Breaking crypto news from the last week (Dec. 25 – 31, 2021):   Dec. 25: During the 2021 Paris Auction House event, Vodafone sold the world’s first SMS as an NFT for €132,680 (or $149,729). Vodafone proceeded the entire amount for charity to support the UN Refugee Agency (UNHCR).   Dec. 26: Simba Storage, the…

Binance, the world’s biggest crypto exchange, revealed Thursday that it will gain the excess extraordinary shares of Swipe, a prominent crypto Visa card supplier. As a result, users of Binance will obtain the ability to spend their coins in more than 70 million areas worldwide.   On July 6, 2020, Binance initially reported acquiring a…

Simba Storage, the first token in the world released for Satoshi Bitcoin, receives a crypto storage license from DMCC, the UAE’s free economic zone. The project is a partner of TRES OTC DMCC, which received the first cryptocurrency trading license in Dubai. Following in the footsteps of a partner company, Simba Storage, based in Switzerland,…

Iran, for the second time this year, ordered a shutdown of authorized cryptocurrency mining centers as part of efforts to ease the strain on the country’s power plants and avoid blackouts, according to Mostafa Rajabi Mashhadi, director of the state-run Iran Grid Management Co. and a spokesman for Iran’s power industry. This is part of…

Tech billionaire Elon Musk has unveiled the identity of the person who he believes is the mysterious Satoshi Nakamoto, the creator of Bitcoin. Speaking on the Lex Fridman podcast, the entrepreneur said that computer scientist and cryptographer Nick Szabo might have developed the cryptocurrency. Musk said that Szabo’s theories, particularly the term “smart contacts” and…

While 2021 surely saw a few regulatory setbacks, some governments delivered masterclasses in forward-looking crypto regulation. Helen Partz collected some prominent cases on Cointelegraph.   As digital asset prices had been hitting new historical highs in 2021, many jurisdictions were increasingly adopting cryptocurrencies like Bitcoin (BTC) and other crypto-based instruments. In addition to Bitcoin crossing…

iBLOXX Proprietary Trading DMCC, a fintech trading firm based in Dubai, announced last week that they had been granted the License for Proprietary Trading in Crypto Commodities by Dubai Multi Commodities Center. iBLOXX designs AI and Machine Learning algorithms to manage active trading models for various instruments across traditional and crypto commodity markets. “This license…

ColossalBit, Dubai’s crypto consulting, advisory, design, and development company, launches MetaTerrace, a lounge restaurant in the Central Park Towers, Dubai International Financial Centre (DIFC). MetaTerrace is a unique establishment, which is mixing the digital and physical worlds, portraying the principle of the metaverse. Gulf Digital News announced that the launch of the ultra-modern space at…

Bezoge, the community-run, decentralized coin boasting its own play-to-earn GameFi metaverse, sponsored the 12th edition of the Dubai Globe Soccer Awards, the premier football event celebrating the world-leading soccer stars, on December 27. Held annually in Dubai with a TV audience estimated at over 500 million, the Globe Soccer Awards bestow champion footballing heroes heralded…

A meme-coin named after tech billionaire Elon Muk’s dog surged more than 18,000% in value after the Tesla CEO posted a photo of his dog on Twitter. According to CoinMarketCap data, Santa Floki cryptocurrency – named in a Christmas-themed reference to Musk’s Shiba Inu canine, was up in total above 18,000% over the next 48…