USA vs Cryptocurrency

America’s Taxing New Infrastructure Act: Will It Erode Crypto Progress?

The bipartisan Infrastructure Investment and Jobs Act (Bill)  which stretches over roughly 2,700 pages was struck after more than 50 hours of US congressional debate. The bipartisan Infrastructure Investment and Jobs Act (Bill)  which stretches over roughly 2,700 pages was struck after more than 50 hours of US congressional debate. However, some $30 billion of the money will be raised by new taxes on the crypto sector. It’s feared the new taxation policy will also place onerous “surveillance” requirements on the industry in addition to levying unfair taxes against crypto developers who do not even handle assets. 

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XRP Mastercard debit card

Has XRP Gone Debit?

Digital money platform Uphold which today holds around $2.5 billion in customer assets and digital identity platform GlobaliD has launched the XRP Card — a Mastercard® debit card providing up to 5% cash back for purchases using Ripple’s coin XRP. The currency runs on the digital payment platform known as  RippleNet, which runs on top of the distributed ledger database XRP Ledger.

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WaterChain making strides helping blockchain innovation with the global water crisis

Can Blockchain Help Address The Global Water Crisis?

Nothing is more essential to the survival of life than water.  However, 785 million people lack access to safe water, according to Water.org, a global nonprofit organization working to bring water and sanitation to the world. WaterChain.io is a blockchain project that envisions making significant strides in ensuring people from all over the world have access to safe water.

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Six Million Dollar Projects

Shy of the normal trend, only $245MM flowed into digital asset projects. That said, it seems that $6MM was the magic number since 3 different projects received that level of funding. These monies will be directed toward NFTs, taxes, and a platform to help investment advisors who are the gatekeepers to trillions in capital. 

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Bitcoin SV 51% Attack

The Bitcoin SV 51% Attack: A Roadblock To Satoshi’s Vision?

Bitcoin SV, the Bitcoin Cash fork of the (in)famous Craig Wright and nChain, is back in the news. And not exactly for a good reason. gust 2nd, the security lights went on. There was a first attack — unsuccessful, but enough to raise eyebrows. And it didn’t take the attackers much longer to exact more damage for on August 3rd, Bitcoin SV experienced a 51% attack, compromising the integrity of its blockchain data.

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Elizabeth Warren vs Cryptocurrency

Senator Elizabeth Warren: “Crypto Is Controlled By ‘Shadowy Super-Coders.’”

Senator Elizabeth Warren has claimed that cryptocurrencies are controlled by “shadowy faceless groups of super-coders”. She made this astonishing statement at a hearing organized by The Committee on Banking, Housing and Urban Affairs called “Cryptocurrencies: What Are They Good For?” It was here where she questioned crypto advocates and their belief that blockchain-based currencies can build a better financial system.

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