The New York Stock Exchange (NYSE) has applied to register the term “NYSE” for an NFT marketplace, getting closer to setting up an online trading place for cryptocurrencies and NFTs. The move comes after the NYSE minted six NFTs last year, commemorating the debut of hot tech stocks on the exchange. Last year, the hype…
JPMorgan, the largest US lender, had become the first bank to arrive in the metaverse, having opened the Onyx lounge in a blockchain-based virtual world Decentraland. According to a report, the bank sees “limitless” opportunities in the virtual world, with a new workforce and expanded virtual real-estate ownership financed by DAOs. JPMorgan Chase has opened…
The 2022 Winter Olympics were supposed to be a sort of coming-out party for the digital yuan, China’s CBDC. The People’s Bank of China, China’s central bank, has been trialing the digital yuan in several areas for years now and has started allowing foreigners to use the digital currency for the first time during the…
The company driving Abu Dhabi’s fast-growing gaming industry, AD Gaming, has signed a partnership agreement with Attarius Network, a local crypto and blockchain company. The first in the region deal aims to bring blockchain solutions to the emirate’s game developers. According to a statement, Attarius Network, focused on developing blockchain gaming, will build an all-in-one…
While the Iranian central bank announced its intention to launch a CBDC, exact details are still scarce, writes Wahid Pessarlay on Cointelegraph. As payment methods continue to evolve, new innovations are improving financial infrastructures that have been in use for years. Currently, central bank digital currencies (CBDCs) are a topic that has grabbed the attention…
According to the Chainalysis report, crypto-based crime hit an all-time high in 2021, with illicit addresses receiving $14 billion over the year, up from $7.8 billion in 2020. Janey Young, the head of Global Investigations at Chainalysis, explained how blockchain analytics can help combat cryptocurrency crime in the UAE. The last 12 months have been…