The Middle East nation includes metaverse to merge play and prospects with prosperity that lasts, writes Iona Stanley on Gulf News Focus. Sustainability seeks to improve our lives on earth — from the air we breathe and the food we eat, to overcoming the perils of climate change. Meanwhile, the metaverse promises an escape from…

Top crypto news from the Middle East region over the last week (Nov. 25 – Dec. 1, 2022): OasisX: The Middle East going through a digital renaissance OasisX, the nascent curated multichain non-fungible token marketplace, aims to drive the adoption of NFTs in the MENA region and embrace Web3 in several ways integrating NFTs, blockchain,…

CME derivatives marketplace and cryptocurrency index provider CF Benchmarks announced they will introduce this month reference rates and real-time indices for AAVE, curve (CRV), and Aynthetix (SNX), they said on Dec. 1. Initially, pricing will come from a group of six crypto exchanges. The new rates will be calculated and published starting Dec. 19 and…

Crypto exchange Coinbase has disabled NFT transfers on its iOS wallet app because of a dispute with Apple over the company’s in-app purchase policy. The exchange said Apple is demanding it pay a 30% tax on gas fees used to transfer NFTs. Crypto exchange Coinbase announced that users can no longer transfer NFTs using Coinbase’s…

Brazil’s Congress passed a bill that would regulate the use of cryptocurrency as a means of payment throughout the country, potentially providing a boost toward the adoption of digital assets in the South American nation. The bill still requires the approval of the executive branch before it becomes law. On Nov. 30, Brazil’s Chamber of…

Crypto exchanges Huobi and Poloniex announced a strategic partnership. Reports of a planned merger of the two exchanges first emerged and were denied by Huobi last week. On Nov. 30, crypto exchange Huobi said it will form a “strategic partnership” with Poloniex, a week after denying rumors that the two firms were planning to merge….

Uniswap Labs, the developer of the decentralized exchange protocol Uniswap, is starting a new NFT marketplace, aiming to break the barrier between crypto exchanges and NFT markets. Uniswap is also airdropping $5 million to early Genie adopters. Uniswap, one of the most popular DeFi protocols, wants to foray into the NFT sector with its own…

Blockchain gaming group Animoca Brands plans to launch a fund of up to $2 billion to invest in metaverse startups in the mid and late stage, the company’s co-founder and CEO Yat Siu said. The fund aims to strategic investments in Web3 ecosystem development rather than pursuing financial returns. Animoca Brands CEO, Yat Siu, said…

BNB Chain, the world’s largest smart contract blockchain in terms of daily active users, said its NFTs will be available for sale on the OpenSea core marketplace. The integration with OpenSea will enable BNB Chain support for NFT creators. BNB Chain will be launched on OpenSea’s Seaport Protocol by the end of the year, allowing…

Coinbase Wallet will no longer support the native tokens associated with Bitcoin Cash (BCH), Ethereum Classic (ETC), Ripple’s XRP Ledger (XRP), and Stellar (XLM), starting Dec.5, citing “low usage” as its reason for no longer supporting those tokens. According to a Nov. 29 notice on the crypto exchange’s website, Coinbase said its wallet will no…