Tether to File Motion to Dismiss Class Action Lawsuit Based on NYAG Claims
The company claims that plaintiffs cannot prove Tether transactions caused bitcoin’s surge or that damages were incurred. Source
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US Will Strictly Enforce Anti-Money Laundering In Crypto
The United States Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco said that Anti-Money Laundering (AML) laws will be strictly enforced in the world of cryptocurrencies.On Nov. 15, Reuters reported that Blanco made it crystal clear that cryptocurrency companies engaged in money service businesses will have to comply with
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As Bitcoin Cash Hard Forks, Unknown Mining Pool Continues Old Chain
A rogue chain has developed following bitcoin cash's planned hard fork and has yet to cease production. Source
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BNB Is Under Correction But May Resume Bullish Trend Soon
BNB has been maintaining a bullish move for the past few weeks, but the price is now retracing near $20.5 support level.Binance Coin remains bullish on the hourly chart, but the bears may take over if the price drops below the ascending broadening wedge.Over the past few weeks, Binance Coin
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Chainalysis Says BitForex Trading Volumes Could Be Fake
The BitForex exchange could be faking its bitcoin trading volume, according to a report by Philip Gradwell, chief economist at Chainalysis. Source
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Blockchain Firm Partners With Cannabis Data App to Create Research Project
A blockchain-based data marketplace, Measure Protocol, and a cannabis-oriented survey rewards app, Broccoli, will jointly establish a research community for cannabis users.According to a Nov. 12 press release, the companies will use the new community to survey consumers, collect data and make reports dedicated to cannabis use and the
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China Is Poised for Another Crypto Trading Crackdown as Speculative Fever Returns
China appears set to crack down on crypto trading again after President Xi Jinping's praise for blockchain tech revived speculation in the sector. Source
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Binance’s ‘Chinese Twitter’ Gets Blocked for Unknown Violations
Binance’s official account on China’s major microblogging website Weibo has been blocked. The account of the major global exchange was blocked on Nov. 13, purportedly due to violations of the site’s policies, Taiwan-based publication The China Times reported on Nov. 15.At press time, Binance’s Weibo page is blocked, displaying
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