Top investment deals across the crypto sector over the last week (Nov. 5–11, 2022): Japanese mobile operator NTT Docomo plans up to $4 billion in Web3 investments Japanese mobile operator NTT Docomo plans to invest up to ¥600 billion ($4.1 billion) over several years to focus on web3 technology, the company said in its second-quarter…
Top crypto news from the Middle East region over the last week (Nov. 4 –10, 2022): Middle East, Asia, and Africa blockchain association launches in Abu Dhabi A new blockchain, the cryptocurrency-focused association has been established within Abu Dhabi’s free economic zone, with the goal of advancing the development of blockchain and cryptocurrency ecosystems throughout…
Over $400 million outflow crypto exchange FTX and Alameda wallets on Nov. 11. FTX confirmed that there was “unauthorized access” to crypto it is holding following a reported hack. However, Reuters reported that FTX CEO Sam Bankman-Fried built a “backdoor” to his exchange in an effort to change financial records and move funds. Crypto exchange…