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World’s Largest Crypto Exchange Binance Looking to Add New Stablecoins

World’s Largest Crypto Exchange Binance Looking to Add New Stablecoins Binance, the world’s largest cryptocurrency exchange by adjusted volume, is actively looking to list more stablecoins in addition to the three it already supports, which include the recently beleaguered tether (USDT). “We hope to be able to list a few …

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Crypto Exchange Coinbase Open-Sources Its Security Scaling Tool

Crypto Exchange Coinbase Open-Sources Its Security Scaling Tool U.S.-based cryptocurrency exchange Coinbase is making a recently developed automated security scaling tool available to the public. Called Salus, after the Roman the goddess of safety and well-being, the program can automatically choose to run and configure different security scanners and issue a report …

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How a Bitcoin Exchange Is Surviving a Central Bank Crackdown in India

How a Bitcoin Exchange Is Surviving a Central Bank Crackdown in India Indian regulators’ clampdown on cryptocurrency businesses is forcing the exchange startup Unocoin to experiment with stablecoins and ATMs to continue receiving fiat deposits from customers. Unocoin co-founder Sunny Ray told CoinDesk his company hasn’t been able to transact …

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New BitConnect Lawsuit Combines Previous Efforts Against Crypto Scam

New BitConnect Lawsuit Combines Previous Efforts Against Crypto Scam Half a dozen lawsuits against the allegedly fraudulent cryptocurrency scheme BitConnect have now been combined into a single legal effort. According to court documents filed last Thursday, a new Amended Consolidated Class Action Complaint has been initiated in the U.S. District …

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Huobi’s US Exchange Sees 30% Boost in Trading for Tether Alternative

Huobi’s US Exchange Sees 30% Boost in Trading for Tether Alternative A U.S. cryptocurrency exchange is reporting dramatic increases in trading of tether (USDT), the controversial stablecoin that lost its dollar peg this week, and one of the new alternatives. At HBUS, the U.S. affiliate of the Singapore-based Huobi exchange, both deposits and …

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F2Pool Founder’s Crypto Wallet Startup Raises $13 Million in New Funding

F2Pool Founder’s Crypto Wallet Startup Raises $13 Million in New Funding Cobo, a Beijing-based cryptocurrency wallet startup, has closed a $13 million Series A funding round in its bid to expand its services overseas. The company announced the latest equity financing on Wednesday, which is backed by Danhua Venture Capital, …

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Crypto Exchange Binance Adds Compliance Tools from Chainalysis

Crypto Exchange Binance Adds Compliance Tools from Chainalysis Binance, the biggest cryptocurrency exchange by trading volume, is working with crypto compliance and investigation software provider Chainalysis to implement a new global compliance solution, the companies announced Wednesday. As part of the partnership, Chainalysis will provide access to its “Know Your …

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