Dubai’s Theatre of Digital Art holds an international exhibition and NFT sales

    The Theatre of Digital Art and Generative Gallery has organized an exhibition of immersive digital art of seven modern artists around the world in Dubai. The event, held till February 2022, is featured by non-fungible tokens (NFTs) exposition and sales. In Dubai, the Theatre of Digital Art (ToDA) and Generative Gallery is organizing a multi-dimensional…

    Morgan Stanley increases GBTC investment, but cheaper ETFs could compete

    Morgan Stanley continues to increase its exposure to Bitcoin and has bought a considerable amount of GBTC shares for totals of about $303 million. However, the $36 billion trust feels the push from cheaper ETFs. The FT found GBTC trades at a 15% discount on the value of its underlying assets. Banking giant Morgan Stanley…

    Binance CEO buys his home in Dubai, hinting where Binance’s headquarters will be

    The CEO and founder of Binance, Changpeng “CZ” Zhao, recently revealed he bought his first home last month in Dubai, a city he describes as “very pro-crypto.” He also confirmed that Binance has decided on a location for its global headquarters. New property in Dubai may have hinted where Binance’s headquarters will be located. Zhao…

    No pension. No savings. No future. No wonder we’re betting the house on crypto

    We need a way out. We need a way up. That’s why I – and so many others – have jumped into cryptocurrency with both feet, says Rohit Thawani on The Guardian. I must begin this article by stating that the information I’m providing is not financial advice. I think I legally have to say…

    UAE issues the region’s first NFT stamps celebrating 50th National Day

    Emirates Post Group (EPG) announced on November 28 the first in the region issuance of non-fungible token (NFT) stamps in commemoration of the UAE National Day 2021. Each of the four NFT stamps carries a distinct design centered on the UAE national theme. The set of four different NFT stamps will be released on December…

    Starknet Alpha Takes a Leap into the Ethereum Mainnet Realm

    The Starknet Alpha project has transitioned from several months of operation on the public testnet to the Ethereum mainnet, exceeding the initial schedule. The development progressed successfully during its time on the testnet, with regular updates introducing new features. Starknet Alpha is a Layer-2 scaling solution for Ethereum, built on ZK-Rollup technology. This technology leverages…

    The first Bitcoin ETF and the market: lovers to nemeses?

    The US Securities and Exchange Commission (SEC) has approved the launch of the Bitcoin Strategy ETF. The exchange-traded fund (ETF) buys cryptocurrency (in this case, bitcoin), and sells shares to stock exchange investors. The first U.S. exchange-traded bitcoin fund has been listed on the New York Stock Exchange since October 19. Investors now have access…

    Crypto Trends Weekly Nov. 20 – 26

    Breaking crypto news from the last week (Nov. 20 – 26, 2021): Nov. 20: One of the world’s leading crypto exchanges, Gemini, has secured $400 million in a recent investment round led by Morgan Creek Capital. The funding round values the company at $7.1 billion. Gemini also plans to invest heavily in alternative metaverse proposals….

    Sweden calls the EU to ban crypto mining over environmental and criminal risks

    Swedish financial and environmental authorities have called for a wide ban on cryptocurrency mining in European Union (EU), saying that the environmental risks are significant and that crypto-assets are commonly used for criminal purposes, such as money laundering, terrorist financing, and ransomware payments. They also cited India’s and the US’s preparations to fix the unregulated…

    Most crypto trades might be ‘wash trading’ manipulations – the study says

    A new analysis has found that up to 70% of cryptocurrency trades on the world’s most popular exchanges may be people buying from themselves. It is a form of market manipulation on unregulated crypto exchanges to inflate prices artificially. A study of 29 cryptocurrency exchanges – including Coinbase, Gemini, Binance, Bittrex, Huobi, and many others…