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Independent researcherSpoofy McSpoofface has established financial ties between crypto-exchange Quadriga CX and Valoris HK Ltd., newsbtc reported. McSpoofface said that, like other foreign exchange and binary options scams, QuadrigaCX instructed some of its clients to deposit funds into Valoris' account at Pekao Bank in Warsaw, Poland. QuadrigaCX responded that for wire transfers, the exchange used the international payment company Crypto Capital, which users said was directed to its crypto Capital account. QuadrigaCX acknowledges a business relationship with Valoris. In addition, there are reports that Valoris accepts deposits for foreign exchange and binary options fraudsters. Bank accounts used to accept payments for QuadrigaCX are also used to accept payments from binary options and the forex trading website TD Markets.

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Dogecoin's latest development comes just days after Safepal announced its support for Dogecoin. The announcement was made on 15 October 2019. The official statement read: "SafePal now officially supports Dogecoin! "According to SafePal's statement, they claim to be the first hardware wallet to be supported by Binance Labs.