The Biggest Moves In Bitcoin, NFTs And More

[content][quote]Market Buzz[/quote]The Biggest Moves In Bitcoin, NFTs And MoreCryptocurrency Prices Today: Markets in red as Bitcoin, Ethereum down[/title][body]

Cryptocurrencies traded in the red early on January 14. The global cryptocurrency market cap is $2.03 trillion, a 1.79 percent decrease over the last day. The total crypto market volume over the last 24 hours is $101.64 billion, a 0.49 percent increase. While decentralised finance (DeFi) accounted for 15.05 percent of the trading volume at $15.30 billion, stablecoins made up 72.06 percent at $73.24 billion. Bitcoin’s price is currently Rs 34 lakh and its dominance of the crypto market over the last 24 hours is 40.19 percent in rupee terms. This is a decrease of 0.54 percent over the day. Read more here. [/body][/content]

[content][quote]Bitcoin Mining[/quote]The Biggest Moves In Bitcoin, NFTs And MoreJack Dorsey’s Block Inc to build open bitcoin mining system[/title][body]

Block Inc Chief Executive Officer Jack Dorsey has said in a tweet that the fintech firm is building an open bitcoin mining system, as the newly re-branded company looks to expand beyond its payment business and into new technologies like blockchain. In a tweet thread, Block’s general manager for hardware, Thomas Templeton, has laid out the company’s plans about building the mining system. Read more here. [/body][/content]

[content][quote]International Buzz[/quote]The Biggest Moves In Bitcoin, NFTs And MoreNorth Korean hackers stole $400 million in cryptocurrency in 2021[/title][body]

North Korea launched at least seven attacks on cryptocurrency platforms that extracted nearly $400 million worth of digital assets last year, according to blockchain analysis firm Chainalysis’s new report. “From 2020 to 2021, the number of North Korean-linked hacks jumped from four to seven, and the value extracted from these hacks grew by 40%,” as per the report. “Once North Korea gained custody of the funds, they began a careful laundering process to cover up and cash out,” the report added. Read more here.[/body][/content]

[content][quote]NFT Mania[/quote]The Biggest Moves In Bitcoin, NFTs And MoreChina to launch state-backed, crypto-less NFT platform[/title][body]China has famously come out against cryptocurrency time and again over the years, ramping up its efforts last year as it cracked down on Bitcoin mining. But what about NFTs? A new report out of the country now suggests that China will debut its own state-backed platform for launching such tokenised digital collectibles—with no crypto allowed. Read more here. [/body][/content]