Korean Government Seeks to Strip Tax Perks From Crypto Exchanges

Nov 9, 2020 at 19:59 UTCUpdated Nov 9, 2020 at 20:37 UTCBinance.US CEO Catherine Coley(Zack Seward/CoinDesk archives)Binance.US, the American affiliate that shares a name with the world’s largest crypto exchange, has joined the Silvergate Exchange Network (SEN), a 24/7 instant settlement network used by some of the largest trading entities in the space.SEN, which replaces…

feature The Takeaway Bitcoin prices have more than doubled in 2019, far outpacing the 31 percent return for U.S. tech stocks, which Goldman Sachs deems the best-performing asset class year-to-date. Outsize returns could attract interest from big investors in the yield-starved traditional financial markets. Executives at data firm Messari say bitcoin prices, currently around $8,200,…

Feb 19, 2020 at 09:00 UTCMOVING PARTS: How does a whole network smoothly upgrade in a way that's backward-compatible, allowing those with older versions of the software to continue participating? (Image via Library of Congress/Rawpixel)Bitcoin Coders Confront an Old Quandary: How to Upgrade an Entire NetworkAn old debate is resurfacing in the bitcoin developer community,…

A proposal by bankrupt crypto exchange Bittrex for returning customer cash and crypto faces a legal challenge from the U.S., which is still owed millions for sanctions violations, according to a Wednesday court filing.The firm's U.S. arm filed for bankruptcy on May 8 after regulators accused it of operating an unlawful securities exchange and after…

Bitcoin returned briefly on Monday to its recent, loftier heights above $31,000 before dipping slightly below the threshold.The largest cryptocurrency by market capitalization was recently trading at $30,690, up almost 2% over the past 24 hours as investors seemed to regain the enthusiasm they held following spot bitcoin ETF filings by BlackRock and other financial…

The price of ether classic, the cryptocurrency that powers ethereum classic, is on the rise at press time amid news of major exchange listings.

Lightning isn't just a big hit with developers, the promising bitcoin technology is now attracting a little attention from investors. Acinq, one of the leading startups working on the lightning network, a top-level layer aiming to boost the number of transactions bitcoin can support, has closed a $1.7 million funding round led by Serena Capital, with…

Digital assets performed mixed, with BTC sinking 1.5% while Solana's SOL and XRP gaining most among crypto majors.Robinhood disclosed its crypto arm received warning from the SEC that could foreshadow enforcement action.An Elliot Wave technician sets a $92,000 price target for bitcoin's next cycle high.The crypto rally paused on Monday during U.S. trading hours with