Dubai-based technology company ColossalBit, focusing on non-fungible tokens (NFTs), has purchased the NFT of the ST DuPont pen used by football legend Diego Maradona to sign a contract with Napoli in 1984. ColossalBit, a Dubai-based consulting, design, and development company specializing in blockchain, cryptocurrencies, DeFi, and NFTs, made the winning bid for the S.T. DuPont…
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:…
David Marcus, the head of Facebook parent company Meta’s cryptocurrency efforts, said Tuesday that he will be parting company with the social media giant. Experts suggest that Marcus’s departure comes after delays of the Diem project amid scrutiny from regulators. Marcus announced the decision via a Monday tweet but hinted that it might be something…
A few days after Jack Dorsey’s resignation as Twitter CEO, payments giant Square announced changing its name to Block Inc., the company said in a statement. Jack Dorsey’s Bitcoin funding initiative Square Crypto has rebranded to Spiral and is aimed to focus on “making Bitcoin the planet’s preferred currency.” The corporate rebrand, announced in a…
Will Bitcoin kill the US dollar? Will money become tokenized? How do we use cash? Jeff Wilser and Helene Braun of CoinDesk have collected the predictions of prominent crypto investors, experts, and influencers, including Sam Bankman-Fried, Beryl Li, Dovey Wan, Haseeb Qureshi, Hasu, Balaji Srinivasan, Jeff Dorman, Brett Scott, Laura Shin, and others. This article…
The CEO and founder of Binance, Changpeng “CZ” Zhao, recently revealed he bought his first home last month in Dubai, a city he describes as “very pro-crypto.” He also confirmed that Binance has decided on a location for its global headquarters. New property in Dubai may have hinted where Binance’s headquarters will be located. Zhao…