Justin Sun reignites HTX feud, India reconsiders crypto hate: Asia Express

Civil sanctions against 3AC co-founder Kyle Davies include an award of attorneys’ fees and a $10,000 daily fine until he is in compliance with a subpoena. 82 Total views 5 Total shares Three Arrows Capital (3AC) co-founder Kyle Davies should be held in contempt of court for ignoring a subpoena connected to bankruptcy proceedings, June…

The MicroStrategy boss thinks Bitcoin is a form of property and points out that the U.S. Government is not threatened by other forms of property. 876 Total views 2 Total shares MicroStrategy CEO Michael Saylor thinks that Bitcoin is more like digital property than digital currency.He was speaking on the July 15 edition of the…

Binance’s depleting USDC reserves has become a hot topic in the crypto ecosystem, especially after Coinbase CEO’s quip during the company’s Q2 earning call. 426 Total views 7 Total shares Cryptocurrency exchange Binance released its latest proof-of-reserves (PoRs) on Aug. 1, offering transparency into its crypto reserves. However, the movement of its USD Coin (USDC)…

The bill would also level up crypto bonuses with employee stock options by reducing the current 50% tax to 25%. 189 Total views 1 Total shares Foreign residents of Israel could get an exemption from capital gains taxes on the sale of digital currencies. A bill granting the exemption and other tax benefits for digital…

Hacked cryptocurrency exchange Poloniex said it has mostly completed restoration efforts and is preparing to resume operations after suffering the major hack on Nov. 10. 180 Total views 1 Total shares Justin Sun’s cryptocurrency exchange Poloniex is preparing to resume operations after suffering a major hack in mid-November, according to an official company announcement posted on Nov.

The word “stablecoin” may have a pleasant ring to it — isn’t it nice to have something stable in the volatile cryptoverse? — but for critics, they are nothing short of a ticking time bomb. Whether that’s true or not, the push for regulating stablecoins is gaining momentum. The United States and the European Union…

A lot has changed since I first started covering Bitcoin (BTC) in 2012. A market once relegated to the deepest corners of the internet has now spawned a global revolution that has forced corporations and governments to form an opinion on digital assets. Now, Wall Street is chiming in, with analysts at major banks increasingly…

The coronavirus pandemic and the economic crisis that it has brought along is the first of its kind in this generation. For weeks now, global equities markets have been swinging wildly due to the uncertainty. However, compared to the traditional markets, Bitcoin has been holding up quite well and its volatility has been gradually reducing…

“I do think it hits that number and goes beyond,” said the Twitter co-founder on his million-dollar Bitcoin prediction.