Privacy protocol Aztec reacts to FTX freezing user accounts

    FTX asks its users to refrain from using the Aztec mixing service in the future since doing so may jeopardize the FTX account. However, Aztec stated that it does not intend to sacrifice user privacy to prevent the illicit use of its service. According to reports by numerous FTX users, the cryptocurrency exchange advised users…

    Crypto Arabs present NFT collection and ‘Learn to Earn’ masterclasses in Dubai
    21 Aug 2022
    368 Views

    NFT project Crypto Arabs announced its NFT collection with 9,999 unique art pieces and educating masterclasses for its community members through its “Learn to Earn” initiatives. Among topics covered in the masterclasses are DeFi, staking, GameFi, blockchain/crypto for beginners, and fundraising. Arabic Cartoon show “Shaabiat Al Cartoon” has been turned into an NFT collection which…

    Gulf Crypto Insight: Hot crypto news from the MENA region – August 19
    21 Aug 2022
    431 Views

    MetaVSummit in Dubai MetaVSummit, the largest Web 3 & Metaverse event for investors and founders, will be held in Dubai, UAE, on Sep. 14-15, 2022. The event has up to 1000 delegates who could meet under one roof in The Ritz Carlton, DIFC, looking to strategically partner with the top Crypto, NFT & Metaverse companies…

    Crypto Investments Weekly – Aug. 13 – 19
    20 Aug 2022
    364 Views

    Top investment deals across the crypto sector over the last week (Aug. 13 – 19, 2022): Skynet Labs is shutting down Skynet Labs, behind decentralized internet platform Skynet, is shutting down after the company couldn’t raise more funds, according to its blog post on Aug. 12. Skynet Labs was formed as the company sought to…

    The central bank of South Africa allows banks to serve crypto clients
    20 Aug 2022
    315 Views

    The South African Reserve Bank (SARB) warned financial institutions against the “wholesale” ban on customers with digital assets. The regulator said the banks should not “avoid risk entirely” amid the booming economy in the region. The South African central bank said that south African financial institutions will now be allowed to deal with funds linked…

    Tether reveals its reserve attestation report from its new auditing firm BDO Italia
    20 Aug 2022
    390 Views

    Tether, the issuer of the largest stablecoin USDT, published its latest quarterly attestation report for the token’ reserves on August 19. The report by Tether’s new auditing firm BDO Italia confirmed a more than 57.5% decrease in Tether’s commercial paper holdings over the prior quarter. However, many still await Tether’s audit report from a “Big…