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APECoin (APE) is a new decentralized project cryptocurrency modeled after the Bored Ape Yacht Club (BAYC) from Yuga Labs, but not necessarily created by them. It is quickly gaining attention.

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The cryptocurrency market has suffered a loss of over $1,000 billion since November 2021. The value of cryptocurrencies declined last week and the trend continued Monday as well. Premium digital currency Bitcoins value fell by of 6.84 per cent Monday. It is now valued at $33,541. In just four days, its value has reduced by $10,000. It was valued at $43,000 last week. The second biggest cryptocurrency Ethereum is now valued at $2,198 after a fall of over 12 per cent since Friday. Cardano has lost...

If you have invested in cryptocurrency, Friday might be the day you would want to forget. Investors lost $140 billion as the market wobbled and almost all digital currencies lost value.  The most expensive cryptocurrency Bitcoin lost 8% of its value. One BTC traded at $38,560, down by $4,853 from $43,413. Ethereum lost 14%, Cardano 5%, Solona 19%, Polkadot 19.63%, Dodge Coin 22%, and Shiba Inu 20%.  The value of cryptocurrencies has been under strain for past many weeks. Bitcoin was...

The State Bank of Pakistan and the federal government have decided to ban the use of all cryptocurrencies, according to a report submitted to the Sindh High Court (SHC) on Wednesday. The SHC has been hearing a case about digital currencies. For the first time, the central bank has taken a clear position on the cryptocurrencies and urged the SHC to not only ban cryptocurrencies but also impose penalties against crypto exchanges. The status of cryptocurrencies in Pakistan has been in limbo in the ...

Report by Arshad Ali The Lahore High Court has formed a committee, comprising the State Bank of Pakistan, Federal Investigation Agency, Federal Bureau of Revenu, and other government institutions, to determine the legality of cryptocurrency in Pakistan. At a hearing on Friday, the petitioner, Javed Kasuri, asked:

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When Muhammad Asghar saw an invitation on social media to invest in a digital currency called Bither Cash, he was excited. Cryptocurrency was all the rage and he felt he should invest. He transferred a vast sum of money to Bither Cash’s Muhammad Zafar’s account. As Bither Cash was actually fake, Asghar lost his money and filed a case against Zafar. Given the excitement about cryptocurrencies in Pakistan, however, the question is how they are regulated and if any authority is monitoring this ...