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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.

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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...
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Despite the fact that Crypto.com was given a license by VARA in Dubai to conduct operations in the Middle East and often touted as a user-friendly gateway to the world of cryptocurrency, Crypto.com is increasingly facing a barrage of negative reviews, with a recurring theme of dismal customer service,...
Dubai police
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...
Riyadh
Over the past few years, the Middle East has become one of the global hubs of cryptocurrency adoption. Some countries in the Gulf Area have taken a strong stance in promoting the use of digital assets and blockchain innovation. However, not all governments in the region are equally welcoming...
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...
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...
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The KSA based blockchain startup IR4LAB has managed to raise about $1.5M in an investment fund round. The round was led by Wa’ed which is the entrepreneurship arm of Aramco. IR4LAB was founded back in 2017 and they’ve been offering access to corporations to root out resumes and professional...
Kris Marszalek
A new ~$2.7 billion partnership between Donald Trump's media empire, Trump Media & Technology Group (TMTG), and cryptocurrency giant Crypto.com, spearheaded by its controversial CEO Kris Marszalek, is igniting a firestorm of criticism from financial watchdogs. Concerns are mounting over Marszalek's checkered business history and the potential for serious...
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...
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Aramco, the popular lead oil company from Saudi is investing some serious money with a goal to become the lead digitalized energy company in the world. They’re focused on leveraging and improving innovative technologies to help them increase their efficiency, sustainability, and safety. Aramco is aimed at using blockchain to...