Capital Gains Tax, Commodity Inflation and Tether

Get your weekend macro fix with Blockworks’ own Mike Ippolito and Tyler Neville.

April 26, 2021 11:57 am

In the weekly roundup episode of Blockworks’ podcast “On the Margin,” Michael Ippolito, co-founder, Blockworks, sits down with Senior Editor Tyler Neville to talk about the news this week in macro, including: Biden proposes to raise the capital gains tax to 39.6%, we’re seeing the beginnings of soft commodity inflation, Mike Novogratz’s Galaxy Digital might buy BitGo, and Coinbase Pro announces support for Tether’s Ethereum based USDT Stablecoin.

“On the Margin” is a two-part show. Once a week, Mike interviews industry experts, and then at the end of the week he is joined by co-host Tyler Neville where they break down the top crypto and macro stories. Episodes go live every Wednesday and Saturday morning.

Subscribe to “On the Margin” today on Apple or Spotify, or watch the episode on YouTube.

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Polygon Protocol Governance Call (PPGC) #21

A significant portion of the call was dedicated to discussing the proposed ZK-PoS Phase 1, which aims to connect Polygon PoS to the AggLayer using a ZK proof of consensus, in addition to a pessimistic proof. This upgrade is intended to generalize how chains settle while protecting chain health and asset integrity. The implementation will involve deploying new contracts for the LxLy unified bridge for token mapping and migrating existing tokens from the PoS portal to the new deployment.

by Boccaccio