The United Arab Emirates (UAE) is known as one of the countries with a relaxed crypto regulatory framework. But they are becoming more active in regulation after landing a $2.7 million fine on crypto exchange for flaunting crypto regulations. UAE…
Abu Dhabi Plans $1 billion for Blockchain and Web3 Startups
Abu Dhabi’s Venom Foundation and Iceberg Capital plan to invest $1 billion in Web3 and blockchain technology firms through a new partnership. The Venom Ventures Fund plans to invest in various decentralized applications (DApps) and protocols that focus on areas…
The UAE Health Ministry Reveals Blockchain Solution for Medical Data
The UAE’s Ministry of Health and Prevention (MOHAP) has teamed up with the Ministry of Presidential affairs as well as Dubai Healthcare City, to launch a Blockchain-based health data storage platform. According to the Emirates News Agency on Feb 2,…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
