MBC Group partners with BitOasis to push crypto education across MENA

MBC Group has signed a strategic partnership with the region’s largest crypto-asset exchange BitOasis to drive customer awareness and adoption using MBC Group’s TV channels and digital platforms. “We’re witnessing the fast speed at which our region is embracing and adopting the blockchain and Web 3 technologies,” Fadel Zahreddine, group director of emerging media at…

Dubai hotel now allows crypto payment via Binance’s gateway

Following Binance’s launch of a crypto-to-crypto payment gateway for hotels, the Manor by JA, located at Al Furjan, will allow guests to pay using cryptocurrency, according to a statement. Now, the gateway is accessible through The Manor’s official website with strict security measures to protect customers. Payments are facilitated by cryptocurrency exchange Binance. The crypto-to-crypto…

Crypto firms join forces to launch scam reporting platform ‘Chainabuse’

Binance, Circle, and some other prominent crypto firms have launched a crypto scam reporting platform. The tool “empowers anyone in the crypto economy to warn others about scams, hacks or other fraudulent activity as they encounter it.” Crypto firms have joined forces and launched a new, multi-chain scam reporting platform. TRM Labs, Binance.us, Circle, Solana…

Play-to-earn NFT games are the most popular in India, Hong Kong, and the UAE

India, Hong Kong, and the UAE are the top three locations where play-to-earn games are most popular. In a recent study, Finder estimated that 34% of the Indian respondents had played play-to-earn (P2E) games, Hong Kong ranked second with 29%, while the UAE held the third position with 27%. According to Finder’s NFT Gaming Adoption…

JPMorgan: Bitcoin is now 28% below its ‘fair price’

JPMorgan Chase & Co., an American multinational investment bank, believes that the world’s biggest cryptocurrency, Bitcoin, is 28% below its “fair price,” implying signs of “significant upside from here.” Bitcoin has also replaced real estate as one of JPMorgan’s preferred “alternative assets.” According to a note released on May 25, JPMorgan believes that cryptocurrencies like…

Crypto Trends Weekly May 21 – 27

Breaking crypto news from the last week (May 21 – 27, 2022): May 21: The world’s most popular NFT marketplace OpenSea has unveiled a new Web3 protocol, Seaport, that allows anyone to set up new and decentralized NFT marketplaces. As per some members of the community, the protocol could become the “Uniswap moment” of NFTs….