Solana co-founder Anatoly Yakovenko and other Solana users reacted to the NFT release, with the message "Saga phones are now deflationary" gaining attention. The Saga Microwave NFTs were quickly minted and started trading on secondary marke

TrueUSD Partners with Moore Hong Kong: Enhancing Transparency and Trust in Stablecoins

TrueUSD (TUSD) has announced its new partnership with the reputable accounting firm, Moore Hong Kong (MooreHK). Starting in January 2024, MooreHK will provide daily attestation services to TUSD and present daily attestation reports for its stakeholders and TUSD token holders. This collaboration marks a significant enhancement to TUSD's reserve attestation system. Established in 1975, MooreHK is a member firm of Moore Global, a renowned accounting and consulting network with a rich history dating back over 100 years. With its industry focus and a team of expert professionals, Moore Hong Kong offers a comprehensive range of services including audit, assurance, accounting, business outsourcing, tax, and advisory work. By partnering with MooreHK, TUSD is further advancing its globalization initiative, aiming to create accessibility in important capital markets. This strategic alliance with MooreHK is expected to strengthen TUSD's position as a trustworthy and transparent industry-leading stablecoin. Additionally, The Network Firm, a certified accounting and audit technology firm specializing in the crypto industry, will collaborate with MooreHK to provide state-of-the-art technical support.

Over the years, TUSD has consistently collaborated with third-party audit firms to explore innovative solutions for the blockchain industry. The integration of reserve attestation and on-chain Proof of Reserve has established TUSD as a paragon of transparency in the stablecoin ecosystem. TUSD recognizes the significance of reserve attestations for stablecoins and understands that a robust reserve is pivotal for future growth and development. Both MooreHK and The Network Firm will play crucial roles in offering strong support for TUSD's mission.

TUSD's Partnership with MooreHK: Advancing Transparency and Trust

  • TUSD's collaboration with MooreHK marks a significant enhancement to its reserve attestation system
  • MooreHK, a member firm of Moore Global, brings a wealth of experience and expertise in the accounting and consulting sectors
  • Moore Hong Kong's industry focus enables them to provide innovative and personalized services to their clients
  • TUSD's partnership with MooreHK aligns with its globalization initiative and focus on creating accessibility in important capital markets
  • The collaboration with The Network Firm ensures state-of-the-art technical support for TUSD's operations in the crypto industry
  • TUSD's integrated approach to reserve attestation and on-chain Proof of Reserve sets a high standard for transparency in the stablecoin ecosystem
  • TUSD recognizes the significance of robust reserves for stablecoins and sees MooreHK and The Network Firm as crucial partners in its growth and development

This partnership between TUSD and MooreHK heralds a new phase in TUSD's journey towards becoming a leading stablecoin in the global market. Through its commitment to transparency and its strategic alliances with reputable firms like MooreHK and The Network Firm, TUSD is well-positioned to continue building trust and providing secure and reliable stablecoin services to its stakeholders and token holders.

Comments

Trending Stories