Crypto adoption in the Middle East first comes from citizens of unstable countries
    19 Aug 2021
    500 Views

    The next wave of crypto adoption in the Middle East is likely to come from citizens in unstable countries facing crucial inflation like Iran and Lebanon. While some countries continue to restrict crypto trading and mining, digital transformation in the Middle East has proceeded at a rapid pace. Nimrod Lehavi, the founder of Simplex and…

    The new crypto course helps students in the UAE understand the digital economy
    19 Aug 2021
    482 Views

    Launched in the UAE, the 6-part online course in crypto aims to help young students understand the power of the crypto market, Khaleej Times reported. The program covers subjects from the history of money to how to create one’s own non-fungible token. Carfax Education, a UAE-based global education group, has created an innovative course for…

    From stablecoin to a bank: perhaps, the greatest challenge of 2021. Part 1
    19 Aug 2021
    424 Views

    The Circle company, known as the issuer of the USDC stablecoin, is set to become a US national commercial bank – a digital bank that combines crypto and fiat payments. This is yet another way the cryptocurrency industry is invading traditional banking. We have only just written about how crypto exchanges are becoming competitors of…

    NFT marketplace OpenSea tops $1 billion trading volume in August, surging 8X since March peak
    18 Aug 2021
    544 Views

    Non-fungible tokens (NFTs) trading is soaring to 8x multiples of the levels seen this March when the NFT frenzy burst into mainstream media with sound headlines, as art dealers were excited. Digital collectibles mania seems to be back as the NFT flagship marketplace prints new records, according to the trading volumes on the OpenSea platform….

    The Tether controversy explained
    18 Aug 2021
    626 Views

    How stable are stablecoins? — asks Elizabeth Lopatto in a study for The Verge. What if a digital currency wipeout could injure — or even destroy — the entire cryptocurrency ecosystem? Lately, there’s been a focus on stablecoins, the quiet power players of the cryptocurrency space. Questions about stablecoins, particularly one called Tether, have been…

    Gennadiy Cholovenko: “Binance is gradually becoming a direct competitor to the banking system”
    18 Aug 2021
    687 Views

    Today we are publishing an interview in which the expert expresses his views on why regulators in various countries across the globe have declared an all-out war on the largest crypto exchange in the market, Binance. We have recently written about how ever since the beginning of this year, Binance has come under attack from…