crypto

News Round-Up – June 2022 | Crypto & Digital Assets

MENA MD finds UAE as the optimum environment for global crypto activity The new MENA…

Coinbase’s Vauld suspends withdrawals amid crypto slump

As the repercussions from the downturn in digital assets continue to resonate, Vauld, a cryptocurrency…

Khaby Lame becomes the face of Binance

famous on TikTok Khaby Lame overcame Charli D’Amelio, a fellow TikToker, and set a new…

Crypto hedge fund Three Arrows Capital files for bankruptcy

According to prior reports from Bloomberg and CNBC, cryptocurrency hedge firm Three Arrows Capital (3AC)…

AED 500,000 & jail time, UAE Public Prosecution announces penalties for dealing with unlicensed digital assets

According to a video posted on the UAE Public Prosecution’s social media pages, persons and…

Dubai startup Coinmarketpedia receives $2m in pre-seed funding round

Dubai’s Coinmarketpedia, a decentralised crypto and blockchain educational platform, has raised $2 million from undisclosed…

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…

California governor places executive order regulating cryptocurrencies in the state

California Governor Gavin Newsom signed an executive order on Wednesday that lays the groundwork for bolstering and…

Bitcoin loses 50% in value compared to its peak last November

The value of Bitcoin continued to fall over the weekend as it dropped below $34,000,…