Tether Begins Monitoring Traders With Chainalysis Tracking Tool

Stablecoin giant Tether (USDT) is the latest crypto firm to adopt anti-money laundering (AML) tracking solutions from blockchain forensics firm Chainalysis. Tether Partners with Chainalysis Chainalysis announced the news of the deployment in a press release issued on Wednesday (February 12, 2020). According to the press statement, Tether will roll out the Chainalysis Know Your Transaction (KYT) tool as part of its drive towards greater AML compliance. Now the Tether platform can monitor the stablecoin’s usage across its blockchain, enabling the real-time tracking of suspicious transactions. With the Chainalysis KYT…

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Bitcoin Spiking Above $10,300 Sends Google Search Volumes Exploding

Bitcoin saw a massive movement today that led the cryptocurrency to reclaim its position within the coveted five-figure price region, with the latest rally allowing BTC to set fresh 2020 highs at $10,400. One byproduct of this rally has been an explosive surge in search volumes for the phrase “buy Bitcoin,” which is an indicator that retail investors may be on the brink of “fomoing” back into the nascent market. The last time this occurred was in 2017, when BTC saw a meteoric rise that allowed it to climb to…

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