Cherry Network raises $2.9 million to launch its smart contract platform
    09 Dec 2021
    642 Views

    Dubai-based the Cherry Project has revealed it raised $2.9 million from leading VC firms to launch Cherry Network, a decentralized storage blockchain with smart contracts. The Cherry Project announced on December 4 the successful completion of its private token sale. The funding round raised a total of $2.9 million, securing investments from some of the…

    Scam-radar: What crypto scams are out there and how to avoid them
    09 Dec 2021
    2,010 Views

    One side effect of the blockchain industry’s explosive growth is an outburst of different scams, frauds, and other economic crimes “tied” to cryptocurrencies. The risk of running into shady characters in this area is now higher than in any other. It is why we decided to launch a series of articles on cryptocurrency scams and…

    BitOasis to add 12 New Tokens to its Exchange Platform
    08 Dec 2021
    420 Views

    ● New tokens that can be traded on BitOasis include Dogecoin, Uniswap, Decentraland (MANA) ● Maintains MENA market leadership with broadest  crypto  asset offering across region – approximately 20 more tokens than peers ● Move responds to sustained regional retail demand for diversified  crypto  asset investment options December 08, 2021, Dubai, UAE: BitOasis, the Middle East and North Africa…

    Indonesian Muslim cryptocurrency enthusiasts find a way around Islamic fatwa
    08 Dec 2021
    827 Views

    Trading of cryptocurrencies like Bitcoin has been declared forbidden for Muslims by the national council of Islamic scholars in Indonesia, as the popularity of digital currencies grows in the world’s largest Muslim-majority country. How Indonesian Muslim crypto enthusiasts find a way around Islamic fatwa, Erwin Renaldi and Hellena Souisa said on ABC News. Key points:…

    Bahrain’s financial sector to go digital but not crypto
    08 Dec 2021
    443 Views

    A comprehensive digital transformation of the financial sector in Bahrain includes rolling out a Digital Dinar but does not adopt the crypto sector. The head of the Central Bank of Bahrain (CBB) warned against cyber-crime and dealing with cryptocurrency, speaking during the press conference on Saturday. Plans of digital transformation of Bahrain’s financial sector include…

    Lessons from El Salvador
    08 Dec 2021
    512 Views

    A few months ago, El Salvador became the first country in the world to accept bitcoin as a legal tender. Everyone understood at the time that it would be a kind of experiment to show all the pros and cons of such a “financial revolution” in practice.  Today, we can take a look at the…