Dubai-based Binghatti Developers to sell real estate for crypto
    09 Jun 2022
    439 Views

    Dubai-based Binghatti company Developers announced selling real estate for cryptocurrency, becoming the second developer in the UAE to accept digital payments this year. The company plans to protect its customers from market volatility through an especial payment process. Eng. Muhammad Binghatti, CEO of Binghatti Developers, told Khaleej Times in an interview: “We are going to…

    Investors lost over $1 billion in crypto scams last year, FTC says
    09 Jun 2022
    351 Views

    In a report released Friday, the Federal Trade Commission (FTC), the enforcer of civil US antitrust law, revealed that the investors had lost over $1 billion in crypto-related scams, which have been growing due to a lack of regulations and proper education on digital assets. Bitcoin, Tether, and Ether become the top cryptos involved in…

    $100 million Cronos Accelerator Program to help Crypto.com ecosystem developing
    08 Jun 2022
    363 Views

    Cronos, the DeFi and Web3 gaming-focused blockchain network by Crypto.com, has launched the Cronos Accelerator Program aiming to help developers and builders accelerate the ecosystem’s growth. The Cronos Accelerator Program is funded by the $100 million Cronos Labs Ecosystem Fund to provide investments and guidance to early-stage blockchain projects. The Cronos Accelerator Program is funded…

    SEC launches investigation against Binance’s BNB token
    08 Jun 2022
    413 Views

    The US Securities and Exchange Commission (SEC) is reportedly investigating whether Binance’s BNB token was a security during its sale in 2017. In recent months, Binance has faced scrutiny from a variety of US regulators. As Bloomberg reported on Monday, the SEC has launched a probe into the BNB token. The US securities regulator is…

    Institutional investors keep ‘buying the dip’ totaling $126 million in Bitcoin inflows
    07 Jun 2022
    356 Views

    According to Coinshares, about $506 million has been invested in exchange-traded Bitcoin funds since the start of the year, with $126 million of it flowing into ETPs last week. Contrary, Ethereum-based funds saw outflows for a ninth straight week. Bitcoin investment products saw cumulative inflows totaling $126 million over the last week, according to the…

    Pallapay offers crypto POS machines to accept crypto payments in the UAE
    07 Jun 2022
    401 Views

    Pallapay, a global company that offers crypto exchange services, announced the launch of its Crypto POS Machine service in Dubai, which allows its clients to accept crypto payments without owning crypto. Pallapay’s clients now can accept payments in Bitcoin, Tether, USDC, Tron, and Palla Token directly into their fiat bank accounts in AED, USD, Euro,…