Blockchain

The Sandbox developers acquire technology development firm Cualit to support infrastructure

“The Sandbox – which is a leading decentralised virtual world that houses the metaverse-based headquarters of…

Dubai’s Metaverse Strategy to help 42,000 jobs become virtual, adds $4 billion to its economy by 2030

The Dubai Metaverse Strategy, which was announced by the Dubai Ruler Sheikh Mohammed bin Rashid Al…

Binance will launch its first-ever NFT collection at Dubai’s Museum of the Future

Dubai’s Museum of the Future is to launch its first non-fungible token (NFT) collection —…

UAE’s first Metaverse wedding happening this week

Florian Unghetti and Liz Nunez are creating history by being the first couple in the…

Coinbase pulls back on hiring due to crypto market turbulence

Coinbase, the third-largest crypto exchange by volume, has changed its tune on hiring amid a market downturn.…

Bitcoin cannot be seen as a future payments method, says FTX CEO

Bitcoin’s proof-of-work methodology for validating blockchain transactions, according to FTX founder Sam Bankman-Fried, cannot handle…

TerraUSD crash cost the foundation behind it billions worth of Bitcoin

Singapore-based Luna Foundation Guard (LFG) said on Monday it spent billions of dollars’ worth of…

Cryptocurrency token loses 99% of value sending another “stable” coin downhill

The Terra Luna token fell from a high of $118 (£96), last month, to $0.09…

Bitcoin price crashes to 2022 low amid crypto market collapse

Bitcoin fell below the $27,000 level as the sell-off in the cryptocurrency world continues.  The…

ADGM announces program to support decentralized finance

The Abu Dhabi Global Market opened its fifth Regulatory Laboratory (RegLab) sandbox programme and has invited FinTech…