News
Stay updated with the latest blockchain and cryptocurrency news, trends, and insights from MENA and globally. Explore breaking stories, in-depth analysis, and industry updates on UNLOCK Blockchain.
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Crypto Startup Funding Surges to $2.4 Billion in Q1 2024
The resilience and growing attraction of the cryptocurrency market have been underscored by a surge in funding for crypto startups,…
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Adaverse Invests in Sorbet: Pioneering Web3 and Freelance Innovation in Saudi Arabia
Adaverse, Saudi Arabia’s premier Web3 and blockchain fund, has made headlines with a strategic investment in Sorbet, an innovative Web3…
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Venezuela Enforces Ban on Crypto Mining Amid Energy Crisis
According to local news outlet AlbertoNews, Venezuela’s Ministry of Electric Power intends to disconnect cryptocurrency mining companies from the national…
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Genesis Global to Return $3 Billion to Customers in Bankruptcy Liquidation
On Friday, Crypto lender Genesis Global received court approval to refund approximately $3 billion in cash and cryptocurrency to its…
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Nigerian Court Rules Binance Executive can Stand Trial in Tax Evasion Case
On Friday, a Nigerian court decided that Tigran Gambaryan, a Binance executive, could stand trial for the cryptocurrency exchange in…
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Bank of America Upgrades Coinbase Rating from Underperform to Neutral
Bank of America has revised its rating on Coinbase from underperform to neutral, with a raised price target of $217,…
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Hong Kong Expands Cross-Border Digital Yuan Pilot to Include Hong Kong Residents
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBOC) have expanded their cross-border digital yuan pilot,…
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Turkey Introduces Bill to Regulate Crypto Assets Amid FATF Review
Turkey has introduced a legislative proposal aimed at mitigating the risks associated with transacting with crypto assets within the country.…
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Venom Foundation in ADGM Ceases Operations Amidst Confusion Over New Announcements
Recent developments involving the Venom Foundation have created confusion within the blockchain community. The Abu Dhabi Global Market (ADGM) Registration…
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Presidential Veto Looms as U.S. Congress Battles Over SEC’s Cryptocurrency Custody Rule
The U.S. Congress and the White House are embroiled in a contentious battle over the Securities and Exchange Commission’s (SEC)…
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