Brave New Coin and Band Protocol Coupled Up For Crypto Price Oracles

Brave New Coin, a leading data analytics and research company backed by Techemy Ltd, has joined forces with Sequoia-backed cross-chain data oracle platform Band Protocol to bring decentralized price reference data to the rapidly growing smart contract application ecosystem.

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Ethereum Classic (ETC) to get a new network upgrade 'Thanos' On November 29

Ethereum Classic Labs (ETC Labs), the main organization supporting the Ethereum Classic blockchain, has announced that the network will undergo an important hardfork will arrive around November 29. The project's founder calls it a natural next step for ETC, which will bring numerous improvements.

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Bitcoin captures the front page of The Wall Street Journal

WSJ emphasized that the investments by top hedge fund managers have helped the push for more Bitcoin adoption. BTC rallies around 80%, as WSJ says the upsurge in the cryptocurrency's price has attracted the mainstream. PayPal's acceptance of crypto payments on its platform has also spurred the market.

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PayPal CEO Schulman Discusses About The Future of Bitcoin and CBDCs

Dan Schulman, CEO of PayPal, discussed the future of bitcoin and Central Bank Digital Currencies (CBDC) in an interview. Schulman expressed his views on Bitcoin, the usefulness of Bitcoin. According to CEO Dan Schulman, Bitcoin will prevail as a means of payment and overshadow its status as "digital gold."

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Bitstamp Exchange Join Forces with Sovos to Automate Crypto Tax Reporting

Based in Luxembourg cryptocurrency exchange Bitstamp has selected Sovos, a tax software provider, for automated crypto tax reporting. According to an official press, the exchange will use the Sovos' products to automate reporting and payment for traditional and modern transaction-level tax reporting.

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KuCoin Resumes Deposits & Withdrawals of All Tokens After Hacker Attack

Cryptocurrency exchange KuCoin has restored deposits and withdrawals of all available assets on the platform after suffering a hacker attack back in September in which it lost $281M. It should be noted the platform will not charge any fee for exchanging the affected tokens while the limits are in place.

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Crypto Analytics Firm CipherTrace Files Patent For Tracing XMR Transactions

Monero (XMR) has long been recognized as one of the most powerful ‘privacy coins’ in the industry; the coin is a favorite of users who want to be as anonymous as possible in their transactions. However, Monero's days as a true ‘privacy coin’ may be numbered.

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US Regulator Wants Crypto Banking Relationship Fair Rules to Access Service

The US Office of the Comptroller of the Currency (OCC), a national bank regulator led by former Coinbase counsel Brian Books, has proposed a rule that would forbid banks to blacklist legal industries including, presumably, cryptocurrency firms.

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China construction bank withdraws $3B blockchain bond from listing

Digital asset exchange, Fusang announced that China Construction Bank (CCB) has requested to cancel the $3 billion digital bond listing that was supposed to support trades in USD and Bitcoin. The exchange received a letter from CCB Labuan to cancel the issuance on 20 November.

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US Firm DAiM Rolls Out First Company-Sponsored Bitcoin Retirement Plans

Digital Asset Investment Management (DAiM), a US-based asset manager, has launched the first-ever employer-sponsored retirement plans that support bitcoin investment. According to a report, DAiM will act as the plan fiduciary and will be responsible for choosing, managing, monitoring, and benchmarking investment offerings.

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Cryptocurrency exchange LATOKEN adds support for AVEX Token

LATOKEN, a leading cryptocurrency exchange, made available the AVEX Token, a digital currency developed by AEVOLVE that will enable millions to become the first to access groundbreaking medical solutions from around the world. The AVEX Token gives the crypto-community exposure into the multi-billion dollar pharmaceutical and biotech industry.

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Ripple ledger finally receives a new smart contract feature "Hooks"

Ripple Ledger finally received its new functionality Hooks, which will enable the execution of smart contract. This has been one of the most anticipated additions to the XRP ledger in 2020. The new functionality will allow XRP to get some new use cases and attract more users.

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Game of Thrones Star Maisie Williams Asks Her Followers To Buy Bitcoin

Popular Game of Thrones star Maisie Williams, who played the role of Arya Stark during the series,carried out a poll on Twitter seeking opinions on whether she should invest in bitcoin. Among those who replied was Spacex and Tesla CEO Elon Musk who wrote: "Toss a bitcoin to your Witcher."

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Group Of Over Thirty Japanese Companies To Test CBDC Next Year

A group of Japanese companies is planning to experiment with the issuance of a digital currency by next year. This comes as the central bank also plans to experiment with a CBDC. The group, including Japan's three largest financial institutions with brokerages, telecommunication firms, utilities and retailers.

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SEC announces Bitcoin will be regulated like a payment method

SEC chairman Jay Clayton announces Bitcoin will be regulated like a payment method or store of value, during an interview.The move should ensure that Bitcoin receives more regulation as it grows in popularity.The regulation will not be coming from the Government department, though, as they do not regulate payment mechanisms.

