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“# Brazilian federal deputy proposes crypto payment option for workers ” Federal Deputy Luizão Goulart, a Brazilian congressman, proposed a bill to legalize crypto payments as a mode of payment for public and private sector workers. Goulart’s proposal seeks a new law that allows all Brazilian workers to have an option to request employers for…
“# Green means go: 5 spectacular altcoin rallies with one thing in common ” In crypto trading we often see entire sectors move in tandem. DeFi coins may all curve upwards together, while metaverse tokens soared on news that Facebook’s getting a Facelift. But this week’s group of top crypto performers have very little in…
“# Reddit to reportedly tokenize karma points and onboard 500M new users ” American social media giant, Reddit, may soon convert users’ karma points into Ethereum-based (ERC-20) tokens and onboard 500 million new crypto users in the process, according to a newly hired Reddit engineer. A series of tweets made by Reddit engineer, Rahul, highlights…
“# House passes $1T infrastructure bill with crypto tax for Biden’s approval ” The United States House of Representatives passed the $1.2 trillion bipartisan infrastructure bill, which if signed into law by President Joe Biden, would enforce new provisions in relation to crypto-tax reporting for all citizens. The infrastructure bill was first proposed by the…
“# 3 reasons why DeFi users are bullish on Abracadabra, Magic Internet Money and SPELL ” Stablecoins and their use in decentralized finance (DeFi) have played a key role in the 2021 cryptocurrency bull market because allow investors to participate in the ever-growing number of protocols that offer high yield staking pools and they ease…
“# Altcoin Roundup: 3 blockchain protocols taking the supply chain crisis head-on ” The world of blockchain technology has undergone a significant transformation over the past decade as the concept evolved from offering a simple means of exchange between two parties to a sprawling ecosystem full of protocols with real-world applications ranging from decentralized finance…
“# Enegra migrates digitized equity tokens from Ethereum to Polygon blockchain ” Enegra Group, a commodities trading firm based in Malaysia with a net asset value of $28 billion, has migrated its equity-tied EGX security tokens to the Polygon (MATIC) blockchain from Ethereum (ETH). In 2019, Energra tokenized 100% of its equity, enabling shareholders to digitally…
“# Cosmoverse Conference 2021 kicks off in Lisbon ” The team behind interoperable blockchain network Cosmos (ATOM) recently hosted the Cosmoverse Conference live from Lisbon, Portugal. Cosmonauts,#Cosmoverse it’s LIVE! This event is 100% from the community to the community, and we are proud to have our Cosmos Hub Community Pool as the main sponsor! Tune…
“# Altcoins surge even as Bitcoin and Ethereum price fall toward key support levels ” Price action in the crypto market has not been for the faint of heart over the past 48-hours and it’s clear that volatility following Bitcoin (BTC) and Ether’s (ETH) breakouts to new all-time highs. While the top two cryptocurrencies fight…
“# Phoenix Global token soars by 5,600% in just four minutes — But there’s a catch ” It took just four minutes for a relatively unknown cryptocurrency to rise by over 5,600% as of Nov. 5, according to data from CoinMarketCap. Dubbed Phoenix Global (PHB), the token soared from $0.02057 to as high as $1.1413…