CageChain Newsletter #173 | The Infrastructure Bill's Crypto Crackdown, BSV's 51% Attack, Blockchain Identity, NFT Leaderboard, Lightning and More...

CageChain Newsletter #173 | The Infrastructure Bill's Crypto Crackdown, BSV's 51% Attack, Blockchain Identity, NFT Leaderboard, Lightning and More...

By KHubbard | CageChain | 5 Aug 2021


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A relatively hidden provision in the $1 trillion bill plans to help pay for new roads and bridges by making the tax collection of crypto activities more efficient. However, it is inadvertently casting to wide a net over the industry, threatening its very livelihood in the U.S. Bitcoin SV suffered a 51% attack Tuesday morning, according to an analyst from the crypto intelligence firm CoinMetrics. Around 11.45 a.m. "some serious hashing power" was unleashed on the network, tweeted Lucas Nuzzi, network data product manager at CoinMetrics. A new report on the potential for blockchain identity management solutions to become integrated across sectors has forecast strong growth for its global market, at a compound annual rate of close to 71%. The report grounds its predictions on a study broken down into segments by sector - e.g., government, healthcare, banking, financial services and insurance (BFSI), geography, and applications. As the non-fungible token (NFT) space continues to grow, the blockchain analytics Nansen has published a leaderboards list of the top wallets (NFT collectors) that interact with NFTs on a regular basis. The analytics firm combed through 90 million ethereum wallets and found a number of big market players making moves in the NFT space. You can find these stories and more at the link below:

 

Newsletter #172

 

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KHubbard
KHubbard

Love contributing content to the Publish0x platform! You can find more about me at www.kamalrhubbard.com.


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