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Showing posts from January 19, 2022

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. Pakistan’s FIA Taking Action Against Crypto Websites, Backing Central Bank’s Crypto Ban Recommendation Pakistan’s Federal Investigation Agency (FIA) has written to the Pakistan Telecommunication Authority (PTA) requesting the telecom regulator to block access to more than 1,600 crypto trading websites, Samaa TV reported Tuesday, citing FIA Director Babur Bakht Qureshi. The director first revealed his intention to approach the Telecommunication Authority about blocking some crypto websites last week. He claims that cryptocurrency is being used for money laundering. In addition, “Qureshi revealed that a list of individua...

Mars4 Metaverse NFT Sale Raises Over $250K in a Day: The World’s First Virtual Mars NFTs Are Selling Rapidly

Mars4 is a multi-tiered project that combines NFTs, Crypto and an immersive survival game together. Through mars4.me , we give you a window to a virtual Mars and a host of investment opportunities via the world’s first revenue-generating NFT. The sale of Mars4 NFTs raised over $250K in a day and saw land plots sell swiftly. Now is the right time to think about becoming a Mars landlord and the profit it will bring in the near future. Epochs: Tiered Crypto Returns Mars4 NFTs represent geographically-exact plots of land across the face of Mars, created with data from NASA and other space agencies, to be fully realised in modern 3D graphics. The Mars4 NFTs are released as part of our Epoch system that uses a scarcity model to establish its pricing. The Epoch system is a tiered system that rewards our investors in stages that see better returns the earlier one decides to invest. To familiarise you with the Epoch system, we have provided greater detail below: Investors who have purcha...

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. Millions of Indians Visit Crypto Scam Sites Indians visited scam crypto websites in droves over the past years, according to data from blockchain analytics firm Chainalysis. The firm found that Indians visited cryptocurrency scam websites 9.6 million times last year. In 2020, the figure was much higher. Crypto scam websites were visited 17.8 million times by Indian users. The top cryptocurrency scam websites visited the most by Indians over the past year, according to Chainalysis, were coinpayu.com, adbtc.top, hackertyper.net, dualmine.com, and coingain.app. The top five crypto scam sites alone received 4.6 million visits from India last year. Indian authorities have been working on several cryptocurrency scam cases. Earlier this month, the country’s Enforcement Directorate ...

Exploring the CropBytes Metaverse: A Futuristic Crypto Game With Real Economics and Immersive Graphics

On January 20th, CropBytes, the four-year-old metaverse farming game, is launching the brand new terrain with immersive 3D graphics. The new version upgrade greatly improved the already cute graphics of the game and brought a fresh feeling that adapts to the latest game aesthetics on mobile devices. What’s more, it keeps all the fun! Introduction The farm simulation game CropBytes was launched in 2018 and has quickly become one of the most immersive crypto gaming experiences with a global game community, surpassing 400,000 organic downloads. The NFT game is available on both the Apple and the Google app stores for Android and IOS users. CropBytes gameplay is a simple but intricately designed playscape ripe for creating a stable & sustainable economy. For the team behind the game, it was essential to focus on sustainable economics, which helped build a long-term game for crypto players. CropBytes was created with an emphasis on the economics of the game beyond the bull run. M...

China’s Central Bank Digital Currency Now Has 261 Million Users — $14 Billion in Digital Yuan Transactions Made

China’s central bank digital currency now has 261 million unique users, according to an official of the central bank, the People’s Bank of China (PBOC). Furthermore, transactions worth 87.5 billion yuan ($13.78 billion) have been made using the digital yuan and more than 8 million merchants now accept e-CNY. China’s Central Bank Digital Currency Growing in Adoption Zou Lan, head of financial markets at the People’s Bank of China (PBOC), provided an update on the country’s central bank digital currency (CBDC), the digital yuan, at a press conference Tuesday. According to the PBOC official, e-CNY had 261 million unique users at the end of 2021, and transactions worth 87.5 billion yuan ($13.78 billion) have been made using the Chinese central bank digital currency. In addition, more than 8 million merchants now accept the digital yuan. China’s central bank has been actively testing its digital currency, also known as Digital Currency Electronic Payment (DCEP), in various cities over ...

Mastercard and Coinbase Partner to Make NFTs More Accessible to Everyone

Payments giant Mastercard has partnered with cryptocurrency exchange Coinbase to make non-fungible tokens (NFTs) more accessible to everyone. Mastercards can be used to make purchases on Coinbase’s upcoming NFT marketplace. Mastercard Partners With Coinbase Payments giant Mastercard and cryptocurrency exchange Coinbase independently announced their partnership Tuesday. Mastercard stated that the company is “Making it easier for everyone to buy NFTs,” elaborating: We’re excited to announce today that we’re partnering with Coinbase to let people use their Mastercard cards to make purchases on Coinbase’s upcoming NFT marketplace. “Getting more people involved safely and securely is perhaps the best way to help the NFT market thrive,” the payments giant noted, elaborating: Mastercard sees even greater potential for NFTs’ underlying tech to go beyond art and collectibles into many more areas. Coinbase announced in October last year that it is launching an NFT marketplace. The com...
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