No financial terms were disclosed of the proposed deal.

While some expect cryptocurrencies to fall even deeper before staging a sustainable recovery, others hope that the market will get healthy in the last quarter of 2022.

No Iranian cryptocurrency platforms are currently under sanctions. But US-imposed restrictions prohibit a US entity or US national from selling goods and services to Iranian residents, businesses or institutions. The ban includes financial services. Binance was founded in 2017 by a Chinese-Canadian entrepreneur but following regulations on its activities in...

Crypto betting in sports has become a booming market due to the increasing number of sports fans and their desire to wager on athletes and tournaments.

21Shares’ ETPs are already listed across 12 exchanges, including SIX Swiss Exchange, Deutsche Börse, EuroNext, BXSwiss, Wiener Börse, Quotrix etc.

Nearly a month after a South Korean court issued an arrest warrant for Do Kwon, a cryptocurrency founder, Interpol has issued a red notice for Kwon who flew from South Korea to Singapore ahead of the crash in May. South Korean prosecutors had requested Interpol place him on the red...

Adoption of metaverse technologies is part of the UAE government's strategy to diversify its economy away from oil as the country focuses on innovation and talent development.

Four days after a South Korean court issued an arrest warrant for him, the founder of the failed cryptocurrency platform Terra, Do Kwon, denied he was on the run. Nothing was known about his whereabouts after the Singapore Police Force said he was not in the city-state as was previously...

Leading cryptocurrency figures hailed on Thursday the completion of one of the biggest software upgrades the sector has ever attempted, an overhaul of the Ethereum blockchain aimed at reducing its massive energy consumption. Developers had spent years working on an energy-efficient version of Ethereum, a digital ledger that underpins tens...

Most luxurious vacations are purchased through crypto, same goes for luxury real estate and many more retail services, says Atul Hegde, NFT & digital marketing expert.

According to the data from TradingPlatforms.com, the total volume of Non-Fungible Tokens (NFTs) exchanged recently surpassed 20 million ether (ETH) - a cryptocurrency - in Q2 2022. That volume translates to a total value of US$65 billion.

Even as the interest in crypto remains more or less steady, and investors are still keen to buy in, it’s crucial that anyone looking to invest their hard-earned capital into crypto - particularly retail and first timers - exercise caution and look for a handful things before plunging into the...

France's central bank said Tuesday it will push ahead with the second phase of its experiment with a digital euro with the aim of rolling out the cryptocurrency next year. Last year, the Banque de France successfully completed the first stage of its experiment with a central bank digital currency. "We'd...

Instagram accounts for 32% of all fraud cases on social media, followed by Facebook and WhatsApp as scammers find it easy to lure and scam unsuspecting victims on social media sites. Commenting on the data, TradingPlatform.com's Edith read said this. "The most vulnerable sites for scamming are meta-owned. This raises...

There will be some volatility in the sector for a long time to come because it is an early-stage market, says Valerie Hawley, Affiliate Founding Partner at True Global Ventures 4 Plus.

The rise of digital payments also increases the chances of payment frauds in the region, Damon Madden, Head of Business Development - Fraud at ACI Worldwide, tells TRENDS.

The metaverse version -- where players largely do the same thing but can earn cryptocurrency rewards and buy extra kit for their avatars -- has only opened to the public for special events.

The UAE, Japan and Singapore have emerged as the trendsetters in regulating the crypto-currency market effectively, according to a top European academic.

A slew of celebrity endorsements helped inflate a multi-billion dollar bubble around digital tokens over the past year, but cryptocurrencies are crashing and some fear NFTs could be next.

The lightning uptake of crypto assets like bitcoin had swelled a volatile sector to a valuation of roughly two trillion dollars recently. A week-long rout has wiped away tens of billions of dollars from that value and spread panic throughout the market.  Bitcoin blues Bitcoin is the premier cryptocurrency and...

World stock markets mostly sank Monday on stubborn fears over the impact of rising US interest rates, surging inflation and China's Covid lockdowns. Stock markets had dived last week after the Federal Reserve ramped up interest rates by a half-percentage point and flagged more hikes to tackle decades-high inflation.

The economic opportunities and jobs created by the Metaverse will revolutionize how we work, socialize, play, and earn, says Sebastien Borget, COO and cofounder of The Sandbox.

Online payments giant Stripe on Friday said it will start letting Twitter stars get paid in a dollar-pegged form of cryptocurrency in the latest endorsement of digital money.

