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TrueCrypt is a discontinued source-available freeware utility used for on-the-fly encryption (OTFE). It can create a virtual encrypted disk within a file, encrypt a partition, or encrypt the whole storage device (pre-boot authentication).
TrueCrypt is based on Encryption for the Masses , an open source on-the-fly encryption program first released in 1997. However, E4M was discontinued in 2000 as the author, Paul Le Roux , began working on commercial encryption software.
VeraCrypt was forked from the since-discontinued TrueCrypt project in 2013, [8] and originally contained mostly TrueCrypt code released under the TrueCrypt License 3.0. In the years since, more and more of VeraCrypt's code has been rewritten and released under the permissive Apache License 2.0.
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E4M is discontinued; it is no longer maintained. Its author, former criminal cartel boss Paul Le Roux, joined Shaun Hollingworth (the author of the Scramdisk) to produce the commercial encryption product DriveCrypt for the security company SecurStar. The popular source-available freeware program TrueCrypt is based on E4M's source code. [4]
The launch of the coins came just ahead of Trump’s inauguration on Monday and follows a broader rise in crypto prices throughout 2024 and early 2025.