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Elizabeth Warren remains undeterred
Representing Massachusetts in the U.S. Senate, she's forcefully advocating for immediate steps to plug the gaps in cryptocurrency tax provisions, gaps that are believed to be worth roughly $50 billion.
Warren's argument rests on the Infrastructure Investment Act, which is set to take effect on January 1, 2024. Still, disappointingly, no preliminary guidance has been put forth by the Department of Treasury on this concern. Unlock Financial Freedom with Creditcoin's CTC Token
Creditcoin, a crypto lending/borrowing solution, utilizes its native CTC token for transaction fees and mining rewards. This review examines the project's origins, infrastructure, ICO funding, and competition with Compound. It also analyzes the tokenomics behind CTC's distribution. Dive in! Tether and Georgia Government Collaborate to Drive Blockchain
Tether, the leading stablecoin provider, has signed a Memorandum of Understanding (MOU) with the Government of Georgia to develop and promote blockchain, Bitcoin, and peer-to-peer infrastructure. This strategic partnership aims to position Georgia as a central hub for cutting-edge technologies, sparking a wave of innovation and economic growth. Optimism Rebranded As OP Mainnet
In a strategic move to align with its vision of building a network of interconnected Layer 2 blockchains, Optimism has rebranded itself as OP Mainnet. The name change signifies the distinction between the core blockchain infrastructure and the encompassing ethos of “Optimism.” iExec (RLC): An Overview of the Project
iExec RLC exemplifies the transformation of a Web3 marketplace with its native ERC-20 token RLC, evolving into an entity similar to an Ethereum sidechain. The platform's distinct consensus algorithm, dedicated dApps creation infrastructure, secure smart contracts, and oracle factory are hallmarks of this transformation. 
Verkle Trees: Paving a New Path to Ethereum Decentralization
Ethereum, the frontrunner in smart contract platforms, is preparing for an upgrade that might substantially enhance its decentralization through the use of Verkle trees (distinct from Merkle trees!). This anticipated shift aims to cut down the amount of data essential for the network's infrastructure, making it both more user-friendly and resilient. PayPal is rolling out its own stablecoin
Partnering with Paxos Trust, financial giant PayPal has unveiled PayPal USD (PYUSD), focusing on swift and budget-friendly payments.
With backing from dollar deposits, short-term government securities, and similar cash equivalents, PayPal's CEO, Dan Schulman, envisions the stablecoin bolstering the company's foothold in the digital currency space:
"The vision over time is that this becomes a part of the overall payments infrastructure." Optimism announced Law of Chains v0: a foundation for the future
Optimism announced Law of Chains v0: a foundation for the future of Superchain.
Law of Chains v0 will change Optimism Governance to govern standards for multiple chains, defining the necessary conditions for integration into Superchain and prioritizing user security. According to the developers, this will:
1. Preserve a unified, neutral, and open blockchain space.
2. Conduct blockchain modernization.
3. Ensure infrastructure availability.
Optimism aims to officially unveil this project and the first version of the new chain governance process after discussions with the community in the next governance season. 
Google Cloud Collaborates with El Salvador
This collaboration seeks to digitize various sectors, including government services, healthcare, and education. The Google Distributed Cloud (GDC) services will enhance local infrastructure and data processing capabilities, aligning with El Salvador’s vision to become an innovation hub. President Nayib Bukele emphasized the importance of technology and foreign investment for the nation’s development: “Google’s global experience combined with the audacity of El Salvador will redefine the technological landscape.” Maverick Protocol: The First Dynamic Distribution AMM
The Maverick Protocol emerges as a fresh infrastructure solution tailored for the ever-evolving DeFi environment. It refines liquidity management for providers, harnessing an Automated Market Maker (AMM) model enriched with dynamic distribution capabilities. Bitdeer launches bitcoin mining operations in Bhutan
Bitdeer Technologies Group, based in Singapore, has successfully set up an avant-garde bitcoin mining facility in Gedu, Bhutan – a nation recently recognized for its crypto investments.
As the facility approaches the end of its trial run, many of its mining units are already in operation. Reflecting on the progress, Bitdeer's CEO, Linghui Kong remarked:
"We made significant strides on both the operational and infrastructure fronts during July." The Ankr Project and ANKR Token: Features and Prospects
Ankr is a trailblazing platform equipped with its proprietary blockchain, developed specifically for node hosting and as a supplier of Web3 infrastructure. It provides developers with the essential tools and resources they need to create decentralized apps and networks. 
Keep Network: An Overview of the Privacy-Focused Infrastructure
Keep Network serves as a platform for storing encrypted private data on a public blockchain. The system comprises off-chain data containers known as "keeps". This groundbreaking infrastructure opens the door for developers to design fully private dApps and smart contracts. 