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Colorado DMV Accepts Crypto Payments Through Paypal

[Sep 2, 2023 1:30 AM] The Colorado Department of Motor Vehicles (DMV) has announced it accepts cryptocurrency for its online services via the payment processor Paypal. Besides paying local taxes with coins, residents of the crypto-friendly state will be able to use…

Balancer protocol exploited for $900K as DeFi hacks mount: Finance Redefined

[Sep 1, 2023 1:25 PM] DeFi exploits resulted in losses of over $16 million in August.

Brazilian crypto streamer loses $50K by accidentally exposing private key

[Sep 1, 2023 7:33 AM] The risks of cryptocurrency self-custody are real and should not be underestimated, as the private key can be stolen, destroyed or lost.

China court declares virtual assets legal properties protected by law: Report

[Sep 1, 2023 5:22 AM] Despite a blanket ban on cryptocurrencies imposed by Beijing in 2021, many Chinese courts over the years have established that virtual asset holders have property rights.

Bitwise withdraws Bitcoin and Ethereum market cap ETF application

[Sep 1, 2023 1:39 AM] Bitwise was among a number of asset managers looking to launch spot Bitcoin exchange-traded funds in the United States.

KC Fed tracks healthy growth of crypto ATM industry despite predatory operators

[Aug 31, 2023 1:30 PM] The crypto ATM industry gets little attention relative to its size and issues. It appeals to users with motivations ranging from convenience to investment.

Hurricane Idalia delays Ron DeSantis’ reported plans to accept crypto campaign donations

[Aug 31, 2023 1:00 PM] The storm hit Florida first in the continental U.S., which may have stopped Ron DeSantis from joining Vivek Ramaswamy in accepting crypto donations for his presidential campaign.

$16M in crypto lost to hacks in August: Report

[Aug 31, 2023 10:00 AM] Four security incidents took place on Coinbase's layer-2 solution, Base, shortly after its launch.

Nexo launches crypto Mastercard for EEA citizens

[Aug 31, 2023 8:51 AM] The card is only available to citizens of the 30-country European Economic Area.

No, Bitcoin is not in its ‘longest ever bear market’ — Here's why

[Aug 31, 2023 8:14 AM] Based on some definitions of a bear market, the current cycle is not the longest crypto winter ever seen and may not even be a bear market.

Breaking victim ‘trust’ in scammer is key to beat crypto scams, exchanges say

[Aug 31, 2023 4:25 AM] Responsibility for crypto scams does not only belong to the cryptocurrency industry, it also involves banks, telecoms and social media platforms, Australian exchanges say.

Arkham IDs Robinhood as 5th-largest ETH holder

[Aug 31, 2023 2:45 AM] Arkham Intelligence said the wallet contains approximately $2.54 billion worth of ETH under custody for user balances.

Binance scouts art for Pierre Gasly’s F1 helmet at Abu Dhabi GP

[Aug 31, 2023 1:59 AM] Binance announced a helmet design competition to shortlist the winning art, which will be used as the helmet artwork of Gasly, who won the 2020 Italian Grand Prix.

Swiss SEBA Bank Obtains In-Principle Approval to Offer Crypto Services in Hong Kong

[Aug 30, 2023 9:30 PM] Switzerland-based crypto-friendly SEBA Bank announced it has received an approval-in-principle to operate in Hong Kong. The regulatory nod brings the Swiss bank’s local entity closer to becoming a licensed provider of various services for crypto…

Judge dismisses class-action suit against Uniswap over token scam losses

[Aug 30, 2023 12:10 PM] The judge showed rare understanding of DeFi technology and stated the defendants would do better to address their complaints to Congress.

76% of Vietnamese crypto holders invest based on referrals — Report

[Aug 30, 2023 11:49 AM] Vietnam is currently among the top countries in the world in terms of crypto adoption.

Crypto donations fund fire relief efforts on Maui

[Aug 30, 2023 10:19 AM] The Giving Block matched more than $68,000 in crypto and fiat donations to raise more than $136,000 for a project aimed at assisting efforts following the fires in Maui.

Coinbase stock surges after favorable federal ruling for Grayscale

[Aug 30, 2023 7:29 AM] In the final moments of the trading session on Tuesday, Aug.29, the value of COIN stood at $85.13 per share, a jump of 15% over the previous day's close.

Will Evergrande’s collapse have a silver lining for crypto?

[Aug 30, 2023 6:00 AM] This week, The Market Report discusses Grayscale’s victory against the SEC, the impact of Evergrande’s bankruptcy, and what happened to the 16 trillion PEPE tokens reportedly stolen.

Nigeria’s Patricia crypto exchange seeks to explain its token amid confusion

[Aug 30, 2023 4:52 AM] Patricia clarified that it will operate similarly to an IOU (I owe you) document, serving as a means for the exchange to acknowledge its debt to its users.

South Korean parliament rejects motion to expel lawmaker over crypto scandal

[Aug 30, 2023 4:22 AM] South Korean lawmaker and Wemix investor Kim Nam-kuk will stay in the parliament after a 3–3 vote in the expulsion motion.

Researchers develop crypto literacy scale to measure consumer financial awareness

[Aug 29, 2023 12:11 PM] This could help raise cryptocurrency education, insulate consumers against scams and increase the potential for wealth generation in crypto.

Breaking: Grayscale wins SEC lawsuit

[Aug 29, 2023 8:43 AM] The judge's order does not guarantee the eventual listing of a Grayscale spot Bitcoin ETF.

DCG agrees deal with Genesis that would see recoveries of up to 90%

[Aug 29, 2023 2:22 AM] The estimated U.S. dollar equivalent recoveries could amount to 70%–90% for Genesis creditors, should the amended plan be carried out.

Bitcoin may hit $100K by capturing ‘even 2 to 5% of gold’s market cap’ — Hut 8 VP Sue Ennis

[Aug 28, 2023 3:00 PM] New developments in the Bitcoin mining space have Hut 8 vice president Sue Ennis convinced that well-positioned miners will thrive after the next BTC halving.

Binance adds fiat currency restrictions for Russian users

[Aug 28, 2023 6:45 AM] Russian ruble use on Binance P2P has been restricted to Russian citizens who live in the country.

FTX suspends user accounts amid Kroll cyber breach concerns

[Aug 27, 2023 12:59 AM] FTX took the decision as a proactive measure to prevent any potential future incidents or additional harm following the recent hack.

Pepecoin: Insider trading claims surface amid token theft

[Aug 26, 2023 5:39 AM] On-chain analyst Yazan reports insider selling of PEPE holdings, with around 400 billion PEPE sold, aligning with Pauly’s team exposure.

SEC vs. Ripple: Pro-XRP lawyer urges Clayton, Hinman testimony

[Aug 26, 2023 4:22 AM] John Deaton points out that testimony from former SEC officials Bill Hinman and Jay Clayton during the SEC vs. Ripple Labs case would have categorized XRP as a non-security early on.

Hashdex joins race for spot Bitcoin ETF with unique strategy

[Aug 26, 2023 1:32 AM] Hashdex’s approach differs from recent filings as it won’t depend on the Coinbase surveillance sharing agreement, opting to acquire spot Bitcoin from physical exchanges within the CME market.