Adoption
Crime
US offers $15M for info on Conti ransomware
The U.S. Department of State announced it will pay up to $15 million for information on the Conti ransomware variant.
Exchanges
NBA player Joel Embiid becomes Crypto.com’s new face to say “Fortune Favors the Brave”
Crypto.com’s third global campaign video casts Joel Embiid and takes inspiration from his career path to emphasize the company motto “Fortune Favors the Brave.”
Hacks
At least 54 apes were stolen in BAYC Instagram hack
Bored Ape Yacht Club’s (BAYC) Instagram account was hacked, and at least $13M in NFTs were stolen.
Regulation
Australia aims to finalize crypto regulation by 2025
Australian Prudential Regulation Authority’s (APRA) roadmap includes annual action steps to regulate all crypto-related activities and aims at releasing the regulations by 2025.
NFTs
Coinbase launches NFT marketplace with personalization feature
The beta stage platform is available for a handful of people for now and it will offer personalized suggestions to each user.
Adoption
Germany world’s most crypto-friendly country but averse to DeFi
A recent study concluded Germany is the most crypto-friendly country for the first quarter of 2022. However, the same source also states that there is no DeFi adoption in the region.
Investments
Uniswap launches Labs Ventures to support like-minded web3 projects
DeFi giant Uniswap officially launched its venture capital fund called Labs Ventures to support web3 project that share its objectives.
Adoption
Number of female crypto investors up 172% in 2021
BTC Markets' recent report showed that the number of female investors nearly doubled last year. The steep increase in risk-averse females in the crypto market shows not all crypto investors are risk-lovers.
Adoption
Crypto may thrive amid economic fallout from Russia-Ukraine conflict, says billionaire
David Rubenstein warned that the Russia-Ukraine conflict weighs on the US and European economies resulting in high inflation. As a result, people are turning towards crypto.
Adoption
Tencent’s PayMaya launches crypto services in the Philippines
The financial services platform will now allow users to buy and sell cryptocurrencies via its app.
Mining
Miners utilizing Norway’s renewable energy to reduce Bitcoin’s carbon footprint
A recent report shows that Bitcoin miners in Norway only use renewable energy and have the smallest carbon footprint in the industry thanks to the country’s progressive energy policies.
Adoption
Vantage Bank to offer staff Bitcoin savings plan in an effort to retain talent
Texas-based Vantage Bank said it will offer its employees an option to save part of their salary in Bitcoin. The move is part of a plan to attract new talent.