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House passes $1T infrastructure bill with crypto tax for Biden's approval
The infrastructure bill was first proposed by the Biden administration aimed at primarily improving the national transport network and internet coverage.
3 reasons why DeFi users are bullish on Abracadabra, Magic Internet Money and SPELL
Investors have embraced Abracadabra Money’s truly decentralized approach to DeFi and the option to draw stablecoin loans off a growing list of assets appears to be backing SPELL’s rally to new highs.
Altcoin Roundup: 3 blockchain protocols taking the supply chain crisis head-on
Supply chain issues continue to make global headlines on a daily basis. Here’s three projects that are using blockchain technology to provide solutions.
Risk monitoring firm Solidus Labs completes $15M strategic round
In total, the market surveillance company has raised $35M in the last six months.
Enegra migrates digitized equity tokens from Ethereum to Polygon blockchain
The firm selected the Polygon blockchain for its low transaction fees and fast transaction time.
Next generation of crypto millionaires: SHIB allows warehouse manager to retire
The funds gave him the ability to quit his job, which paid $68,000 annually, to stay at home taking care of his son and participate in online discussions about projects related to the memecoin.
Finance Redefined: Avalanche launches $200M fund, wXRP to debut on Ethereum Oct. 29–Nov. 5
Avalanche Foundation showcases a six-figure ecosystem fund, wXRP set to launch smart contracts on Ethereum, and AllianceBlock joins forces with Flare — all coming to you in this week’s Finance Redefined.
Argo Blockchain's Texas mining facility could cost up to $2B
CEO Peter Wall has cited Texas’ cheap renewable energy as well as its openness to innovation in new technologies as part of the reason for the construction of the data center.
Jack in the Box claims in court FTX US ripped off its character to create 'Moon Man'
The filing shows FTX refused to stop using its mascot, claiming “Jack in the Box has only narrow protection limited to the behatted ping pong‐headed clown who exploded out of a box to sell burgers.”
Puerto Rico To Become Cryptocurrency Capital Due To Favorable Tax Laws
One of the controversial topics in recent times is the payment of tax on cryptocurrency gains. In the USA, the IRS termed virtual currencies as property which means that holders will pay taxes like holders of fundamental properties or stocks.
The age...