Dubai-based technology company ColossalBit, focusing on non-fungible tokens (NFTs), has purchased the NFT of the ST DuPont pen used by football legend Diego Maradona to sign a contract with Napoli in 1984. ColossalBit, a Dubai-based consulting, design, and development company specializing in blockchain, cryptocurrencies, DeFi, and NFTs, made the winning bid for the S.T. DuPont…

The Central Bank of Russia (CBR) has again taken an antagonistic stance against crypto, citing crypto’s inherent volatility and illegal use as a key reason for their conservative position. Sources said the CBR’s current stance on cryptocurrency is one of “complete rejection.” CBR Governor, Elvira Nabiullina, said during Friday’s online press conference that the Bank…

CEO of Abu Dhabi’s Mubadala told CNBC about its fund’s investments in crypto and blockchain ecosystems. As Reuters reported, Abu Dhabi state fund Mubadala has invested in the ecosystem around cryptocurrencies, such as blockchain technology, given the increase in the digital currency’s market value, its CEO Khaldoon al-Mubarak said in an interview on CNBC. “I…