Morgan Stanley sees risks for the NFT market
    17 May 2022
    52 Views

    Following the latest decline in the crypto market, Morgan Stanley warns investors in other digital assets about the risks of a fall. However, experts suggest that the fortunes of NFTs now depend on around “blue-chip” NFT collections, like CryptoPunks and Yuga Labs’ Otherside. According to last week’s report, the steep declines of Bitcoin, Ether, and…

    Abu Dhabi’s Dhahab Sports announces IDO of its utility tokens
    17 May 2022
    52 Views

    Dhahab Sports Management, a sports agency headquartered in Rio de Janeiro and Abu Dhabi, UAE and focused on career management of high-performance soccer talents, announced an IDO to distribute its fan tokens Dhahab Sports (DHS). The project also appointed Marcus Assunção, a former professional soccer player, as the brand ambassador and has plans to issue…

    BitOasis executive: Crypto asset deals in Saudi Arabia top $20 billion in 2021
    17 May 2022
    62 Views

    Ali Alobaid, the managing director of trading platform BitOasis in Saudi Arabia, expects cryptocurrency use in the MENA region to grow fast over the next few years. He said the value of virtual asset transactions in the Kingdom was worth around $20 billion, with over 800,000 Saudis using digital currencies last year. This year, Ali…