Circle, the company that created the USDC stablecoin, announced a partnership with public charity Endaoment to create a disaster relief fund. The fund will help mid-western American communities impacted by last week's deadly tornadoes. The two entities hope to raise $1 million in grants to support the American Red Cross and local non-profits.Via Endaoment, blockchain … [Read more...] about Circle and Endaoment to create USDC-based disaster relief fund for communities impacted by deadly tornado
Disaster
What to Do About the Looming Disaster for Crypto in 6050I
This episode is sponsored by NYDIG.Download this episodeOn this edition of “The Breakdown Weekly Recap,” NLW covers:SEC Chair Gensler’s recent comments on crypto enforcementThe OCC concludes its crypto sprintWhy the crypto community is so concerned about Infrastructure Bill amendment 6050IThe vibe from NFT.NYCSee also: Market Wrap: Bitcoin Could Break Out and Rise With Altcoins … [Read more...] about What to Do About the Looming Disaster for Crypto in 6050I
This Overlooked Crypto Tax Provision Would Be a Disaster
This episode is sponsored by NYDIG.Download this episodeOn this edition of “The Breakdown’s Weekly Recap,” NLW looks at:Hidden crypto tax provision 6050IChilling language from British lawmakers around using CBDCs to control citizens’ spendingThe Compound political gaffeSee also: Compound Founder Says $80M Bug Presents ‘Moral Dilemma’ for DeFi Users“The Breakdown” is written, … [Read more...] about This Overlooked Crypto Tax Provision Would Be a Disaster
Former US president calls crypto a ‘disaster waiting to happen’
In an interview with Fox Business released today, former U.S. President Donald Trump was questioned about his views on the health of the Wall Street markets, the current administration's progress, as well as the potential of Bitcoin and the cryptocurrency market.In response to the latter question, the former President stated: “I like the currency of the United States, but I … [Read more...] about Former US president calls crypto a ‘disaster waiting to happen’