At 2:36 p.m.Wednesday, the message went out on Twitter: “Crypto Red Alert!”The message, from a left-leaning tech advocacy group called Fight for the Future, urged people to call U.S.senators to object to one provision of new rules for cryptocurrencies in the massive federal infrastructure bill.Senate offices were swamped with phone calls.Opposition to the provision came…
General Crypto
General Crypto
Cancer patient spent night in hotel to escape power cut
A Marsascala woman who is undergoing chemotherapy paid to spend the night in a hotel after a prolonged power cut left her and her family suffering in the heat and darkness for over 17 hours.The woman’s daughter, who asked not to be named, said the family was forced to seek a hotel room for the…
Singapore to grant licences to digital payments services providers in ‘momentous’ move for cryptocurrencies | South China Morning Post
Singapore’s central bank has told “several” digital payments service providers that they will be granted licences to operate in the city state, in a move analysts say cements its status as Asia’s leading crypto-financial hub.Jason Davis, an associate professor of entrepreneurship and family enterprise at Insead, said it was a “careful next step” into a…
Schumer Vows to Keep US Senate in Session until Infrastructure Bill Passes
Reuters Saturday, 07 August 2021 12:17 PM The U.S.Senate met for the second weekend in a row on Saturday in hopes of passing a $1 trillion infrastructure bill, with its top Democrat warning members he would hold them in Washington through their scheduled summer break if needed.The package, which represents the biggest investment in decades…
Trading cards are big business now. Blame the adults.
Andrew Caroselli, an 18-year-old in Philadelphia, has built an empire by tearing open sports card packs on TikTok.He carefully pleats back the foil at the corners and surgically extracts the cardboard, hoping to find a rarity — Aaron Rodgers, LeBron James, Mike Trout — hiding inside.“Steady, steady,” he repeats, as he unsheathes a Panini Prizm…
Daily Authority: Apple’s scans 🔓
Hi there! My PlayStation 5 arrived early! It was a tough call to not hop on just for a few minutes while writing this newsletter, let me tell you.Also, happy birthday to my sister, who will need to watch out for that quarter-life crisis… Apple scans There’s a big story swirling around about Apple implementing…
A UK man created Idiot Coin to study the ‘hype coin’ craze. It took a few minutes and $300 to mint 21 million coins that hundreds of people were clamoring to buy.
A New York Times reporter created Idiot Coin to illustrate the craze around so-called hype coins.Millions of people wanting to make money have been drawn in by hype coins that hold little intrinsic value or are outright scams.Reporter David Segal marketed Idiot Coin to look like an obvious fiasco: “Def NOT going to the moon!”…
SpaceX and a Canadian startup plan to launch a satellite that will beam adverts into space. Anyone can buy pixels on the satellite’s screen with dogecoin.
A Canadian startup told Insider it’s launching a space-ad satellite into orbit via a Falcon 9 rocket.GEC’s CEO Samuel Reid said anyone can advertise on the satellite by buying a pixel with crypto.The satellite’s selfie-stick will film the screen and the footage will be livestreamed on YouTube.10 Things in Tech: Get the latest tech trends…
Senate edges toward vote on Biden’s $1T infrastructure bill
Senate edges toward vote on Biden’s $1T infrastructure bill Senators are convening for a rare weekend session on the bipartisan infrastructure bill as they edge toward a vote By LISA MASCARO AP Congressional Correspondent August 7, 2021, 1:29 PM • 6 min read 3:04 On Location: August 6, 2021 Catch up on the developing stories…
Crypto community slams ‘disastrous’ new amendment to Biden’s big infrastructure bill
Biden’s major bipartisan infrastructure plan struck a rare chord of cooperation between Republicans and Democrats, but changes it proposes to cryptocurrency regulation are tripping up the bill. The administration intends to pay for $28 billion of its planned infrastructure spending by tightening tax compliance within the historically under-regulated arena of digital currency.That’s why cryptocurrency is…