Crypto-news

Top crypto news from the Middle East region over the last week (Sept. 24–30, 2022): First metaverse project 2117 launches in the UAE inspired by Dubai ruler’s vision The UAE-based Web3 pioneer BEDU launched the country’s first metaverse project under the name 2117, inspired by the ruler of Dubai Sheikh Mohammed bin Rashid Al-Maktoum’s vision…

BlackRock launched the iShares Blockchain Technology UCITS ETF, as the world’s largest asset manager has been increasingly engaging in the crypto sector. The world’s largest asset manager BlackRock just made another step into the crypto sector, this time launching an ETF with exposure to blockchain and crypto companies for its European customers.  According to a…

Gigantic record label conglomerate Warner Music Group announced on Sept. 29 that it would partner with NFT marketplace OpenSea to accelerate its artists’ expansion into Web3. The first joint project will be an IP-generative ‘NFT Label Pass’ developed by Web3 startup Probably Nothing. According to a statement, the collaboration will grant Warner Music artists early…

Interbank messaging service SWIFT has partnered with Chainlink Labs (LINK) for a cross-chain interoperability proof-of-concept project. The project would connect SWIFT’s network to every blockchain to allow traditional finance players access to digital and traditional assets within the single network. The link-up was announced at an event in New York on Sept. 28. At the…

Christie’s, the British auction giant, launched on Sept. 27 its own dedicated NFT on-chain auction platform,” allowing auctions to be carried out fully on-chain on the Ethereum network. For the launch of the new platform, Christie’s is offering just one exclusive collection from multidisciplinary artist Diana Sinclair. Titled Christie’s 3.0, the new platform was created…

Crypto exchange FTX is reportedly considering bailing out Celsius Network by bidding on the bankrupt lender’s assets. Acquiring the assets of Celsius would imply FTX’s intent to save the lending firm, similar to what FTX US did for Voyager. According to a Bloomberg report, FTX CEO Sam Bankman-Fried is considering the possibility to buy yet…