Web3 and the Metaverse bring people together amid FIFA World Cup

    Prominent brands from the crypto universe are spearheading novel collaborations and partnerships with mainstream brands and organizations to unlock an array of fully immersive and gamified experiences revolving around the largest football event of the year in Qatar. As social beings, the desire to “belong” is deeply ingrained in us. Since time immemorial, humans have…

    Gulf Crypto Insight: Hot crypto news from the MENA region – November 25

    Top crypto news from the Middle East region over the last week (Nov. 18 –24, 2022): Abu Dhabi-based crypto firm plans to acquire FTX Crypto trading firm Hayvn based in Abu Dhabi, the UAE considering a bid for collapsed FTX’s payments business FTX Pay, the company said on Friday. Hayvn executives consider FTX Pay as…

    Near Co-Founder: Crypto didn’t fail FTX; people did

    Decentralization was and still is the answer, the co-founder of Near Protocol Illia Polosukhin told CoinDesk. The spectacular $32 billion collapse of the FTX exchange and its sister trading firm Alameda Research recently once again has crypto’s detractors gloating in the headlines. In fact, FTX bears no resemblance to most of what the longtime believers…

    Cryptocurrency’s transparency lays bare the risks of decentralized finance

    As blockchain technology and cryptocurrencies become more popular, they can help overcome financial bias, strengthen financial markets and enhance law enforcement, Bas Lemmens, SVP & GM International, Chainalysis, explains in an interview with ZAWYA. In the popular mind, the blockchain and cryptocurrencies are often linked with ransomware and money laundering. But according to Bas Lemmens,…

    GameStop rolls out its NFT marketplace

    GameStop’s NFT marketplace has officially launched on layer-2 Ethereum scaling protocol Immutable X and will offer digital assets from major Web3 games. Lately, the video game stores’ business is on the downswing. But now, GameStop is becoming a major player in the NFT gaming industry, rivaling crypto-native NFT gaming platforms like Fractal, founded by Twitch’s…

    Twitter is reportedly developing its own crypto wallet

    Twitter appears to be on track to develop a cryptocurrency wallet feature, tech blogger Jane Manchun Wong says. This move could potentially turn Twitter into a full-fledged Web3 platform. Meantime, Elon Musk would reportedly be the new owner of Twitter by Oct. 28. According to popular tech blogger Jane Manchun Wong, the social media giant…