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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Bitcoin Network Confronts Its Largest-Ever Transaction Confirmation Congestion
The Bitcoin network is going through its longest-ever period of block congestion. Data from Mempool, which tracks Bitcoin transactions, shows…
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R3 Slashes Workforce by 20% Amid Restructuring Efforts
R3, the enterprise Blockchain firm once highly regarded by major global banks, has initiated a workforce reduction, letting go of…
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Stablecoin Tether’s $420 Million Gamble on Cloud GPUs Amid Fierce Tech Industry Competition
A $40,000 computer chip has become highly sought after in the technology industry. Startups are competing to acquire Nvidia’s H100,…
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Grayscale Investments Aims High Again, Seeks SEC Approval for Ethereum Futures ETF
Grayscale Investments has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a new cryptocurrency exchange-traded fund…
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Fuze Secures $14 Million to Pave the Way for Regulated Digital Asset Infrastructure in MENA
Abu Dhabi-based Fuze, a provider of digital assets infrastructure, has announced an impressive seed round of $14 million. This investment…
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Binance US Reveals Answers to SEC Queries Amidst $250 Million Transfer Mystery, as Binance CEO Breaks Silence
According to recently disclosed court documents, Binance CEO Changpeng ‘CZ’ Zhao obtained a $250 million loan from BAM Management U.S.…
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Japanese Giant Investment Bank, Nomura, Launches Bitcoin Fund For Institutional Investors
Laser Digital Asset Management, a company affiliated with Nomura, has introduced its Bitcoin Adoption Fund. This initiative seeks to offer…
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Malta Initiates Regulatory Changes to Align with EU’s MiCA for Cryptocurrency Framework
Malta’s Financial Services Authority (MFSA) has initiated a public consultation process aimed at revising its crypto regulations to align with…
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Citibank Unveils New Blockchain Services for Institutional Client Deposits and Trades
Citibank (Citi) has announced enhancements to its services for institutional clients through the implementation of blockchain technology. The financial institution…
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Polygon Unveils Polygon 2.0 Upgrade with Three Key Proposals, What Are They?
Polygon, the Ethereum scaling project, has officially put forward its proposals for the upcoming Polygon 2.0 upgrade. Introduced in June,…
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