How much of a threat does Bitcoin pose to the environment? Bitcoin’s carbon footprint

Some Tesla investors, along with environmentalists, have been increasingly critical about the way bitcoin is “mined” using vast amounts of electricity generated with fossil fuels. Musk said on Wednesday he backed that concern, especially the use of “coal, which has the worst emissions of any fuel.” So how dirty is the virtual currency? Power hungry…

“Crypto Queen” Ruja Ignatova allegedly owns 230,000 bitcoins, Onecoin lawsuit

Ruja Ignatova of OneCOIN allegedly owns 230,000 bitcoins, worth more than $ 11 billion. Known as “The Crypto Queen”, she received bitcoins from a member of the royal family of the Emirates in Dubai, according to documents filed by victims of the Onecoin scheme Onecoin’s Cryptoqueen May Have $11 Billion in Bitcoin Onecoin’s Ruja Ignatova…

“Crypto-Artist” in UAE: The first one to sell her work as NFT

We speak to a Dubai-based digital artist and graphic designer, Gigi Gorlova, who recently sold her 3D artwork as NFTs, becoming one of the first digital designers in the UAE to become a crypto-verified artist. A graphic designer by profession, Gigi has over 12 years of experience, making digital graphics for a wealth of organizations…

Announcement about creation of a New Australian Sharia-Driven DeFi Platform for Islamic Finance

A team based out of Sydney, Australia is building what it claims is the world’s first “Shariah-guided” decentralized finance platform to navigate a course between the advantages of DeFi and the beliefs of Islamic finance. The Marhaba Decentralized Financial Platform — Marhaba translates to “welcome” in Arabic — is expected to launch in the coming…

Musk’s tweets: DOGE’s rise and bitcoin’s slump

The influence of Elon Mask’s tweets on cryptocurrency, why mining Bitcoin is dangerous for the environment and what is happening with DOGE Bitcoin was pinned near its lowest in more than two months on Friday and headed for its worst week since February, while dogecoin leapt by a fifth as tweets from Tesla boss Elon…

Crypto-Business: Dina Sam’an Founder of CoinMENA

Dina Saman tells about CoinMENA’s concept, cryptocurrency trading, expansion plans, gives an overview of operations and tells how she got involved with crypto. CoinMENA is a fully-regulated, onshore, and Sharia-compliant crypto assets exchange What is the concept behind Coinmena? Within the Middle East and North Africa, there is a growing appetite from both retail and…