UAE’s proactive regulations fuel real-world asset tokenization boom
01 Mar 2025
149 Views

Real-world asset (RWA) tokenization is gaining momentum in the United Arab Emirates (UAE) as industry players position themselves to meet increasing demand for blockchain-based asset trading. RWA tokenization involves minting financial and other tangible assets into blockchain-based tokens, increasing accessibility and liquidity for traditionally illiquid assets. On Feb. 3, onchain RWAs rose to a cumulative all-time high of…

Pakistan considers ‘National Crypto Council’ to adopt digital currencies
28 Feb 2025
78 Views

The Finance Ministry of Pakistan is considering forming a “National Crypto Council” to explore the legalization of cryptocurrencies in the country, according to a report from local publication Dawn. The change in position came after Finance Minister Muhammad Aurangzeb had a meeting on digital assets with a foreign delegation that included US President Donald Trump’s advisers. According…

All-in-one crypto wallet simplifies BNB buying, staking and crosschain management
26 Feb 2025
91 Views

Trust Wallet simplifies the process of buying, staking and managing BNB and other digital assets across over 100 blockchains, offering an all-in-one solution for Web3 participation. Many point to the introduction of BNB Smart Chain — a layer-1 blockchain network originally launched by Binance — as a turning point that broadened decentralized finance (DeFi) and turned the…

Dubai recognizes USDC, EURC as first stablecoins under token regime
25 Feb 2025
135 Views

The Dubai Financial Services Authority (DFSA) has officially approved Circle’s stablecoins USD Coin and EURC (EURC) as recognized tokens under the authority’s crypto regime — the first stablecoins approved under the regime. Due to this new status, companies in the Dubai International Financial Centre (DIFC) can now integrate the two stablecoins into a range of digital…

Bybit exploit exposes security flaws in centralized crypto exchanges
23 Feb 2025
117 Views

Cryptocurrency exchange Bybit has suffered the largest hack in crypto history, losing more than $1.4 billion in liquid-staked Ether (stETH), Mantle Staked ETH (mETH) and other ERC-20 tokens. The attack highlights that even centralized exchanges with strong security measures remain vulnerable to sophisticated cyberattacks, analysts say. Blockchain security analysts, including Arkham Intelligence and onchain sleuth ZachXBT,…

‘Biggest crypto hack in history’: Bybit exploit is latest security blow to industry
22 Feb 2025
108 Views

Cryptocurrency exchange Bybit was exploited for more than $1.4 billion on Feb. 21, making it the single largest hack in the industry’s 15-year history. In value terms, the single attack represented more than 60% of all crypto funds that were stolen in 2024, based on Cyvers data. Hacks and scams have become commonplace in crypto, creating…