US Treasury reportedly to give SEC oversight on stablecoins

    The US Treasury Department is reportedly allowing the US Securities & Exchange Commission (SEC) to take the lead in regulating stablecoins, including Tether and USD Coin. A highly anticipated report expected to be published later this week will state that the SEC will have significant authority over stablecoins. A few people familiar with the matter…

    Shiba Inu makes 50% jump to record, becoming 11th-biggest crypto coin

    Shiba Inu is gradually taking center stage among other memecoins. SHIB was up 50% in the 24 hours on Sunday and reached a record earlier in the day, becoming the 11th-biggest cryptocurrency by market value. The speculations, media, and buzz surrounding crypto is adding to its surge. Shiba Inu (SHIB), the self-proclaimed Dogecoin killer, tapped…

    Future Blockchain Summit: Metahero opens the gateway to the 3D metaverse

    Metahero announced at the 4th edition of the Future Blockchain Summit at Dubai World Trade Centre (DWTC) the global launch of its v3 Metascanner, a cutting-edge technology cited as the world’s most advanced 3D scanner. The technology opens the potential gateway to the metaverse, an expansive network of persistent, real-time rendered 3D worlds and simulations….

    Future Blockchain Summit: CoinMENA with DWTC set up crypto hub in Dubai

    Dubai World Trade Centre Free Zone and CNMENA Holding BVI, the parent company of CoinMENA, have signed a memorandum of understanding to develop a crypto asset and blockchain hub at Dubai World Trade Centre (DWTC). The MoU was signed during Day 1 of the Future Blockchain Summit at GITEX Global 2021. The two bodies intend…

    Worldcoin: Eye-scanning cryptocurrency launches with $1 billion valuation

    OpenAI CEO and former Y Combinator President Sam Altman has announced Worldcoin, a project designed to equitably distribute free cryptocurrency to as many people as possible. Obtaining that crypto, however, involves a discomforting concession – an iris scan, which has raised privacy concerns amongst critics. According to Global Findex, over 31% of the global population…

    Future Blockchain Summit: Aqarchain.io launches first decentralized real estate NFT marketplace

    Aqarchain showcases the first global blockchain platform offering fractionalized NFTs. Its flagship product is a real estate crowdfunding investment platform. Aqarchain.io, a leader in Prop-tech, FinTech real estate, and hybrid real estate investment, has showcased the first global blockchain-powered real estate crowdfunding marketplace, where investing in real estate is as easy as investing in shares…