DeFi cryptocurrency

Cybercriminals now target DeFi protocols for stealing cryptocurrency

New Chainaysis report also found that the illicit share of all cryptocurrency transaction volume at an all-time low, indicating positive progress as non-traditional finance technologies mature

Bitcoin

Bitcoin recovers to $30,000 area after shedding weekend weakness

Bitcoin has struggled in recent weeks as the Federal Reserve hikes interest rates and inflation remains high

dubai uae

Dubai wants metaverse to contribute $4bn to its economy by 2030

A new task force has been set up by the Dubai government to track the latest developments in the digital economy

Museum-of-the-Future

Dubai’s Museum of the Future partners with Binance to issue NFTs

The Museum of the Future intends to develop assets within the fields of NFTs, cryptocurrencies and the blockchain

Crypto

Crypto is feeling the market heat. Here’s what you should do

The turmoil is a good time for investors to rebalance their portfolios

Binance regulatory

Crypto exchange Binance gets French regulatory nod in European push

The regulatory nod will help boost the company’s ambitions in Europe and marks the exchange’s first major approval from a G-7 member nation

Gucci

Gucci to start accepting crypto payments in select US stores

Gucci, owned by Kering SA, will initially accept 10 cryptocurrencies including Bitcoin, Bitcoin Cash, Ether, Dogecoin and Shiba Inu

Biomass. emissions

First African emissions reduction credit platform unveiled

The platform, to be known as CYNK, will use the Hedera Hashgraph public decentralised ledger to track emission reductions

Bitcoin

Bitcoin tests $39,000 in push toward high end of trading range

Crypto assets have all been weighed down as the Federal Reserve and other global central banks raise interest rates

Crypto

Crypto giveaways return with many of same old risks

Large investors and creators of the project have been the big winners of the ApeCoin distribution

EX Sports Binance NFT

EX Sports, Binance NFT to launch unique Urbanball NFT collection

The ‘Mystery Box Collection’ is scheduled to go live at 3pm on May 3, 2022

Stripe

Stripe teams up with Twitter in renewed crypto payments push

The company processed $640bn in payments in 2021

Bitcoin falls to lowest in a month as risk aversion takes oll

Bitcoin has been struggling along with risk assets in recent months

Bitcoin surpasses $41,000 as technical analysts predict bounce

Bitcoin has been largely stuck in a range of about $35,000 to $45,000 this year

Bitcoin mining giants eye Middle East, Europe for expansion

Bitcoin miners had been flocking to Texas for its low electricity prices and liberal regulations on crypto mining

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Here’s how Metaverse can contribute to the economy

UAE can secure its position as a global and regional hub with Metaverse opportunities, says Juwan Lee, founder and chairman at NexChange Group

How DIFX is bridging the gap between traditional and digital assets

With a growing startup ecosystem and tech-driven individuals, the Middle East region is on the verge of becoming a global fintech leader, says Jeetu Kataria, co-founder and CEO at DIFX

What role is Metaverse playing in reshaping the healthcare sector

Digital health solutions are on the cusp of a unprecedented growth due to augmented and virtual reality technologies, says Dr Ben O. J. El Idrissi, COO and founder at Aimedis

Unsplash

Revoland becomes the first blockchain game to launch on Huawei Cloud

Revoland is a multiplayer online battle arena where players can gather friends to form a team, play and earn token rewards for their individual skills

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Jack Dorsey’s first tweet offered for $48m on NFT marketplace

It is 16 times of what the owner paid for a year ago

Dubai Police to release 150 free NFTs available to people around the world

Dubai Police is the first government entity in the UAE to create its own digital assets

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Crypto.com, Bybit announce plans to set up operations in Dubai

Bybit will move its global headquarters to the emirate, with operations starting as early as next month

Bitcoin’s stealth rally has bulls eyeing $51,000 once again

The coin has added 15 per cent over the past week

Dubai: Pupil sells first-ever verified NFTs of digitised real-world properties

The first sale globally was to a senior banking executive in Dubai

Binance secures licence by Dubai’s Virtual Asset Regulatory Authority

The company will be allowed to offer limited exchange products and services to pre-qualified investors and professional financial service providers

Bitcoin jumps above $41,000, challenging past week’s tight range

Bitcoin had spent the past few days mired in the tightest trading range since October 2020

Bahrain

Bahrain’s Central Bank issues operating licence to Binance

Bahrain is the first GCC country to issue regulatory approvals to the blockchain and cryptocurrency infrastructure provider

Crypto Oasis gears up to add up to 1,000 blockchain organisations

As of March 2021, this fast-growing ecosystem reached over 700 organisations operating out of the UAE

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Global Blockchain Congress: Interview with Lutfi Qarajah, Petracoins

Petracoins is a digital asset management platform that helps businesses in purchasing, trading, storing, and using currencies such as bitcoin

How One Global helps make day-to-day digital service payments more mobile

Our forward-thinking approach and business platforms are on the verge of disrupting the status quo for entrepreneurs, says Mohammed Al-Rashidi, executive chairman, One Global