Coinbase Ventures reveals its crypto outlook for the rest of the year
    23 Apr 2022
    409 Views

    Coinbase Ventures, the investment arm of crypto exchange Coinbase, recapped what it did in Q1 and what it sees happening in crypto over the rest of the year. One of the most active venture capital firms in the crypto market made 71 investments over the first three months of the year, with a record $12.5…

    IMF report warns of rising cryptocurrency risks and calls for regulatory action
    20 Apr 2022
    443 Views

    On Tuesday, The International Monetary Fund (IMF) issued a report on global financial stability, detailing how a spike in crypto trading could disrupt the global financial system and demanding “strengthening macroeconomic policies.” Also, the war in Ukraine is revealing the risks of crypto payment systems, the IMF said. The IMF has published the “Global Financial…

    UAE to see rapid growth in crypto activities
    19 Apr 2022
    303 Views

    The UAE will see rapid growth in crypto activities, Sandhya D’Mello predicts in Khaleej Times. Meanwhile, the Abu Dhabi Global Market (ADGM) has already 11 fully licensed and approved in-principle virtual asset players in its community. The UAE known to be at forefront of innovation and emerging technologies will witness more global players descend on…

    A clear-eyed view of DeFi for Middle East financial services executives
    17 Apr 2022
    431 Views

    For the near future, financial executives can expect substantial ambiguity surrounding all things DeFi, which they can best confront with an open mind, a level head, and a willingness to roll up their sleeves and get involved, Jorge Camarate, Antoine Khadige, and Vishal Gupta, Senior Associate, from Strategy& wrote on Arabian Business. Financial service companies…

    Expert: Regulatory clarity would provide added impetus to crypto growth
    17 Apr 2022
    919 Views

    As crypto adoption continues to rise at unprecedented levels, Stephen Stonberg, CEO of cryptocurrency exchange Bittrex Global, sees the growth of the crypto sector as ‘too big to ignore’ for traditional financial institutions. Just regulatory clarity would provide added impetus to it, he suggests. Crypto adoption continues to rise at unprecedented levels, with expanding use…

    Crypto oligopoly: Top-tier exchanges grab 96% market share

    CryptoCompare tracker data shows that top-tier crypto exchanges hit an all-time high of 96% market share this year as traders sought lower-risk venues amid broader market volatility. Crypto exchanges considered top-tier increased their market share to 96% in February from 89% in August, according to data collected by UK analytics company CryptoCompare. These 78 exchanges,…