Author: Crypto Insider

BitOasis, a Middle East-focused crypto exchange based in the UAE, has received provisional approval from Dubai’s new crypto regulator (VARA), while the UAE pushes to become a global hub for the virtual asset sector. Earlier this month, Dubai enacted its first law governing digital assets, establishing the Virtual Asset Regulatory Authority (VARA) to oversee the…

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…

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…

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…

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…

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…