Dubai’s crypto regulator grants BitOasis a virtual asset license
    02 Apr 2022

    BitOasis, a Middle East-focused crypto exchange based in the UAE, has received provisional approval from Dubai’s new crypto regulator (VARA), while the UAE pushes to become a global hub for the virtual asset sector. Earlier this month, Dubai enacted its first law governing digital assets, establishing the Virtual Asset Regulatory Authority (VARA) to oversee the…

    Bybit and to open Dubai offices after the new crypto law
    02 Apr 2022

    Crypto exchange Bybit announced Monday an opening of its global headquarters in Dubai, while crypto platform said it would establish a regional hub there. These moves drive the UAE drive to become a global center for the crypto sector. “Bybit has received in-principle approval to conduct a full spectrum of virtual assets business in…

    Cryptocurrencies VS Economic Sanctions: Round One Part 1
    02 Apr 2022

    Over the past few years, I have heard about various countries across the world planning to use cryptocurrencies to circumvent economic sanctions. In most cases, it remained just an idea or turned into a farce, like with Venezuela and its Petro token. However, now we are seeing an entire country trying to salvage its economy…

    Axie Infinity’s Ronin bridge was hacked for over $625 million
    31 Mar 2022

    Ronin Network, an Ethereum-based sidechain created by Axie Infinity developer Sky Mavis to support its popular NFT-based game, was exploited by an unknown hacker and lost roughly $625 million worth of crypto on Tuesday. It may be the largest exploit in DeFi history. The Ronin Network published a blog post explaining how its network was…

    The future of crypto investing and fundraising: Day 3 of Binance Blockchain Week 2022
    31 Mar 2022

    How will blockchain change the future of investing? What trends and features awaiting retail crypto investors? What’s the right fundraising model for your project? These topics were highlighted on the closing day of Binance Blockchain Week 2022, which was held in Dubai from 28 to 30 March 2022. The annual Binance Blockchain Week involves the…

    Stablecoins and the World Post-War
    31 Mar 2022

    Stable cryptocoins pegged to fiat currencies have long been justly criticized “on both sides” – both by adherents of “traditional” crypto and devout opponents of cryptocurrencies. But the rapid changes to the economic reality have turned stablecoins into the most highly sought-after financial tool. The amount of USDT issued on the TRON network has recently…