Introduction
The concept of blockchains was combined with other technologies to create modern cryptocurrency by Satoshi Nakamoto in 2008. This technology gained widespread awareness and acceptance with the launch of Bitcoin in the year 2009. Blockchains are the foundation of cryptocurrencies and a simplified payment verification process. It’s expected blockchain technology will mature...
Sina Estavi, the Iranian CEO of BRG token and cryptoland exchange was arrested today by the Iranian authorities, branded as scam ponzi scheme by the countries semi official news agency Mehr News. Despite main stream media's insistence Sina Estavi is a Malaysian businessman, he is indeed Iranian born and...
The UAE minister of economy said at a panel for the World Economic Forum’s Global Technology Governance Summit that utilizing cryptocurrency along with asset tokenization will be the key to double up the country’s economy. The future economy of the country in 10 years is estimated to be the...
Iran Blockchain association has published a list of Iranian blockchain, DeFi and crypto warning, ponzi, scam list for all users to be vary of, moments later they have received a court order in Iran regarding their published list and halting their association activity until further notice.
In a Clubhouse room...
For most people interested in Bitcoin and other digital assets, Iran remains a very exotic country. The situation of Iranian blockchain enthusiasts is mostly unknown to the general public in foreign countries. But people who would think that Bitcoin is not popular in Iran would be greatly mistaken -...
In an exclusive breaking story sent to us by a source inside a Middle East anti-financial crime institution, it is alleged the Iranians behind Bridge Oracle and the BRG token which is a company setup in Malaysia but Iranian owned may be violating US trade sanctions, allowing Americans to...
With the exponential growth of cryptocurrencies in MENA, both industry heavyweights Binance and Kraken have gained virtual asset trading licenses for the MENA region via Abu Dhabi Global Market (ADGM) allowing both trading firms license to operate as broker-dealer of virtual assets in the region.
Binance has big plans for...
BitOasis, the popular Dubai-based crypto exchange platform has managed to raise about $30M in a Series B funding round. The funding round was co-led by the Middle East region’s leading startup ecosystem enabler Wamda and US-based VC Jump Capital. The funding round was also joined by several new investors....
It was announced that the Central Bank of Bahrain (CBB) is working together with J.P. Morgan and Bank ABC to present an ongoing cross-line transaction arrangement in advanced cash repayment pilot methods. Bank ABC alongside J.P. Morgan will guide the moving of assets from and to the Kingdom of...
Dubai police have strategically teamed up with crypto trading platforms to help investors and traders to keep away from crypto fraud that has been happening a lot recently.
“We have been working with key policymakers to help them build regulation that will make crypto safe for investors. The string of...
