Believing in something is human nature. But in the modern, multifaceted and information-saturated world we sometimes choose very odd objects of worship. So it should probably come as no surprise that for a growing number of people such an object is… Bitcoin. Let’s take a closer look at this phenomenon. Have you ever watched a…

South Korea’s Ministry has reportedly offered $186.7 million to build a comprehensive metaverse ecosystem. By 2026, South Korea’s government wants to create the fifth-largest metaverse market in the world. This money would be utilized to assist the impactful expansion of digital content as well as business growth across the country. South Korea will spend at…

Decentralized exchanges, one of the largest contributors to DeFi growth, reported more than $1 trillion in trade volume over the last year. Many DeFi projects look towards the Gulf countries as a decentralized finance hub. One of the biggest contributors to the recent exponential growth of the crypto market was the decentralized finance (DeFi) sector,…

The latest Bitcoin’s 15% price surge in the 24 hours became its largest one in over a year. The world’s largest cryptocurrency soared by more than $6,000 since Monday to above $44,000 resulting in over $300 million worth of liquidations. According to data from CoinGlass, crypto liquidations over a 24-hour period exceeded $325 million at…

Dexorca Exchange, the world’s first hybrid, decentralized exchange, will hold the 1st Arab Blockchain Summit (ABS) on May 28 at Burj Khalifa, Dubai. The event will host the programs such as networking, technology MOUs, and conferences in the related industries that reflect the needs of the Middle East virtual assets market, which has recently grown…

Binance, a global cryptocurrency exchange, on Sunday announced a $10 million donation to help the humanitarian crisis in Ukraine. This is by far the largest amount donated by the crypto industry. Previously, Changpeng Zhao, CEO of Binance, said it included ground logistics, food, fuel, supplies, refugees, places to stay, visas, and more. Binance, the world’s…