Early on January 14, cryptocurrencies were trading in the red. The global cryptocurrency market capitalization is $2.03 trillion, down 1.79% from the previous day. Total crypto market volume increased by 0.49% in the past 24 hours to $101.64 billion. Stablecoins accounted for 72.06% of trading volume at $73.24 billion, while decentralized finance (DeFi) contributed 15.05% at $15.30 billion. The price of Bitcoin is currently at Rs 34 lakh, and it has a 40.19% control of the cryptocurrency market in the last 24 hours in terms of rupees. This represents a decrease of 0.54% compared to the previous day.
North Korea launched at least seven attacks on cryptocurrency platforms that mined nearly $400 million in digital assets last year, according to new report from blockchain analytics firm Chainalysis . “From 2020 to 2021, the number of North Korea-related hacks increased from four to seven, and the value extracted from these hacks increased by 40%,” according to the report. “Once North Korea obtained custody of the funds, it began a thorough laundering process to conceal and cash out,” the report added.
Block Inc CEO Jack Dorsey said in a tweet that the fintech company is building an open bitcoin mining system as the newly renamed company seeks to grow beyond its business. payment methods and in new technologies such as the blockchain. In a tweet thread, Block’s general manager of hardware, Thomas Templeton, outlined the company’s plans for building the mining system.
China has spoken out against cryptocurrency many times over the years, stepping up its efforts last year as it cracked down on Bitcoin mining. But what about NFTs? A new report on the country now suggests that China will launch its own state-backed platform to launch such tokenized digital collectibles, without any cryptography allowed.
Summary of news:
- The most significant changes in Bitcoin, NFT, DeFi and other cryptocurrencies
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