South Korean cryptocurrency exchange Bithumb denies recent reports that Chinese authorities have raided its Shanghai offices. South Korean cryptocurrency exchange Bithumb is denying recent reports that Chinese authorities have raided its Shanghai offices. On Nov. 21, a Bithumb spokesperson informed the Block that the recent rumors of a police raid and closure of the exchange’s […]
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Large crypto exchanges appear to have slowed misreporting of their trading volumes in 2019, according to a new Chainalysis report. Large crypto exchanges appear to have stopped misreporting their trading volumes in 2019, a new study by Chainalysis says. According to the New York-based blockchain analytics firm, there are still some crypto exchanges including Bitforex […]
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Former partner at law firm Locke Lord Mark S. Scott was found guilty of helping OneCoin co-founder Ruja Ignatova launder $400 million. A Manhattan federal jury has found lawyer Mark S. Scott guilty of helping OneCoin co-founder and current fugitive Ruja Ignatova launder $400 million. On Nov. 21, Law360 reported that the Manhattan jury of […]
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Following the ban of crypto purchases with credit card, Argentina’s P2P Bitcoin trading volume reaches an all-time high. Argentina’s central bank had formally banned consumers from purchasing Bitcoin (BTC) and other cryptocurrency using credit cards on Nov. 1. What followed was the very opposite of what the Argentine government had anticipated — over the past […]
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A Vermont power utility has entered a partnership with blockchain firm LO3 to launch a blockchain pilot for solar power trading. Some Vermont-based households can now sell their excess renewable energy to businesses through blockchain-based energy startup LO3’s platform. Vermont power utility Green Mountain Power and LO3 jointly launched a pilot project that enables homeowners […]
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The number of Bitcoin ATMs installed worldwide has reached a new milestone. Coincidentally, regulators start looking to apply more scrutiny. Earlier this week, the number of Bitcoin (BTC) ATMs installed worldwide reached a new milestone, surpassing 6,000. Coincidentally, another major development just a day before occurred within the same area: The United States Internal Revenue […]
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Yahoo Finance, the U.S.-based financial news giant, has integrated crypto pricing by CoinMarketCap into its website. Yahoo Finance, the United States-based financial news giant, has integrated its website with cryptocurrency pricing by major crypto data supplier CoinMarketCap (CMC). The website now allows visitors to track prices for major cryptocurrencies, providing CMC-based data including market capitalization, […]
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Binance has denied recent reports that police raided its offices in Shanghai, stating that indeed, it has no offices in the city. Recent reports that Chinese authorities have raided the offices of leading cryptocurrency exchange Binance, are actually quite false. Speaking to Cointelegraph on Nov. 21, a Binance spokesperson refuted media reports that Chinese police […]
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Bitcoin plummeted several hundred dollars past its 0.786 Fibonacci level to $7,400 on false rumors of Chinese authorities raiding Binance’s Shanghai office. Bitcoin (BTC) finally dropped all the way down to the $7.4Ks in minutes as anticipated in our previous analysis if the key $7.8K level did not hold. Cryptocurrency market daily performance. Source: Coin360 […]
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Chinese police have reportedly shut down the Shanghai offices of leading cryptocurrency exchange Binance. Chinese authorities have reportedly raided and shut down the Shanghai offices of leading cryptocurrency exchange Binance. Citing unnamed local sources, The Block says that local police have shut down Binance’s offices after raiding the premises. Between 50–100 of the exchange’s employees […]
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