Market
Adoption
Colorado residents can now pay their taxes in crypto
Governor Polis has revealed that Colorado residents would soon be able to pay state bills with digital assets.
Hacks
Cardano incentivizes “hackers” to find its network vulnerability
The Cardano foundation has received 11 reports in the last three months and has paid a bounty of only $2300.
Exchanges
Binance US reportedly under SEC radar
CZ was in control of two trading firms that were acting as market makers for Binance US.
Metaverse
JPMorgan is the first bank in the Metaverse
JPMorgan has a virtual lounge named “onyx lounge” in Decentraland’s Metajuku mall.
Scams
How this crypto founder escaped a “social engineering” hack
The crypto founder was sent an NFT that would have made it possible for the scammers to steal his Ethereum holdings.
Analysis
New survey reveals Ethereum could trade above $7k in 2022
Ethereum price is expected to trade as high $7609 this year before retracing to around $6500.
NFTs
“Plagiarism” and “wash trading” issues forced NFT marketplace to suspend sales
The NFT scene has become replete with issues bothering on plagiarism, wash trading and a number of other “legal” issues despite its growth.
NFTs
This CryptoPunks NFT was sold for 8,000 ETH ($23 million)
A CryptoPunks NFT was sold for 8000 units of Ethereum which translates to around $24 million.
Lending
Crypto Lending: BlockFi to pay $100 million fine to SEC
BlockFi has agreed to pay a $100 million fine and also stop creating new accounts for US residents.
Crime
Report: Crypto ransomware payments in 2021 was over $600 million
Ransomware attackers have a preference for receiving their payments in Bitcoin and privacy-focused digital asset, Monero.
Adoption
New Tennessee bill wants the state to invest in Bitcoin and NFTs
Tennessee’s bill follows other move by states in the United States to adopt a friendly approach towards crypto.
NFTs
Did Melania Trump sell her NFT to herself for $170,000?
The creators of Melania Trump NFT funded the wallet which eventually won the auction for the NFT.