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Dell subsidiary VMware launches a blockchain platform for Enterprises

VMware, a Dell-owned company, just announced the launch of its enterprise blockchain. The firm identified many issues that are preventing firms from progressing, all solvable by blockchain. Many are already considering using its solution, while some have already implemented it.

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Gemini Exchange Chooses ClearBank as UK banking services provider

Gemini, a cryptocurrency exchange and custodian, has selected ClearBank to receive banking services in the United Kingdom essential for its operation in the country. Clearbank will offer the cryptocurrency company with a secure banking infrastructure, including dedicated account numbers and sort codes.

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Crypto Exchane OKEx is finally resuming withdrawals By November 27

Major crypto exchange OKEx confirmed that it will reopen "unrestricted withdrawals" on or before November 27. Before the service resumes, the exchange planned to strictly inspect its systems to ensure users' assets will be safe once the hot wallet operations begin.

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CryptoExchange BitMEX Added Refinitiv World-Check One To Compliance Toolbox

BitMex enhances its anti-financial crime capabilities with the addition of World-Check One to the suite of tools use as part of its compliance procedures. The newly added Refinitiv's tool will allow the Seychelles-registered exchange to monitor for sanctions, financial crime, bribery, and corruption risks more ‘efficiently and effectively’.

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Grammy-Nominated American Rapper Lil Yachty To Issue His Own Cryptocurrency

Lil Yachty, one of the biggest rap artists in the world, is creating his own cryptocurrency. The token will be released via Fyooz, a social money platform that brings fans closer access to their favourite artists.Move could signal a wider shift in which artists embrace tokenization to establish a fanbase.

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Lukka Tapsh IHS Markit to Provide Institutional Quality Crypto Asset Data

Lukka, the leading crypto asset software and data provider, has partnered with global business information provider IHS Markit to redistribute Lukka's institutional-grade blockchain and digital asset data products, including Lukka Prime and Lukka Reference Data, as part of the comprehensive IHS Markit Pricing, Valuations and Reference Data offerings.

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Binance Files Lawsuit against Forbes Reporter Over 'Tai Chi' Article

Binance, one of the world's largest digital asset exchanges, has filed a defamation lawsuit against Forbes Media LLC and related defendants in the US District Court in New Jersey. Forbes published numerous false statements about Binance, claiming that it created a corporate structure designed to intentionally deceive regulators.

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Waves Enterprise launches blockchain voting platform to the public

Waves Enterprise, a subsidiary of the crypto project Waves, recently announced the release of its blockchain voting system to the public. However, the company is primarily targeting corporate clients, offering them a secure way to conduct the voting process. There is a large demand for blockchain voting systems.

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Dubai's Investment Firm IBC Group Wants to Invest $10M in Ethereum 2.0

Focused on blockchain investments, the IBC Group plans to sponsor the upcoming Ethereum 2.0 network with $10 million in ETH, according to reports. The company reportedly wants to stake approximately 20,000 ETHs in a special deposit contract so that Ethereum's 2.0 scheduled launch could happen on time.

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Second-Richest Man From Mexico invests 10% of his liquid portfolio in BTC

The second wealthiest man in Mexico, Ricardo Salinas Pliego revealed through his official Twitter account that he has invested 10% of his liquid wealth in Bitcoin. Per Pliego, Bitcoin shields the general public against government expropriation.Pliego believes the launch of Grayscale's Bitcoin Trust lured institutions to join the crypto space.

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Aussie BitConnect promoter charged over involvement in alleged crypto scam

The Australian Securities and Investments Commission (ASIC) has announced the former Australian promoter of BitConnect John Louis Anthony Bigatton, has been charged for his involvement in the folded cryptocurrency project that was accused of scamming millions out of investors.

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Japanese Cryptocurrency Exchange Liquid Confirms Security Breach

Cryptocurrency exchange Liquid has announced it had suffered a data breach on November 13 that led to users' data leak. The data may include the name, email and encrypted passwords of the users. Liquid assures that all cold storage crypto wallets are secured and were not compromised.

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Airbnb to Consider Cryptocurrencies and Blockchain Technology

According to the Prospectus filed with the US Securities and Exchange Commission (SEC) for its IPO, Airbnb, the well known home-rental platform has shown interest in the adoption of emerging technologies, including tokenization, cryptocurrencies and other applications of blockchain technology.

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Anchorage Wants Charter From Crypto-Friendly US Bank Regulator OCC

The crypto custodian Anchorage has filed with the US OCC for a banking license. The license will enable the company to operate across the country as a qualified custodian. Additionally, the national charter will raise the company's status as a "qualified custodian" following the recent rule from the US SEC.

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50,000 ETH in fake Ethereum giveaway scam spotted on Youtube again

The crypto scammers are still running their fake giveaways scams, especially on Youtube. A fake giveaway scam of Ethereum running again on Youtube. The scam was seen on Monday where scammers asked viewers to contribute their cryptocurrency, mainly Ether (ETH), in order to receive double the amount they deposited.

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ConsenSys Obtains Most Used Blockchain Developer Toolmaker Truffle Suite

ConsenSys, a blockchain ecosystem-focused company, has acquired the blockchain developer team named Truffle. The terms of the acquisition were not revealed. ConsenSys' users can now access built-in smart contract compilation, deployment and binary management.

