Korean Government Seeks to Strip Tax Perks From Crypto Exchanges
Cryptocurrency exchanges in South Korea may soon lose eligibility for tax benefits currently granted to smaller companies and startups.
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Crypto Rug Pulls: What Are They & How to Avoid Them
Cryptocurrency rug pulls are an unfortunate but common occurrence in the global crypto markets, resulting in billions of dollars of losses for digital asset investors.Read on to learn what crypto rug pulls are, how they work, and how you can identify and avoid them.This is partner content sourced from Laura Shin’s Unchained and published by

Crypto.com to Delist, Suspend XRP in the US After SEC’s Ripple Suit
Dec 29, 2020 at 8:06 p.m. UTCCrypto.com to Delist, Suspend XRP in the US After SEC’s Ripple SuitCryptocurrency exchange and finance platform Crypto.com said Monday night it will delist and suspend trading in the U.S. of XRP, the cryptocurrency behind the U.S. Securities and Exchange Commission lawsuit against Ripple Labs last week.Effective Jan. 19, 2021 at 10am…

A Rare Glimpse Into How Crypto Is Really Used in Venezuela
Jul 10, 2020 at 09:00 UTCAt an AirdropVenezuela event. (AirTM)A Rare Glimpse Into How Crypto Is Really Used in VenezuelaOver the past two years, many bitcoin believers donated cryptocurrency to initiatives in Venezuela, often holding up the small nation as the pinnacle example of the technology’s potential. The truth on the ground is much more…

CoinDesk 20 Performance Update: APT Falls 4%, Leading Index Lower From Wednesday
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated . CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial

Funds Were Moving On QuadrigaCX Right Before Its Collapse
news Nearly $1 million worth of ether (ETH) left QuadrigaCX and went to other cryptocurrency exchanges in December, the same month its CEO died, a CoinDesk review of public blockchain data shows. In a series of transactions sent from QuadrigaCX’s hot wallet (meaning one connected to the internet), more than 9,000 ETH moved from the…

Unveiling the Uniswap Foundation’s Bridge Report: Winners and Losers
The Uniswap Foundation released its Bridge Assessment Report on Thursday, a major community undertaking that saw the biggest decentralized exchange (DEX) formally examine some of the core infrastructure powering its governance process.Uniswap is the largest DEX by trading volume. It was among the first blockchain-based programs to offer a decentralized alternative to the traditional currency…

Alameda Was ‘Business as Usual’ Before Collapse: Ex-Engineer
Insiders at Alameda Research only found out the trading firm was on the verge of implosion because of a confession from former CEO Caroline Ellison, not internal warning signs, a former engineer for the company shared during a recent interview on CoinDesk TV. “It pretty much seemed like business as usual, right up until the

How Decentralized AI and Zero-Knowledge Proofs Will Democratize Compute
In late July, Mark Zuckerberg penned a letter explaining why “open source is necessary for a positive AI future,” where he waxes poetic about the need for open-source AI development. The once-nerdy teen founder, now turned into the wakeboarding, gold chain-wearing, and jiu-jitsu fighting “Zuck,” has been branded as the messiah of open-source model development.