The Middle East Blockchain Awards (MEBA) are one of the most anticipated crypto, and blockchain events in the crypto industry prevailing throughout the global world market place, United Arab Emirates. With the hype of the Abu Dhabi Finance Week ending on the same very day as the MEBA, the entire
With the outbreak of the downfall of FTX exchange, has indeed created a huge impact upon the global crypto market deliberately. In this sense, according to surveys, the worst affected country due to the passing down of the FTX exchange is South Korea. This survey was indeed a direct result
BBC reported recently that the deportation of Faruk Fatih Ozer was agreed upon between Albanian and Turkish officials and that he has 15 days to challenge the decision. Last year, the 27-year-old and his struggling cryptocurrency trading platform, Thodex, gained headlines when he suspended trading and took the website down.
By March of 2023, the Caribbean country of St. Kitts and Nevis may adopt Bitcoin Cash as legal cash. That was announced by Prime Minister Terrance Drew on November 12 during the Bitcoin Cash 2022 conference in St. Kitts. DCash is the central bank digital currency (CBDC) initiative of the
As a result of his recent comments on crypto entrepreneur Sam Bankman-Fried, American entrepreneur Michael Saylor has received widespread backlash from the crypto community. The co-founder of MicroStrategy is well-known for his advocacy of Bitcoin’s use in the financial sector. Despite significant unrealized losses as a result of Bitcoin’s recent
Following the demise of crypto behemoth FTX, CZ has prompted a flurry of reserve audits at cryptocurrency exchanges. Proof-Of-Reserves was first proposed by Binance’s CEO. Grayscale, a digital asset investing business, has refused to provide its on-chain proof of reserves, citing security concerns. On Friday afternoon, Grayscale sent an announcement
Litecoin was among the few currencies to see an increase in value while the market fell last week. Over the past seven days, Litecoin has seen a rise in value. Litecoin is at $63.44 at the moment. The price of Litecoin has fared better than most other cryptocurrencies since the
Despite the massive fall of FTX earlier this month. London-based investment firm Man Group Plc is planning to start a cryptocurrency hedge fund. According to a Bloomberg report from the 18th of November, Man Group is getting ready to launch its cryptocurrency-focused hedge fund via its algorithmic trading arm AHL.
S. Korean authorities have conducted a search warrant at the headquarters of Chai Corporation. A payments technology firm created by Terra co-founder Daniel Shin. On Tuesday, prosecutors for Seoul Southern District in South Korea confirmed the raid. There have been rumors that the company’s debut of its Terra payment services
On November 14th, American technology firm Ripple announced a collaboration with MSF Africa to “streamline [MSF Africa’s] real-time mobile payments for their customers across 35 countries.” Moreover, MSF Africa, a prominent fintech firm on the continent, has agreed to use Ripple’s on-demand liquidity (ODL) crypto solution. In response to MSF
