Blockchain

In order to speed up the regional adoption of blockchain technology and cryptocurrencies, Abu Dhabi has established a new association with support from the emirate's financial free zone. The Middle East, Africa and Asia Crypto and Blockchain Association (MEAACBA), a non-profit group supported by Abu Dhabi Global Market, aims to bring industry participants together to discuss strategies and address the biggest challenges facing the industry, while also integrating digital assets into important economic sectors.
Abu Dhabi launches The Middle East, Africa and Asia Crypto and Blockchain Association

In order to speed up the regional adoption of blockchain technology and cryptocurrencies, Abu Dhabi…

According to research, about $2 billion has been spent on virtual land in the last 12 months as individuals and businesses compete to establish themselves in the metaverse. But it will be years before the metaverse becomes a single virtual reality environment where people may live, work, and play. Is the land grab essentially a massive gamble? The avatar created by artist Angie Taylor does not resemble the traditional land tycoon thanks to her enormous dark red mohican and perpetual cigarette. She belongs to a growing group of people, nevertheless, who are laying claim to brand-new virtual worlds.
$2bn spent on buying lands in the metaverse, research shows

According to research, about $2 billion has been spent on virtual land in the last…

The decentralized, safe, and simply accessible blockchain platform ecosystem of ZENIQ has been expanded in the United Arab Emirates, according to a statement from RAMZIQ Group, a firm located in Dubai. RAMZIQ, which in Arabic means "Your Token," emphasizes the group's objective, which is the transition to fully decentralized services.
RAMZIQ starts world-scale operations in collaboration with ZENIQ blockchain platform

The decentralized, safe, and simply accessible blockchain platform ecosystem of ZENIQ has been expanded in…

A team is being formed by Binance Holdings Ltd. to investigate how blockchain technology and cryptocurrencies might benefit the social media platform. Binance Holdings Ltd. is an equity investor in Elon Musk's acquisition for Twitter. The largest cryptocurrency exchange in the world looks to want a say in how Twitter is handled after admitting on Friday that it had contributed to Musk's takeover of the social media network.
Binance to help Musk “realize his vision” through blockchain and crypto

A team is being formed by Binance Holdings Ltd. to investigate how blockchain technology and…

Digital assets are here to stay, and their future is brighter than ever. But the world of crypto, NFT, and Metaverse is updating very rapidly, and there is a constant need to satisfy the passionate curiosity that crypto enthusiasts are known for. Although located and connected in the virtual and digital world, it is very important to bring the community together in person.
TMRW Dubai: Ready for the new world – beyond financial freedom?

Digital assets are here to stay, and their future is brighter than ever. But the…

According to those with knowledge of the situation, Blockchain.com, which has been hurt by the crypto bear market that has shaken the sector, is in discussions regarding a potential "down round" fundraising that may value the digital financial services company at less than the $14 billion mark it reached earlier this year.
Blockchain.com in talks for funding after evaluation drop from $14 bn in early 2022

According to those with knowledge of the situation, Blockchain.com, which has been hurt by the…

$704 million in cross-crypto shorts were liquidated on Oct. 25, with the Oct. 26 tally so far standing at $275 million. Including long positions, the total was over $1 billion. Discussing what the future could hold for BTC price action, some traders and analysts remained set on previous theories, arguing that the past day’s gains had literal structural impact.
Bitcoin liquidates over $1 bn as price hits six-week high

Bitcoin saw its highest levels since mid-September on Oct. 26 as BTC/USD approached the pivotal…

The phishing incident involving a third-party website will result in around $6 million in compensation from the digital asset exchange FTX to its account holders. Sam Bankman-Fried, a crypto billionaire and the CEO of FTX, stated on Twitter on Monday that the company wouldn't be "creating a practice" of rewarding users who fall victim to phishing attacks that target websites other than FTX.
Crypto Exchange FTX to provide $6m phishing compensation

The phishing incident involving a third-party website will result in around $6 million in compensation…

As part of the initial stage of duplicating Abu Dhabi in the virtual world, Yas Island has been reconstructed in the metaverse. Visitors will have virtual access to the many attractions on Yas Island thanks to the initiative, which involves the Department of Culture and Tourism - Abu Dhabi, Aldar, Miral, twofour54, Abu Dhabi Motorsports Management, Flash Entertainment, and Yas Island.
Yas Island is now available in the Metaverse

As part of the initial stage of duplicating Abu Dhabi in the virtual world, Yas…

After allowing the hacker to keep about $50 million of the assets, the community of decentralized-finance program Mango DAO on Saturday received a piece of the about $100 million stolen this week.
Hacker gets $50m in heist of DeFi’s Mango

After allowing the hacker to keep about $50 million of the assets, the community of…