United States senators Mark Warner and Kyrsten Sinema, both Democrats from Virginia and Arizona, respectively, have introduced a new amendment to the infrastructure bill that would lessen the burden on …
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The Biden Administration backs infrastructure bill draft posing threat to DeFi
The White House has weighed in on the ongoing infrastructure bill debates. The Biden Administration has backed an amendment to the infrastructure bill draft that could pose strict tax reporting …
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Charles Hoskinson suggests solutions against legal amendment that may harm crypto industry
In a recent video, the founder of Cardano and IOHK, Charles Hoskinson addressed the U.S. crypto community regarding the amendment offered by Senator Portman and a few others that makes crypto taxation …
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John Lennon’s son supports Cardano (ADA) creator in his criticism of crypto taxation amendment
The younger son of legendary Beatles musician John Lennon, Sean Ono Lennon, is known for his pro-crypto stance, and his pro-Bitcoin stance in particular. He has taken to Twitter to comment …
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Federal reserve governor ‘highly skeptical’ of digital dollar
U.S. Federal Reserve Governor Christopher Waller has stated that he is “highly skeptical” that the country needs to develop its own central bank digital currency (CBDC). In remarks prepared for …
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Xiaomi retailer in Portugal now accepts Bitcoin (BTC) payments
Chinese electronics manufacturer Xiaomi is the latest global company to get involved in the cryptocurrency industry as its official Portuguese shop now accepts Bitcoin payments. Mi Store Portugal, the official …
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New Bitcoin users activity spikes to new all-time highs. What does it mean?
The new Bitcoin users graph is a sight to behold. Even though Bitcoin’s price was horizontal for a while there, the network kept growing. And, with each new participant, the …
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Vitalik Buterin: “More confident about the merge” following ETH successful London upgrade
Ethereum co-founder Vitalik Buterin has hailed the London hard fork a success adding that it has given him more confidence over the upcoming merge to the Eth 2.0 chain. Speaking …
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White House reportedly supports only minor changes to cryptocurrency tax proposal
The crypto community is pushing back against amendments to the crypto provisions of the White House’s infrastructure plan — which seeks to raise $28 billion for infrastructure funding through expanded taxation on …
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Ethereum blockspace demand could see millions of ETH burnt in 2021
London was deployed on Aug 5 ushering in the long-awaited EIP-1559 and its upgrades to the transfer fee mechanism. Part of the base fee now gets burn as a result …
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