As the Middle East becomes a global hub in blockchain adoption, the head of the BSV Blockchain Association, Jimmy Nguyen, has presented the features of the BSV enterprise blockchain at the University of Dubai. The Association has also funded research development projects with the local universities, where students use blockchain technology. Lately, the Middle East…
Last year, Cuba became only the second country in the world (after El Salvador) to allow the use of cryptocurrency as legal tender. And going one step further, it legalized all virtual assets at once. Eight months have passed since then, so let’s see where the project is now. Since September 15, 2021, Cubans could…
Following the latest decline in the crypto market, Morgan Stanley warns investors in other digital assets about the risks of a fall. However, experts suggest that the fortunes of NFTs now depend on around “blue-chip” NFT collections, like CryptoPunks and Yuga Labs’ Otherside. According to last week’s report, the steep declines of Bitcoin, Ether, and…
Dhahab Sports Management, a sports agency headquartered in Rio de Janeiro and Abu Dhabi, UAE and focused on career management of high-performance soccer talents, announced an IDO to distribute its fan tokens Dhahab Sports (DHS). The project also appointed Marcus Assunção, a former professional soccer player, as the brand ambassador and has plans to issue…
Ali Alobaid, the managing director of trading platform BitOasis in Saudi Arabia, expects cryptocurrency use in the MENA region to grow fast over the next few years. He said the value of virtual asset transactions in the Kingdom was worth around $20 billion, with over 800,000 Saudis using digital currencies last year. This year, Ali…
Robinhood Markets shares surged more than 30% after crypto billionaire Sam Bankman-Fried disclosed a 7.6% stake in the online brokerage. Bankman-Fried is the founder and CEO of cryptocurrency exchange FTX. On Thursday, Bankman-Fried acquired about 56.3 million shares in Robinhood Markets through his investment firm, Emergent Fidelity Technologies, according to a regulatory filing with the…
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