Hazam (HZM), the Arabic cryptocurrency project from Bahrain, has signed a strategic partnership with ChicMic, one of India’s leading software development companies, to launch its own metaverse world and Web3-based communication applications. HZM, one of the first Arab cryptocurrencies founded by Bahrainis, partnered with ChicMic to be its technological arm. ChicMic will oversee the completion,…

Digital asset brokerage Voyager Digital said Friday that it is pausing all customer trading, deposits, and withdrawals. The crypto company claimed it had been affected by the liquidation of Three Arrows Capital. Voyager Digital is suspending trading, deposits, and withdrawals in the latest sign of the deepening crisis in the crypto markets. Voyager said the…

Breaking crypto news from the last week (June 25 – July 1, 2022): June 25: Months after getting exploited in one of the largest crypto-related hacks, the team behind Ronin announced the restart. Axie Infinity’s Ronin sidechain is expected to be relaunched next week after the $625 million exploit, ‘with all user funds returned.’ June…

The UAE, Japan, and Singapore have emerged as the trendsetters in regulating the crypto market effectively, top European academic Guy Burton said, citing The Dubai Financial Services Authority explicitly included a crypto regulatory framework in its 2021 business plan. Guy Burton, an Adjunct Professor at the Brussels School of Governance, where he teaches politics and…