Here is what happened yesterday in the crypto market:
Panama City to Accept Bitcoin and Ether for Tax Payments
Panama City has officially greenlit the use of Bitcoin and Ether for payments of taxes and city services, marking a significant step in cryptocurrency adoption within the region. Read more
VanEck Launches Crypto Stock Tracking ETF
VanEck is set to introduce an actively managed exchange-traded fund (ETF) that tracks digital asset stocks, having received approval from the SEC. This ETF will offer investors exposure to companies involved in the crypto industry. Read more
Crypto Casino Founder Arrested for Gambling Investor Funds
Richard Kim, the founder of crypto casino Zero Edge, was arrested following accusations of gambling away funds invested by others. Read more
Kraken Reduces Workforce Ahead of Potential IPO
Crypto exchange Kraken has laid off a number of employees across various departments in an effort to streamline operations as it considers a possible public offering. Read more
North Korean Hackers Target Crypto Developers with Fake Job Offers
North Korean hackers are reportedly targeting crypto developers by using fake recruitment tests that are infected with malware, following a familiar pattern of cyber attacks to illicitly gain funds. Read more