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Crypto

Crypto is a broad term referring to cryptography currencies dominated by Bitcoin and Ethereum. Articles relating to Middle East & North Africa cryptocurrencies, blockchain, DeFi, dWeb, NFTs, dApps, tokens, exchanges and service providers with relations to MENA will be covered here.

Nima Tabari Fard
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...
Sina Estavi arrested in Iran
Sina Estavi, CEO of Bridge Oracle (BRG token), owner of Cryptoland, one of Iran's largest cryptocurrency exchange platforms, and admin of hundreds of Telegram and Instagram pages the most popular Best of Persian with over 2 million followers was reportedly arrested on 17th May for crimes of economic corruption...
İşbank logo
It was announced back on May 27 that the private loan specialist IÅŸbank turned into the main Turkish bank to offer secure transactions in foreign exchanges via blockchain innovation. As per what the bank stated on this move, the exchange, wherein Turkish glass manufacturer ÅžiÅŸecam, German-based chemical organization Kuraray...
crypto.com dubai
The recent high-profile partnership between the Dubai Department of Finance (DOF) and cryptocurrency exchange Crypto.com, touted as a significant leap towards Dubai's "Cashless Strategy," is raising eyebrows among financial experts and consumer advocates. While Dubai champions itself as a global hub for financial innovation, the decision to entrust a...
metaverse
Metaverse can be defined as a collective virtual shared space created by converging multiple virtual reality environments, augmented reality overlays, the internet, and other digital platforms. It is a persistent, immersive, and interactive virtual world where you can socialize, work, play, and create. Essentially, the metaverse is a digital...
UAE crypto
As of now, the crypto trading adoption in the Middle East is higher than it has ever been before and that’s not all. And right now, the regulatory system is in its process to support crypto-related financial services and it’s growing day by day. Very recently, the UAE’s Securities and...
Binance and Kraken
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...
Bitcoin bubble
It’s been already established among the crypto fans that bitcoins are the new hot investment trends that will stick to the economy. But unfortunately, professional investors think otherwise and completely opposite referencing from the BofA survey and that’s not all. The survey was pretty solid and among those surveyed in...
Pravica website
Pravica, the Cairo-based blockchain startup that they’ve successfully managed to raise an undisclosed direct investment from the leading Swiss venture capital firm and incubator which are popular for specializing in global blockchain business investments, Crypto Valley Venture Capital (CV VC). Pravica has been providing blockchain technology to offer better online...
Bahrain central bank
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...