Tether fires back at forthcoming paper that alleges that a single whale using USDT was responsible for Bitcoin’s 2017 bull run. Tether has issued a response to a recently surfaced paper that alleges that a single whale manipulated the market to cause 2017’s bull run in Bitcoin (BTC) price. The response Tether, which is behind […]
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Research claiming one Tether wallet partly sparked Bitcoin’s 2017 all-time price high misunderstands markets, says Jeremy Allaire, among other reasons. Bitcoin (BTC) price highs in 2017 were not the result of a single trader on an exchange, the CEO of payment company Circle claims. In a series of tweets on Nov. 4, Jeremy Allaire disputed […]
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Stellar Lumens’ massive token burn might be the trigger needed to activate a new bullish market cycle on XLM? On Nov.4 Stellar Lumens announced the completion of a 50% token burn of their total supply. This led to the destruction of 55 billion (XLM) tokens and the Stellar Development Foundation explained that the token burn […]
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CipherTrace’s support for BNB and Binance Chain will not affect Binancians’ security and data protection, Binance COO Samuel Lim says. American blockchain security firm CipherTrace will provide Anti-Money Laundering (AML) controls for Binance Chain and its native asset Binance Coin (BNB). CipherTrace to increase AML checks on Binance Chain Binance Chain, a public blockchain of […]
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International securities regulator IOSCO suggested that some stablecoin implementations are securities based on how they are structured. International securities regulator International Organization of Securities Commission (IOSCO) suggested that some stablecoin implementations are securities. In a statement released on Nov. 4, IOSCO informed the public that on Oct. 30 its board met to — among other […]
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After a strong weekly and monthly close, Bitcoin bulls are now pushing the price toward $10,600 in the short-term and $11,900 on longer time frames. Crypto traders fully understand that there is never a boring day in the sector and the month of November started with a handful of tantalizing news stories. On Nov. 4, […]
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Cryptocurrency exchange Huobi Global has announced that it will freeze all United States-based customers’ accounts on Nov. 13. Cryptocurrency exchange Huobi Global has announced that it will freeze all United States customers’ accounts on Nov. 13. In a blog post on Nov. 3, Huobi stated that its user agreement expressly prohibits customers in the U.S. […]
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The world’s 3rd largest crypto exchange OKEx has announced it will be listing Tezos later this week. The world’s 3rd largest crypto exchange OKEx has announced it will be listing Tezos (XTZ) later this week. In an announcement shared with Cointelegraph on Nov. 4, OKeX said that XTZ deposits will be available as of 09.000 […]
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Cryptocurrency exchange Bitfinex moved 1 .561 million USDT from the Omni Protocol to the Liquid Bitcoin sidechain. Cryptocurrency exchange Bitfinex moved 1 .561 million Tether (USDT) from the Omni Protocol to the Liquid Bitcoin (BTC) sidechain. Bitfinex CTO Paolo Ardoino announced the U.S. dollar-pegged stablecoin’s protocol swap on Twitter on Nov. 2. The conversion increases the quantity […]
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If a stablecoin is truly stable, why is a futures contract needed, as there is no risk to hedge? OKEx, the world’s fifth-largest crypto exchange, announced on Oct. 29 plans to launch Tether (USDT) futures trading, featuring a linear contract with leverage of up to 100x. Stablecoin futures, the exchange said, offer a simpler and […]
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