Dubai Economy has signed an agreement with leading licensing authorities, such as Dubai Silicon Oasis Authority, Dubai Multi-Commodities Center, and Dubai Airport Free Zone Authority, to participate in the Know Your Customer Blockchain Platform through the Unified Business Registry Platform. It will facilitate faster and more secure customer onboarding and allow sharing of verified e-KYC…

There are currently several countries developing state digital currencies for cross-border settlements. And chances are, they will arrive even before the typical “in-country” CDBCs. While market turbulence is throwing prices of cryptocurrencies and DeFi assets up and down, central banks of different countries move forward with creating their own central bank digital currencies (CDBCs) with…

According to a Chainalysis report, Central, Northern, and Western Europe (CNWE) have become the world’s biggest crypto economy. Over the last year, the region has received over $1 trillion worth of cryptocurrency, reaching 25% of all global activity. The tremendous growth that started in July 2020 pushed Europe from second to first place since last…

The world’s most prominent digital currency may experience sharp volatility over the next few months, according to a proprietary model created by technical analyst Jack F. Cahn, writes Charles Bovaird on Forbes. Technical Event Model (TEM), which he developed in-house and measures extremes in sentiment, is a price-based macro filter that helps algorithmic trading programs…

Input Output recently announced that it would leverage Chainlink’s decentralized oracles to make it easier for developers to access real-world databases, paving the way to build DeFi applications on Cardano’s blockchain. Although sentiment surrounding the partnership has been positive, the native tokens for both projects have failed to react. Input Output Hong Kong (IOHK), the…

A girl, who became an internet star when a photo of her went viral, has sold the meme as a non-fungible token (NFT) for more than $74,000. Back in 2013, Chloe and her sister were filmed by their mother as she told them they were going to Disneyland. The video has been watched more than…

While the world speculates on which cryptocurrencies to invest in, a hamster in Germany named “Mr. Goxx” has been trading various crypto since June and has been outperforming Warren Buffet, Bitcoin, and the S&P 500. According to Mr. Goxx’s Twitter, the hamster’s portfolio is up over 20% in that time and involves real money and…

Quantum clouds are gathering on the horizon for the crypto industry, writes Emma Newbery on a Motley Fool. There’s a technological race going on: blockchain vs. quantum computing. Theoretically, major leaps in quantum computing could undermine the whole cryptocurrency industry – just as that nascent blockchain technology is entering the mainstream. But crypto experts are…

Under the Patronage of The Private Office of His Highness Sheikh Ahmed Bin Faisal Al Qassimi, the 19th global edition of World Blockchain Summit will bring together some of the world’s leading crypto influencers, policymakers, key government delegates, media, family offices, HNIs and other curated investors among others to foster the crypto and blockchain community…

Cryptocurrency exchanges have begun cutting links with customers in China after Beijing declared more activities related to digital coins “illegal” last week, in its latest broadside against the virtual currency industry. Huobi, one of these exchanges, said on Sunday that it would end account registrations for new mainland Chinese users. The company will also gradually…