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DeFi Protocol Origin Suffers Hacker Attack loses $7 million

Stablecoin project Origin Dollar (OUSD) has just suffered a hacker attack in which it has lost $7M, according to a news. The hackers reportedly carried out a re-entrancy attack at 00:47 UTC which resulted in the protocol losing $7M, including more than $1M deposited by Origin.

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Chinese Leading Exchange Huobi Plans to Acquire Bithumb and BitFlyer

Crypto exchange Huobi is looking to acquire two popular exchanges, Bithumb and bitFlyer, according to a news report. The deal would allow it to offer customers with fiat-to-crypto on-ramps. For Bithumb, the management had already indicated interest to sell the exchange for some internal reasons.

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Cryptocurrency Exchnage Binance Terminates its BGBP Stablecoin

Leading cryptocurrency exchange, Binance has announced its plans to terminate support for BGBP, a stablecoin pegged to the GBP, the official currency for the United Kingdom, including Jersey. The last trading pair for the stablecoin will equally be delisted on the exchange.

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Cryptocurrency Fund Manager GrayScale Buys More Than 500,000 Bitcoin

Grayscale, a digital assets management company, this week bought another 15,114 Bitcoin ($241 million), bringing the total number of bitcoin the company owns to 506,000, or $8.1 billion. Over the past six months, Grayscale's Bitcoin Trust has expanded by approximately 50%.

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Citibank Executive Expects Bitcoin Will Trade at $318,000 by End of 2021

The price of Bitcoin could hit $318,315 by the end of 2021 thanks to its consolidation in the status of digital gold in the 21st century, Tom Fitzpatrick, managing director of Citibank, has said. Fitzpatrick has remembered how much gold grew over the next 50 years.

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British rapper Zuby designed a blockchain-themed line of clothing

On Friday, the online retail store Bitcoin Movement launched a limited edition streetwear line featuring a blockchain-backed system of "Proof of authenticity." Designed in collaboration with British influencer Zuby, each piece is linked to the VeChain blockchain.

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Hacked Platform Value DeFi Loses $6M in Hacker Attack

Decentralized finance protocol Value DeFi has been attacked by a hacker or hackers, which has resulted in the loss of $6M. Accoring to reports, Value DeFi lost $6M on Saturday, possibly due to a flash loan attack, a fairly common type of attack in the DeFi sector.

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Mike Novogratz Tells He Bought 30k BTC & 500k ETH in First Crypto Purchase

Mike Novogratz, founder and CEO of Galaxy Digital, is revealing that his first dabble in the crypto market was a purchase of 30,000 Bitcoin and half a million Ethereum both very early in the game. Mike gave the inside scoop on how he first got started in the crypto market.

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NEM (XEM) Join Hands With The Staking Service Platform MyCointainer

NEM announced a new strategic partnership with a staking service platform. MyContainer is the new partner that will help NEM provide staking options more accessible to its users. NEM is looking for multiple opportunities in the new partnership that will help the platform and users alike.

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Russia Proposes To Jail Crypto Holders For Failure To Report Crypto Tax

The Ministry of Finance of Russia has just proposed a prison sentence for crypto holders who do not declare their taxes. According to a news, failure to declare the full amount of cryptocurrency owned in a timely manner, as well as not paying taxes on it, will lead to fines.

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BitMEX To Bolsters Its Trade Surveillance and AML Capabilities

The popular Bitcoin derivatives exchange BitMEX has taken a step towards improving its trade surveillance and AML efficiency endeavors by collaborating with Eventus Systems. With the partnership, the exchange will be able to more screen out fraud schemes and increase "proactive monitoring for unauthorized trading activity.

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Bridgewater's Dalio Announced The Threat Of Banning Bitcoin By Governments

Ray Dalio, the founder of hedge fund firm Bridgewater Associates, says he believes governments will outlaw Bitcoin (BTC) if its success is too great. In a new interview, the billionaire investor explains why he prefers gold over Bitcoin and doubts governments will ever allow BTC to become a useful currency.

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Payment Giant PayPal Officially Launches Crypto Trading Services in the US

Digital financial giant PayPal's crypto services are officially available for use. US PayPal users will now be available to buy, sell, and hold cryptocurrency assets securely through the payments network. The crypto services will be available in all states, except for Hawaii.

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Hacked Exchange KuCoin Recovers 84% of Stolen Crypto, Reveals Co-founder

One of the co-founders of the cryptocurrency exchange platform KuCoin, Johny Lyu, revealed that the exchange has recovered a majority of the funds stolen in the KuCoin hack. The exchange was breached in September this year, with the hackers stealing over $280 million worth of cryptocurrencies.

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Monero's Network Hit by Sybil Attack, Riccardo Warns Bitcoin Users

Monero was targeted by an attack today that could have compromised the privacy of some users. However, the attack failed to achieve its goal, linking IP addresses and user identities. The identity of the attacker is still unknown. Monero maintainer Riccardo Spagni says it was largely ineffective.

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