While Bitcoin drops, NFTs soar: Footprint Analytics Monthly Report

While Bitcoin drops, NFTs soar: Footprint Analytics Monthly Report

December’s crypto market slowdown became a full downturn in January. DeFi activity shrunk while the prices of BTC and ETH dropped. However, one asset grew faster than ever. According to Footprint Analytics,... Read more »
Report: North Korea funded missile program using stolen crypto

Report: North Korea funded missile program using stolen crypto

A report submitted to the U.N. Security Council shows that North Korean cyber actors have stolen millions of dollars from crypto exchanges.  The report stated that funds gotten from these cyberattacks form... Read more »
Chainalysis report finds most NFT wash traders unprofitable

Chainalysis report finds most NFT wash traders unprofitable

Nonfungible tokens (NFT) have taken the world by storm, resulting in mainstream interest and greater adoption of cryptocurrency. According to blockchain analysis firm Chainalysis, NFT popularity skyrocketed in 2021. Chainalysis’ “NFT Market... Read more »
Russian Government to Present Regulatory Scenarios for Cryptocurrencies Within a Week, Report

Russian Government to Present Regulatory Scenarios for Cryptocurrencies Within a Week, Report

The federal government of Russia should be ready with different regulatory scenarios for the country’s crypto market by the end of next working week, documents from a recent meeting have indicated. The... Read more »
Report: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners 'Was Pointless'

Report: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners ‘Was Pointless’

In mid-May 2021, the American multinational technology company Nvidia Corporation revealed that it added a hashrate limiter to curb the use of cryptocurrency mining with its graphics processing units (GPUs). However, crypto... Read more »
Mark Zuckerberg's Meta in Talks to Sell Assets in Crypto Project Diem: Report

Mark Zuckerberg’s Meta in Talks to Sell Assets in Crypto Project Diem: Report

Meta, formerly Facebook, is reportedly in talks with investment bankers to sell its assets in the cryptocurrency project Diem, formerly Libra. The diem USD stablecoin was supposed to be issued by Silvergate... Read more »
Report: Crypto-investment products see $14 million inflow over past week

Report: Crypto-investment products see $14 million inflow over past week

For the first time this year, digital asset-based investment products saw an inflow of funds as investors looked to capitalize on low market prices of these assets that was caused by the... Read more »
Pakistan Seeks to Block Websites Dealing in Cryptocurrency: Report

Pakistan Seeks to Block Websites Dealing in Cryptocurrency: Report

Pakistan’s Federal Investigation Agency (FIA) is reportedly seeking to block websites dealing in cryptocurrency. The decision followed a meeting the agency had with the State Bank of Pakistan (SBP) which recently recommended... Read more »
Pakistan's Central Bank Decides to Completely Ban Cryptocurrency: Report

Pakistan’s Central Bank Decides to Completely Ban Cryptocurrency: Report

The State Bank of Pakistan (SBP), the country’s central bank, has reportedly come to a decision to ban the use of all cryptocurrencies within the country. The central bank has also asked... Read more »