Month: August 2021

$1.2 Trillion Infrastructure Bill Passes Senate With Troubling Crypto Requirements

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The U.S. Senate has passed the $1.2 trillion infrastructure bill with a crypto reporting requirement provision that has been described as “unworkable.” Senator Ted Cruz warned: “This infrastructure bill has in it a portion that is designed to obliterate crypto. That would be a tragic mistake.” Senate Passes Infrastructure Bill With ‘Unworkable’ Crypto Tax Provision … Read more

Are Your Emails Safe?

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Important as emails are to everyday business, most of the messages people receive are considered spam. In some cases, this means the messages are irrelevant or annoying, but in others, it means they’re dangerous. At least 3 billion phishing emails (fraudulent emails meant to steal personal information) are sent every day. Phishing emails come in … Read more

Paypal’s Venmo Launches ‘Cash Back to Crypto’ Feature to Auto Purchase Cryptocurrencies

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Venmo, a Paypal service, has introduced the “Cash Back to Crypto” feature to allow credit card customers to automatically buy four types of cryptocurrencies with their cash back without incurring transaction fees. Cash Back to Crypto on Venmo Payments giant Paypal announced Tuesday a new feature on its Venmo platform called “Cash Back to Crypto” … Read more

EQIFI, the DeFi in Partnership With a Global Bank Now Available on the Bloomberg Terminal

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PRESS RELEASE. EQIFI, a regulated and licensed decentralized platform for pooled lending, borrowing and investing Ethereum-based cryptocurrencies, stablecoins and select fiat currencies, has announced that its native token, EQX, has been enlisted on the Bloomberg Terminal under the EQX ticker symbol. Bloomberg’s influential audience of financial and business decision-makers will now enjoy access to the … Read more

Bitcoin Network’s Mining Difficulty Expected to See Largest Increase in Over 2 Months

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Bitcoin’s hashrate has been steadily climbing after dropping to 69 exahash per second (EH/s) on June 28, as it reached a high of 117 EH/s on Tuesday morning (EDT). The rise in hashpower will likely lead to the highest difficulty expansion in 89 days as estimates currently show a 7.39% increase is due in two … Read more

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