The hack, which last month targeted players of the popular game Axie Infinity, was one of the biggest to hit the crypto world, raising huge questions about security in an industry that only recently burst into the mainstream thanks to celebrity promotions and promises of untold wealth.

Abu Dhabi has allowed Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, to operate as a broker-dealer in virtual assets in the emirate. Abu Dhabi Global Market (ADGM) introduced the world’s first comprehensive and robust virtual asset regulatory framework in 2018.

The crypto-creation center would be located in west Texas and equipped with Tesla solar panels and batteries.

Facebook's parent company Meta is exploring the potential of digital money referred to internally as "Zuck Bucks" in a play on the founder's name, the Financial Times reported Wednesday. "We continuously consider new product innovations for people, businesses, and creators," a Meta spokesperson said in response to an AFP inquiry.

BitOasis, a UAE-based Virtual Asset Service Provider (VASP), said on Wednesday it has received provisional approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to continue its business operations in Dubai. In the meantime, the company said it will undertake the process of applying for a license in accordance with the...

Sky Mavis, maker of battle and trading game Axie Infinity, discovered the security breach on Tuesday, March 23, after a user was unable to withdraw the cryptocurrency ether, according to the company.

A school in Dubai has said it will be the first school in the Middle East to let parents pay tuition fees using cryptocurrency. Citizens School, which is set to open doors in September 2022, said it will accept payments from the two major cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH),...

European stocks, which had been firmly higher earlier in the session, ended the day with only modest gains

In the middle of a bazaar in western Afghanistan, Arezo Akrimi takes out her smartphone and, after a few taps of the screen, changes some cryptocurrency for a bundle of hard cash. Arezo, 19, is one of a hundred students in Herat receiving around $200 a month in cryptocurrency since...

The ads were for schemes apparently hailed by prominent figures.

Cryptocurrency exchange platform Binance, one of the world's largest, said Tuesday it had been granted an operating license in Bahrain, its first in the Gulf. The Emirate this month also announced the adoption of a virtual assets law and the creation of a crypto asset regulatory authority.

Mexican cartels are estimated to have used bitcoin to launder $25 billion a year in Mexico alone, according to a UN-linked body.

Having evacuated part of his team from Kyiv, Mike Chobanian, boss of cryptocurrency exchange Kuna, is watching the effects of Russia's invasion on his flourishing industry with a weary eye.

The first-ever such case came as the Securities and Exchange Commission (SEC) looks to establish regulatory authority over digital currency services.

India will have its own digital currency starting 2022-23, Finance Minister Nirmala Sitharaman said while announcing the country’s budget for the upcoming financial year that begins April 1. The Central Bank Digital Currency (CBDC) would be issued by the Reserve Bank of India, the country’s central bank.

The design of the bloack diamond Enigma is based on the Middle Eastern emblem of the palm — also known as “khamsa,” “hamsa,” or "the five".

In 2021, Triple-A estimated global crypto ownership rates at an average of 3.9 percent, with over 300 million cryptocurrency-owners and users worldwide. Over 18,000 businesses are already accepting cryptocurrency payments.

Sultan Al Ghozali, a computer science student at a university, has taken a picture of himself sitting in front of his computer almost every day for the last five years.

Block is building a system to mine bitcoin.

Payment landscape in Gulf countries is headed for a significant change, Ralf Wintergerst, Group CEO of G+D tells the TRENDS. "CBDC solves several challenges of today’s payment and crypto-currency world. There’s a multitude of payment options, be it cash or digital, as well as the emergence of new forms of...

The regulatory approval, the first in the Middle East and North Africa region, may push Binance to set up its headquarters in Manama

The World Trade Center will deliver and oversee a new world-class regulatory framework of Virtual Asset legislative and enforcement policies.

Non-fungible tokens are digital items whose certificates of authenticity and ownership are registered on blockchains, the technology behind cryptocurrencies.

An NFT by digital artist Beeple was auctioned at Christie's in March for $69.3 million in March this year.

The 64-year-old Italian, who now chairs SIGA, said organised crime was highly interested in sport because it was “a very profitable field” for them.

Ralf Wintergerst, Group CEO of 170-year-old German firm Giesecke+Devrient (G+D), said physical currency is a resilient form of payment and it is here to stay alongside digital currency.

The Central Bank of Kuwait (CBK) and Capital Market Authority (CMA) have launched a campaign to educate people about virtual assets (crypto currencies and coins).