Crypto-news

The Securities Commission of the Bahamas has been holding on to more than $3.5 billion worth of FTX customer assets since Nov. 12, according to a statement from the regulator released late on Dec. 29. Customer assets were drained from FTX due to a security breach after the crypto exchange filed for bankruptcy protection on…

German car manufacturer BMW will be rolling out blockchain technology for its day-to-day operations and loyalty programs, with the initial roll of the product to customers in Thailand. Coinweb, the contractor, will utilize multiple blockchains, with the BNB chain as the anchor chain. BMW will integrate decentralized tech in two phases – first, in its…

Top crypto news from the Middle East region over the last week (Dec. 24–30, 2022): Abu Dhabi backs tech in aim to become global business hub Abu Dhabi Finance Week showcased the ambitions of the capital city of the United Arab Emirates to become a global business hub. Having previously run as a conference dedicated…

Binance, the world’s largest crypto exchange, has added support for popular payment platforms Apple Pay and Google Pay. This move is set to boost the adoption of cryptocurrencies amid the crypto winter. Users can now buy crypto on Binance and pay through popular payment services. Binance, a popular crypto exchange platform, has added support for…

Most of the top NFT sales this year are from Yuga Labs collections. Sales of NFTs with rare traits have meant there are some outliers, but most purchases were made toward the beginning of the year, notes Callan Quinn on The Block. It’s been a tough year for NFTs. Things started well. January this year…

The Chinese government is making efforts to boost the adoption of CBDCs in the country. Recently, China launched its digital yuan, called e-CNY. To boost its adoption among its citizens, China added a new feature of sending money in electronic ‘red packets’ that cover displaying traditional wishes for special occasions like birthdays, the New Year,…