Voyager Digital suspends crypto trading, deposits and withdrawals
    04 Jul 2022
    1,556 Views

    Digital asset brokerage Voyager Digital said Friday that it is pausing all customer trading, deposits, and withdrawals. The crypto company claimed it had been affected by the liquidation of Three Arrows Capital. Voyager Digital is suspending trading, deposits, and withdrawals in the latest sign of the deepening crisis in the crypto markets. Voyager said the…

    Crypto Trends Weekly June 25 – July 1
    04 Jul 2022
    345 Views

    Breaking crypto news from the last week (June 25 – July 1, 2022): June 25: Months after getting exploited in one of the largest crypto-related hacks, the team behind Ronin announced the restart. Axie Infinity’s Ronin sidechain is expected to be relaunched next week after the $625 million exploit, ‘with all user funds returned.’ June…

    UAE is trendsetting in crypto regulation, EU academic says
    04 Jul 2022
    1,816 Views

    The UAE, Japan, and Singapore have emerged as the trendsetters in regulating the crypto market effectively, top European academic Guy Burton said, citing The Dubai Financial Services Authority explicitly included a crypto regulatory framework in its 2021 business plan. Guy Burton, an Adjunct Professor at the Brussels School of Governance, where he teaches politics and…

    Cardano to launch its own algorithmic stablecoin Djed soon
    03 Jul 2022
    1,582 Views

    Djed, Cardano’s algorithmic stablecoin, developed in collaboration with the COTI network, might launch shortly after the Vasil Hard Fork mainnet launch, its team revealed. The tentative date of the launch could be in the last week of July. “We are also waiting for Cardano’s Vasil Hard Fork to take place. The Vasil Hard Fork will…

    Abu Dhabi aims to get more female participants in Web3
    03 Jul 2022
    1,428 Views

    Two Saudi agencies – Access Abu Dhabi and the Abu Dhabi Investment Office (ADIO) – and Web3 identity and NFT domain name service provider Unstoppable Domains signed a partnership to give away free crypto domains to female residents in Abu Dhabi, aiming to incentivize them to participate in Web3. Abu Dhabi is looking to attract…

    NFT trading volume in USD fell by 70% in June, but the sales pace remains steady
    02 Jul 2022
    356 Views

    In the past month, the total volume of NFT trades has fallen by 55% in terms of ETH, or about a 70% decrease when valued in USD. However, the number of weekly active NFT sales hasn’t changed much. The state of the NFT market isn’t all bad amid the bear market. According to Nansen data,…