Bybit and Crypto.com to open Dubai offices after the new crypto law

    Crypto exchange Bybit announced Monday an opening of its global headquarters in Dubai, while crypto platform Crypto.com said it would establish a regional hub there. These moves drive the UAE drive to become a global center for the crypto sector. “Bybit has received in-principle approval to conduct a full spectrum of virtual assets business in…

    Axie Infinity’s Ronin bridge was hacked for over $625 million

    Ronin Network, an Ethereum-based sidechain created by Axie Infinity developer Sky Mavis to support its popular NFT-based game, was exploited by an unknown hacker and lost roughly $625 million worth of crypto on Tuesday. It may be the largest exploit in DeFi history. The Ronin Network published a blog post explaining how its network was…

    The future of crypto investing and fundraising: Day 3 of Binance Blockchain Week 2022

    How will blockchain change the future of investing? What trends and features awaiting retail crypto investors? What’s the right fundraising model for your project? These topics were highlighted on the closing day of Binance Blockchain Week 2022, which was held in Dubai from 28 to 30 March 2022. The annual Binance Blockchain Week involves the…

    Dubai school to accept Bitcoin and Ethereum fee payments

    Citizen School in Dubai has announced that it will be accepting cryptocurrencies, such as Bitcoin and Ethereum, as payment. The school, which is scheduled to open later in 2022, has become the first in the Middle East to have this option. According to Arabian Business, Citizens School, located in Dubai, will accept tuition payments in…

    $10T asset manager ‘studies’ digital currencies while crypto recoups 2022 losses

    Larry Fink, the chief executive of BlackRock, the world’s largest asset manager with around $10 trillion in assets under management, has said his company is “studying” digital currencies due to growing client demand. Meantime, Bitcoin and other cryptocurrencies continued to rise, while bank analysts suggest the Russian war in Ukraine could create a new world…

    GameFi, NFTs and The Metaverse: Day 2 of Binance Blockchain Week 2022

    How to navigate the NFT and Metaverse world? What are these new technologies? How could they push the industry forward? And how can you participate in this digital future? Day 2 of Binance Blockchain Week was dedicated to a better understanding of the swiftly growing worlds of GameFi, NFTs and metaverses. The annual Binance Blockchain…