Dubai Economy signs deal with UAE licensing authorities to participate in KYC Blockchain Platform
    03 Oct 2021
    739 Views

    Dubai Economy has signed an agreement with leading licensing authorities, such as Dubai Silicon Oasis Authority, Dubai Multi-Commodities Center, and Dubai Airport Free Zone Authority, to participate in the Know Your Customer Blockchain Platform through the Unified Business Registry Platform. It will facilitate faster and more secure customer onboarding and allow sharing of verified e-KYC…

    CDBC across borders
    03 Oct 2021
    676 Views

    There are currently several countries developing state digital currencies for cross-border settlements. And chances are, they will arrive even before the typical “in-country” CDBCs. While market turbulence is throwing prices of cryptocurrencies and DeFi assets up and down, central banks of different countries move forward with creating their own central bank digital currencies (CDBCs) with…

    Europe becomes the world’s largest crypto economy with $1T due to DeFi
    02 Oct 2021
    745 Views

    According to a Chainalysis report, Central, Northern, and Western Europe (CNWE) have become the world’s biggest crypto economy. Over the last year, the region has received over $1 trillion worth of cryptocurrency, reaching 25% of all global activity. The tremendous growth that started in July 2020 pushed Europe from second to first place since last…

    Cardano partners with Chainlink to develop smart contracts and DeFi applications
    02 Oct 2021
    772 Views

    Input Output recently announced that it would leverage Chainlink’s decentralized oracles to make it easier for developers to access real-world databases, paving the way to build DeFi applications on Cardano’s blockchain. Although sentiment surrounding the partnership has been positive, the native tokens for both projects have failed to react. Input Output Hong Kong (IOHK), the…

    NFT of side-eyeing girl meme has sold for $74,000 to Dubai’s music company
    30 Sep 2021
    787 Views

    A girl, who became an internet star when a photo of her went viral, has sold the meme as a non-fungible token (NFT) for more than $74,000. Back in 2013, Chloe and her sister were filmed by their mother as she told them they were going to Disneyland. The video has been watched more than…

    A crypto-trading hamster outperformed Warren Buffett and the S&P 500
    30 Sep 2021
    557 Views

    While the world speculates on which cryptocurrencies to invest in, a hamster in Germany named “Mr. Goxx” has been trading various crypto since June and has been outperforming Warren Buffet, Bitcoin, and the S&P 500. According to Mr. Goxx’s Twitter, the hamster’s portfolio is up over 20% in that time and involves real money and…