Crypto News

Pakistan Telecom Authority Asked to Block Over 1,600 Crypto Sites — Minister Says Government Intends to 'Regularize' Crypto
The Pakistan Telecommunication Authority has been requested to ban more than 1,600 crypto websites by the Federal Investigation Agency (FIA). The action followed a complete crypto ban recommendation by the central bank, the State Bank of Pakistan (SBP). Meanwhile, the country’s science minister said that the government intends to “regularize” crypto in the country.

Crypto.com CEO confirms 400 accounts hacked in a recent cyberattack.
Crypto.com CEO Kris Marszalek confirmed to Bloomberg that the crypto exchange did suffer a security breach, as reported earlier this week.

Opera launches a dedicated crypto browser
Opera has launched its Web3 "Crypto Browser" into beta with features like a built-in crypto wallet, easy access to cryptocurrency/NFT exchanges, support for decentralized apps (dApps) and more. The aim is to "simplify the Web3 user experience that is often bewildering for mainstream users," Opera EVP Jorgen Arnensen said in statement.

Cardano Dex “Ravendex” Launches Exclusive Rave NFT Collection
The Ravendex team after their strategic collaboration with World Mobile Token in bringing Internet access to remote areas in Africa has also announced a 10000 Unique Pixelated Bird NFT collection with proof of ownership stored on the Cardano blockchain.

The SEC has issued $2.4B in crypto-related penalties since 2013
The Securities and Exchange Commission (SEC) has issued a total of approximately $2.35 billion in penalties against participants in the digital asset marketplace since 2013 according to a Jan 19 report by Cornerstone Research.

Multichain under fire from users as hacking losses grow to $3M
Multichain users have lost over $3 million due to an unsolved security vulnerability that appeared in six supported tokens on Jan. 17.

Crypto Scam Websites Attracted Millions of Indians Last Year, Chainalysis Says
Indians visited crypto scam websites nearly 10 million times last year, according to blockchain data analytics firm Chainalysis. The top crypto scam sites alone were visited 4.6 million times by Indian users.

Crypto Index Tracker – Smart Contract Index Jumps 12%
Bitcoin has traded sideways and is currently trading below $42,000 (see charts one and two below). But other crypto markets have performed better. Our smart contract index has jumped 11.9% – thanks to a surge in Cardano (up 31%) – and our DeFi index has jumped 10.6%. The metaverse index had earlier underperformed but could only muster a 6.4% gain.

Google Pay hires PayPal exec to head up crypto payments push
Google has hired a former PayPal executive to help bolster Google Pay, with plans to expand into the crypto space.