Crypto-news

Crypto firms in the UAE are being flooded with requests to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes, Reuters reported. According to sources, some clients are investing with crypto in real estate in the UAE, while others want to use local companies to turn their virtual…

Crypto tokens tied to gold, a traditional inflation hedge, continue to see solid growth amid a turbulent geopolitical backdrop as the specter of stagflation hangs over the global economy. Digital assets backed by gold have seen demand surge since the start of 2022 according to data from Arcane Research. The market cap of PAX Gold…

The last time you dived headlong into the World Wide Web, you probably did so without as much as thinking about it. It has become natural for us: we are always online, our smartphones stay connected to the web, as do the computers we work on, our smart TVs, etc. And soon, the immersion may…

Binance Holdings is in talks to obtain a license to operate in Dubai, said Bloomberg, citing a person familiar with the matter. The move comes after Dubai adopts its first law governing virtual assets. As Bloomberg reported Wednesday, the world’s largest crypto exchange Binance is in talks with the Dubai World Trade Centre free zone…

ALA Mining, a company with its own mining fields in Africa, mixes traditional gold mining and digital assets. It issues QAM Token, a crypto asset pegged to real gold. The gold is stored and audited in Dubai, so it is protected from conflicts in Europe and is owned by the company, not third-party investors. ALA…

The war that has erupted in Eastern Europe is reshaping the world financial system right before our eyes. The “tectonic” shifts we have written about on multiple occasions may come much earlier than expected, with cryptocurrencies potentially playing a massive role. The entire global system of financial transactions is being reshaped as I am writing…