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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FTX Creditors Discontent with Bankruptcy Exit Plan
The association representing FTX customers expressed deep dissatisfaction with the exchange’s draft bankruptcy exit plan, asserting that their input was…
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Laser Digital Receives First VASP License from VARA, 6 More to be Granted in the Coming Weeks
The Virtual Asset Regulatory Authority (VARA) of Dubai has embarked on a bustling summer, preparing for a series of momentous…
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Private Equity Firms in the Middle East Embrace Web3 Technologies for Continued Relevance
The sharp decline of nearly $3 trillion in web3-related asset value, representing over 70% shrinkage, has been unsettling, to say…
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SEC Files Lawsuit Against Hex Founder Richard Heart for Alleged $1 Billion Unregistered Securities Offering
The Securities and Exchange Commission (SEC) has brought charges against Richard Heart, the founder of the cryptocurrency project Hex, on…
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IRS Ruling: Crypto Staking Rewards Subject to Taxation Upon Receipt
The United States’ top tax authority has recently issued a new directive concerning crypto investors. As per this ruling, those…
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Ethical Hacker Saves the Day: Recovers $5.4M for Curve Finance Amid Exploit, Unmasks Fake Refund Scam
An ethical hacker, known as a white hat hacker, successfully acquired approximately 2,879 Ether (ETH), equivalent to $5.4 million at…
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Massive Exploitation: Over $47M Drained from Curve Finance Pools Amid Reentrancy Vulnerability
On July 30, a significant security breach occurred on several stable pools on Curve Finance that employed Vyper, leading to…
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Binance FZE Becomes the First Virtual Asset Exchange to Secure Operational MVP License from VARA
Binance FZE, a Dubai-based subsidiary of a prominent global blockchain services provider, has made a big announcement today. In fact,…
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SEC’s Shocking Demand: Coinbase Ordered to Cease All Crypto Trading Except for Bitcoin Before Lawsuit
Cryptocurrency exchange Coinbase received a directive from the United States securities regulator in the past, instructing them to remove all…
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Crypto.com Secures Regulatory Approval in the Netherlands
Crypto.com, a prominent cryptocurrency service provider, has achieved successful secured a regulatory approval and registered as a regulated entity under…
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