Future Blockchain Summit united regional and international blockchain sector players

    The Middle East, regional, and international fintech and blockchain providers attended the 4th edition of Future Blockchain Summit and the inaugural Fintech Surge, proving the importance of the events in charting the future for fast-moving digital economies with local, regional, and international sector players. GITEX Global x Ai Everything, the world’s largest technology showcase this…

    Bitcoin hit an all-time high of above $66,000 after landmark US ETF launch

    Wednesday Bitcoin hit a new all-time high as investors acclaimed the successful launch of the first US Bitcoin futures exchange-traded fund (ETF). According to Coin Metrics, the world’s largest cryptocurrency surged 4%, passing the $66,900 level, topping a previous record of $64,899 set in mid-April. However, JPMorgan strategists believe the key driver behind the price…

    Bad times for stablecoins

    Once again, our prediction comes true: financial regulators have rapidly increased the pressure on stablecoins. More so than cryptocurrencies in general, they view them as the main competitor to fiat money today. On September 20, speaking to a Washington Post columnist (https://www.washingtonpost.com/washington-post-live/2021/09/21/path-forward-cryptocurrency-with-gary-gensler-us-securities-exchange- commission-chair /), chair of the US Securities and Exchange Commission (SEC) Gary Gensler…

    NFT gaming proposition in question as regulators and traditional gaming pullback

    The NFT gaming market is growing by leaps and bounds as gaming regulatory bodies and traditional gaming corporations shun the ecosystem, writes Anirudh Tiwari on Cointelegraph. The gaming industry is a multi-billionaire dollar market traditionally dominated by giant corporations like Atari, Sony, Microsoft, and Nintendo, among others. Throughout their history, these major firms have aimed…

    Future Blockchain Summit: Hoo makes Middle East debut in Dubai

    October 17 at the Dubai World Trade Center, Hoo Global, the world’s leading blockchain assets service platform, made its maiden appearance at the Future Blockchain Summit, headlined by world-renowned tech giants, such as Amazon, Google, Microsoft, and IBM. Founded in 2018 and after three years of development, Hoo Group’s business offering entails the entire blockchain…

    Future Blockchain Summit: Progress’s coming but slowly – CZ, Binance CEO

    Changpeng Zhao (CZ), Binance CEO, became a speaker at Day 2 of the Future Blockchain Summit in Dubai. By his words, progress will come in the blockchain world, but it will come slowly. When regulators fully embrace all things crypto, the industry will reach a tipping point, CZ predicts. Speaking at the Future Blockchain Summit,…

    Block Gemini: UAE is at the top of the blockchain enterprise and regulation space

    Please tell us about your company, you’ve been on the market since 2017, its entire lifetime in the crypto world? I was blessed and very lucky to be an early investor in bitcoin. In fact, I didn’t know I was investing in something. I just sort of got dragged into it. And to be honest,…

    Future Blockchain Summit: Crypto sector requires ‘ethical growth’

    The 4th Future Blockchain Summit and the inaugural edition of Fintech Surge got underway as part of GITEX Global, the world’s largest technology showcase of the year, at Dubai World Trade Centre. At the event, the Executive Chairman of Hyper Optimum Organisation (HOO) highlights the need for Blockchain evolution in the MENA region, while UAE’s…

    Jack Dorsey says Square to create a clean-energy, open-source Bitcoin mining system

    Jack Dorsey wants to build a single system that can improve accessibility to Bitcoin mining and further decentralize the BTC network. According to Twitter and Square CEO, his new Bitcoin mining system would be ‘more decentralized’ and accessible to individuals and businesses around the world. Dorsey revealed his intentions in a series of tweets posted…

    Michael Bentley, Euler: “We can’t just take the regulations from the old system and apply them to DeFi”

    What is the proper pronunciation the name of the project?   My belief is that the correct pronunciation is “Oiler”. Most people say “U-ler” when they say this. The name comes from a famous Swiss mathematician, and he did a lot of study on the compound interest rate formula. And from the compound interest rate…