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Crypto Analysis Firm Elliptic Discovers $400M of Illicit Ripple Transactions

Elliptic, a blockchain analysis provider based in London, has announced that it will support the Ripple (XRP)trade digital currency to monitor electronic transactions. According to a research conducted by Elliptic that was also released this week, an estimation of about $400 million of XRP tokens are tied to illegal transactions.The

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US Think Tank Releases Report on Investigation Into Illicit Transactions on the Dark Web

United States think tank The Rand Corporation has taken a closer look at the dark web, where criminal activities are difficult to discover, monitor, and investigate for law enforcement.On Nov. 20, The Rand Corporation, the Police Executive Research Forum, and the University of Denver on behalf of the National

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Libra Testnet Surpasses 50,000 Transactions Since September Launch

The Libra testnet has logged over 51,000 transactions since it was reset in September, with 34 projects having been developed on the network according to an update released by The Libra Association last week. In a blog post titled “Five months and growing strong: the Libra project,” the project’s lead developer, Michael

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Central Bank of China Starts Trials to Restrict Large Cash Transactions

The People's Bank of China (PBOC) announced that it will pilot a restriction on large-scale cash transactions in three different regions across the country, with one expert calling the move paving the way for its upcoming digital Renminbi token (RMB).On Nov. 14, local news outlet Xinhuanet reported that the

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Australian Man Arrested for Unregistered Crypto Transactions

Australian law enforcement arrested an unnamed 38-year-old Australian man for performing unregistered cryptocurrency transactions. The police department of Victoria announced on Nov. 12 that the man has been arrested at his address in the town of Cairnlea. The joint report from the Victoria Police and Australian Transaction Reports and Analysis

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Researchers Claim Cross-border B2B Blockchain Transactions set to Explode to $4.4 Trillion by 2024

A fresh report from Juniper Research claims the total value of B2B cross-border payments stored on the blockchain will exceed $4.4 trillion by 2024 – a massive increase from the mere $171 billion in 2019.  advertisement According to research author, Dr Morgane Kimmich: “The implementation of blockchain is part of a wider strategy

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United Kingdom to Tax Crypto Transactions; Does Not Recognize It as Currency

As the development of blockchain technology and cryptocurrency around the globe increases, more nations have already started recognizing their use, and shifting and renewing their laws accordingly to suit the new world of digital transactions.The department of Her Majesty’s Revenue and Customs in the United Kingdom has also made alterations

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Tether Surpasses Bitcoin and Ethereum in 24h Volume with Large USDT Transactions

Current crypto market sentiments and Tether transaction volumes at various crypto payment processors suggest that Tether (USDT) is becoming one of the most traded digital assets in the crypto market, leaving Ethereum (ETH)trade behind in the third place and even Bitcoin(BTC)trade in the second place (!) in 24 hour volume.Blockchain

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