CryptoPage - CryptoPage Newsletter - Issue 239

Crypto Daily News - Feb 6, 2022
 

CryptoPage Newsletter

 

ISSUE 239  February 6th 2022

 

  Crypto News  

 

US Lawmakers Introduce 'Virtual Currency Tax Fairness Act' to Boost Cryptocurrency Use for Payments

Several U.S. lawmakers have introduced the Virtual Currency Tax Fairness Act to strengthen “the legitimacy of cryptocurrency in our digital economy.” The bill also aims to expand the use of cryptocurrencies for payments.

bitcoin.com  Permalink

 

Wormhole exploit shines spotlight on Solana’s speed and proof-of-history

The Wormhole exploit shined the spotlight on a number of things in the crypto industry as users scrambled for answers. Solana, Ethereum, DeFi, cross-chain protocols, and Solana’s proof-of-history consensus mechanism, all came under intense scrutiny. Now, with Wormhole releasing its incident report, there are more voices chiming in.

ambcrypto.com  Permalink

 

3 things the crypto sector must offer to truly mainstream with TradFi

In the past year, we’ve seen the crypto economy undergo exponential expansion as heaps of money poured into various cryptocurrencies, decentralized finance (DeFi), nonfungible tokens (NFT), crypto indices, insurance products and decentralized options markets.

cointelegraph.com  Permalink

 

Venezuelan Government Approves New Tax for Cryptocurrency and Foreign Currency Transactions

The Venezuelan Government has approved a new tax that would affect transactions made in foreign currency and cryptocurrency transactions. Approved by the National Assembly of the country, the tax, called the “large financial transactions” tax would collect up to 20% over transactions made in currencies different from the national fiat currency or the Petro.

bitcoin.com  Permalink

 

Failure To Stay Carbon Neutral Will Cost Bitcoin Miners Dearly, Kevin O’Leary Warns

ABC’s Shark Tank star, Kevin O’Leary, has sounded a warning that environmental, social, and governance (ESG) reporting is going to shake up the Bitcoin mining industry.

coingape.com  Permalink

 

Disney Seeks Manager To Help Lead Company’s Efforts in the Non-Fungible Token (NFT) Space

Disney appears to be interested in jumping into the non-fungible token (NFT) space. The entertainment giant is currently advertising for an open “business development” manager position.

dailyhodl.com  Permalink

 

Easy-to-use DeFi protocols will become the new gatekeepers to crypto

It has arguably never been easier to participate in the crypto ecosystem. After centralized exchange powerhouse Coinbase recently began allowing its users to deposit part of their fiat paychecks into the exchange in the form of crypto, more people are beginning to realize the potential of the industry and participate in this ever-growing ecosystem.

cointelegraph.com  Permalink

 
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