Iran announced yesterday it would ban all cryptocurrency mining for a period of 4 months to bring order in a fragile electric grid during peaks of summer heat causing hours of blackouts all over the country. This ban will be in effect until 22 September 2021.
2GW of electricity was...
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...
Unique Finance is the latest scam taking Iran by storm, taking advantage of economic difficulties in Iran and the desire of the youth to make quick gains having seen previous scams like the BRG token by Sina Estavi, Nima Tabari Fard, has come up with UNQT, Unique Finance Token...
Binance, a global leader in cryptocurrency exchanges, today announced the launch of Sharia Earn, an innovative new product designed to offer crypto staking options that strictly adhere to Islamic finance principles. This move marks a significant step toward integrating the vast $4 trillion Islamic finance market with the burgeoning...
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...
The cryptocurrency market is buzzing after the unexpected announcement that the upcoming Truth Social ETF will allocate a surprising 5% of its holdings to Crypto.com's CRO token, dwarfing its 2% allocation to XRP. This bold move comes with a direct endorsement from Donald Trump, who reportedly stated, "I like...
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....
Dubai's real estate consultancy firm Arms and McGregor International Realty has joined forces up with Slovenian-based Blocksquare to assemble the MENA's first tokenization platform, making it ready for exchanging, possessing, and selling property resources through exchanging advanced tokens. Arms and McGregor is yearning about the capability of the platform,...
It's been recently announced in Morocco that cryptocurrencies are restricted. But that didn't stop the soaring of purchases of shared bitcoin exchanging platform LocalBitcoins. Ironically, they are actually announcing record-breaking exchanging highs this year despite the bans on cryptocurrency.
Back in February this year, was the best month for this...
In a statement, Keytom announced; "a new era of financial management by organizing all digital assets in one convenient location." They launched a neobank focusing on businesses in the traditional fiat and cryptocurrency.
Keytom statement:
"At its core, the company champions financial empowerment, positioning itself as the 'one bank for all...
