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US State Regulator Launches Crypto Scam Tracker


The California Department of Financial Protection and Innovation (DFPI) has launched a cryptocurrency scam tracker to help residents “spot and avoid crypto scams.” The regulator stated: “As reports of new crypto scams emerge, the DFPI will continually update this tracker...

State of Crypto: Interpreting the Paxos-Binance Tea Leaves


Remember how the U.S. Securities and Exchange Commission’s declaration of war against crypto staking was big news for like two days? This week we’re looking at the other big news from last week: Paxos and the Binance USD stablecoin it issues. The SEC has apparently alleged the sale of BUSD violates...

Brazilians Will Be Able to Pay Taxes With Crypto


Brazilians will now be able to pay part of their state taxes using cryptocurrencies. Banco do Brazil, a mixed ownership bank, is launching the option of paying a set of taxes with crypto, using Bitfy, a Brazilian cryptocurrency startup, as a payment processor, exchanging the cryptocurrencies paid...

State-backed Crypto Mining Farm under Construction in Russia’s Buryatia


A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is already underway, carried out by a subsidiary of Russia’s largest mining operator, Bitriver. Bitriver...

Cops Accidentally Mistake Nintendo Direct For Bomb Threat


Today a college campus will have extra police officers and K9 units walking around after a joke email from a student to a professor. The student asked the professor to cancel class due to an upcoming “once-in-a-lifetime event.” The event? This afternoon’s much-hyped Nintendo Direct. Read more

North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils


The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for crypto theft, to be blamed on the hermit state....

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