A comprehensive digital transformation of the financial sector in Bahrain includes rolling out a Digital Dinar but does not adopt the crypto sector. The head of the Central Bank of Bahrain (CBB) warned against cyber-crime and dealing with cryptocurrency, speaking during the press conference on Saturday. Plans of digital transformation of Bahrain’s financial sector include…
A few months ago, El Salvador became the first country in the world to accept bitcoin as a legal tender. Everyone understood at the time that it would be a kind of experiment to show all the pros and cons of such a “financial revolution” in practice. Today, we can take a look at the…
Hackers have taken $196 million from crypto trading platform Bitmart, a security firm said Saturday. As a result, Bitmart temporarily suspended all withdrawals until further notice and said a thorough security review was underway. The hack follows the recent steal of $120 million in crypto from DeFi platform BadgerDAO. According to NBC News, Bitmart confirmed…
A to Z Globe, the all-in-one crypto exchange, announced its launch to buy and sell Bitcoin and many other cryptocurrencies in Dubai to facilitate crypto trading for cash. A to Z Globe is a Dubai-based OTC crypto exchange store to buy and sell Bitcoin and over 2000 other cryptocurrencies for cash. It is a well-known…
Terraform Labs’ LUNA is becoming rapidly one of the crypto market’s best performers, having gained around 80% in value in the last week, upping bigger than either Shiba Inu or Avalanche. An upcoming network upgrade has driven its surge. In addition, JPMorgan’s expert said that terra’s stablecoin mechanism is suitable for cross-border payments. The gains…
…was unexpectedly taken by Mastercard, which announced the integration of cryptocurrency payments. Mastercard partners, including merchants and banks, will be authorized to add support for digital assets to their products. The company customers will be able to buy, sell and store cryptocurrencies. The news, though long-awaited, still came as a surprise. Mastercard is getting ready…