As dollar shortages persist in Pakistan’s open market, demand for digital dollar alternatives has accelerated, pushing many users towards crypto rails even as formal regulation remains a work in progress. While the Pakistan Virtual Assets Regulatory Authority (PVARA) continues deliberations on detailed rules, market activity has surged outside the regulatory perimeter, often facilitated by illegal […]
cryptocurrency
Crypto hacks hit record high as losses reach $2.7bn in 2025
Cybercriminals stole an estimated $2.7 billion worth of cryptocurrency in 2025, marking the highest annual total ever recorded for crypto-related hacks, according to leading blockchain monitoring firms. The surge was driven largely by a massive breach at Dubai-based crypto exchange Bybit, which alone accounted for nearly half of the year’s losses. Read More: North Korea […]
North Korea tops Global Crypto hacks with $2 billion stolen in 2025
North Korea-linked hacking groups have stolen more cryptocurrency than any other nation in 2025, siphoning off over $2 billion as their operations became fewer but more targeted and higher impact, according to new research. Read More: US crypto expert jailed for 63 months for helping North Korea Blockchain analytics firm Chainalysis reported that from January through early December, […]
TRON founder Justin Sun explores Islamabad in local rickshaw
ISLAMABAD: Justin Sun, founder of the TRON blockchain network and cryptocurrency billionaire, turned heads during his visit to Islamabad when a video surfaced of him inspecting and riding a local rickshaw. The visit was at the invitation of the Pakistan Crypto Council (PCC). Read More: PCC positions Pakistan as rising force in global crypto diplomacy […]
Bhutan to fund Mindfulness City with crypto reserves
Bhutan said on Wednesday it will invest $1 billion from its national crypto currency reserves to develop a planned “Mindfulness City”. The project is intended to become a new economic hub for the small Himalayan kingdom. Read More: Minister urges youth to boost digital economy with crypto innovation The Buddhist-majority nation, located between India and China, is […]
Fauji Foundation signs LOI with Binance for blockchain collaboration
ISLAMABAD: Fauji Foundation, one of Pakistan’s largest business conglomerates, has signed a Letter of Intent (LOI) with Binance, a leading global cryptocurrency and blockchain exchange. The agreement aims to explore commercial collaboration in blockchain, cryptocurrency, payments, and the Web 3.0 ecosystem in Pakistan. Read More: Binance, HTX NOCs first step in crypto regulation, says CEO […]
Finance Ministry enforces asset disclosure for civil servants
Pakistan has enacted legislation requiring all government employees and parliamentarians to publicly disclose their assets by December 31. Finance Minister Senator Muhammad Aurangzeb said the law fulfills IMF directives and is a practical measure, not an additional condition. He emphasized that the move strengthens transparency, accountability, and public trust in governance. Aurangzeb explained that civil […]
Bitcoin tumbles in first annual drop since 2022
Bitcoin faces its first annual decline since 2022 after a turbulent year for cryptocurrencies. October’s massive crash caused billions in liquidations and left traders uncertain. November marked the largest monthly drop since mid-2021, leaving Bitcoin hovering around $89,000. The cryptocurrency’s performance closely followed global stock markets in 2025. Analysts say retail and institutional investors linked […]
Securing Pakistan’s crypto future: how exchanges can build trust amid uncertainty
As Pakistan makes a name for itself in the world of digital finance, the use of cryptocurrencies is growing faster than regulations can keep up. According to Bilal Bin Saqib, CEO of the Pakistan Crypto Council (PCC), the country is one of the top ten in the world for using cryptocurrency, and more than 15 […]
Crypto market wipes out $1 trillion amid Bitcoin crash
NEW YORK: The crypto market has plunged sharply over the past six weeks, erasing nearly $1 trillion in value, marking one of the worst months in the history of digital assets. Read More: Bitcoin plunge deepens as crypto market crashes Bitcoin, the leading cryptocurrency, reached an all-time high of $126,000 in early October before falling to $81,000 […]