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0 CommentsNFT project Crypto Arabs announced its NFT collection with 9,999 unique art pieces and educating masterclasses for its community members through its “Learn to Earn” initiatives. Among topics covered in the masterclasses are DeFi, staking, GameFi, blockchain/crypto for beginners, and fundraising. Arabic Cartoon show “Shaabiat Al Cartoon” has been turned into an NFT collection which…
MetaVSummit in Dubai MetaVSummit, the largest Web 3 & Metaverse event for investors and founders, will be held in Dubai, UAE, on Sep. 14-15, 2022. The event has up to 1000 delegates who could meet under one roof in The Ritz Carlton, DIFC, looking to strategically partner with the top Crypto, NFT & Metaverse companies…
Top investment deals across the crypto sector over the last week (Aug. 13 – 19, 2022): Skynet Labs is shutting down Skynet Labs, behind decentralized internet platform Skynet, is shutting down after the company couldn’t raise more funds, according to its blog post on Aug. 12. Skynet Labs was formed as the company sought to…
The South African Reserve Bank (SARB) warned financial institutions against the “wholesale” ban on customers with digital assets. The regulator said the banks should not “avoid risk entirely” amid the booming economy in the region. The South African central bank said that south African financial institutions will now be allowed to deal with funds linked…
Tether, the issuer of the largest stablecoin USDT, published its latest quarterly attestation report for the token’ reserves on August 19. The report by Tether’s new auditing firm BDO Italia confirmed a more than 57.5% decrease in Tether’s commercial paper holdings over the prior quarter. However, many still await Tether’s audit report from a “Big…
Huobi’s HUSD became the latest stablecoin to de-peg from the US dollar. The HUSD stablecoin, associated with the Huobi Global crypto exchange, has fallen to $0.89, an 11% drop from its planned $1 peg, according to CoinMarketCap. It seems that troubles for stablecoins are yet to be over, despite the crypto market returns on the…
