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Former Archblock CEO Daniel Jaiyong An is suing Archblock
Former TrustLabs (now known as Archblock) CEO Daniel Jaiyong An is suing the company he once helped run for fraud and tricking him out of millions of dollars in equity. However, the lawsuit isn’t as simple as it appears on the surface. To start, Jaiyong An is filing the lawsuit pro se — meaning that he’ll be representing himself in court, likely because he can’t afford or find an attorney to…
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TUSD Leverages Chainlink Proof of Reserve for Real-Time Verification of Stablecoin Minting
On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueusd crypto asset has a circulating supply of over 968 million tokens and is the sixth-largest stablecoin by market capitalization. Archblock Uses Chainlink to Verify Reserves Before Minting New TUSD…
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