Over the past year and half, Bitcoin and its companions in the crypto-market have been a hot topic around the world. Bitcoin aka the king coin hit an all-time high of nearly $69,000, and the market cap hit a high of $3 trillion. The tremendous growth in its price and innovation has had people taking […]

UniCC, the biggest dark web marketplace for stolen credit and debit cards, has announced that it's shuttering its operations after earning $358 million in purchases since 2013 using cryptocurrencies such as Bitcoin, Litecoin, Ether, and Dash. "Don't build any conspiracy theories about us leaving," the anonymous operators of UniCC said in a farewell posted on dark web carding forums, according to

North Korean hackers have showed no signs of slowing down, while they devise more sophisticated means to steal cryptocurrency.

With January in full flow, let's take a look back the news stories from this week that dominated the worlds of Forex, Fintech and Crypto, in our best of the week segment.

Grammy nominee Akon plans to release his next album through a non-fungible token, or NFTs. In an exclusive interview with Esquire magazine, the singer discussed the potential of digital assets and how NFTs could help artists in the music industry. He pointed out that artists in recent years have often complained that music streaming services don’t pay them enough for their songs. “Throughout my career, I have always believed that artists never really got their fair share of the profits for the work they produced and people listen to,” he began. “My next album is going to be an NFT album. What that means is that it opens the door to full transparency where your music is being played, who’s playing it, where they’re playing, and how many times it is played. Financially, you get the royalty every time someone shares it, so it makes sense to me, and that’s the route I want to go for all my future music releases.” Akon says that NFTs or digital representations of music and other collectibles offer full transparency about where a piece of music is being played, who’s playing it, and how many times it’s been played. “With that, I’ll be able to monetize it from the day it drops on every platform that exists,” he added. 2021 was a blockbuster year for NFTs with blockchain analytics firm Chainalysis estimating that the market has surpassed a $41 billion valuation.

The post Akon Plans to Release Next Album as NFTs appeared first on Cryptoknowmics-Crypto News and Media Platform.

North Korean hackers launched at least seven attacks on cryptocurrency exchanges in 2021, stealing around $400 million worth of digital assets, the blockchain analytics firm, Chainalysis revealed i...

Hackers in North Korea are still holding roughly $170 million worth of stolen and "unlaundered" crypto, says research firm Chainalysis.

The volatility of the Turkish lira is pushing Turks to adopt cryptocurrencies as both a means of payment and a store of value.

The post Turkey embraces Bitcoin and Tether as the lira keeps spiraling down appeared first on CryptoSlate.

Amid the current economic situation in the country, and coupled with the fact that Turkey’s fiat currency — the lira has not stopped depreciating in recent weeks, a vast majority of Turks have now found a safe haven in cryptocurrencies (especially Bitcoin and Tether). Turkey Chooses Crypto Over Lira As is common with most developing

The post Turks Turn To Crypto As Lira Continues Plunging appeared first on CoinGape.

LooksRare is putting up more volume than OpenSea, but much of it is marked by inflated trades designed to manipulate the rewards model.

CipherTrace offers a variety of training and certification programs to help users understand the intersection of cryptocurrency and financial crimes. These classes allow users to leverage the expertise and best practices of our team of cryptocurrency AML experts and forensic…

The post CipherTrace Cryptocurrency Training and Certification services appeared first on CipherTrace.

Bitcoin (BTC) has officially surpassed payments giant PayPal in transaction volume.  According to Statista, PayPal processed an average of $302 billion per quarter in 2021, while the Bitcoin network processed an average of $489 billion.  In a new report from blockchain analytics platform Blockdata, the firm looks at what exactly it would take for Bitcoin […]

The post Bitcoin Surpasses PayPal in Transaction Volume: Mastercard Next? appeared first on Coin Bureau.