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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From Lavish Home to Troubled Detention: Former FTX CEO Sam Bankman-Fried’s Experience in Horrible NY Facility
Former FTX CEO Sam Bankman-Fried finds himself in his third consecutive night alongside more than 1,500 other detainees in one…
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CEO Brian Armstrong Acknowledges UX Issues with Coinbase App
Brian Armstrong, the CEO of Coinbase, has highlighted the deficiencies of the Coinbase app’s user experience due to the increased…
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Custodia Bank’s Debut: Bridging Digital Assets With US Dollar Transactions
Custodia Bank has introduced its services, long-awaited by crypto and narrow banking proponents, positioning itself as a tech-forward and customer-centric…
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Former US OCC Officials Assert Stablecoins’ Potential to Maintain Dollar’s Global Reserve Currency Status
In an op-ed piece, former US Comptroller of the Currency Brian Brooks and former chief economist of the Office of…
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Russia Launches Digital Ruble Trials in 11 Cities
Russia is making preparations to carry out trials of its central bank digital currency (CBDC), known as the digital ruble,…
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Bank of Canada’s Investigation Reveals Limited Interest in CBDC Adoption in a Cashless Society
An investigation by Bank of Canada reveals that the average Canadian shows limited interest in adopting a central bank digital…
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Bank of America Expresses Doubts on PayPal’s PYUSD Adoption
PayPal’s groundbreaking announcement of its PYUSD stablecoin, pegged to the U.S. dollar, has sparked global discussions and criticism. While the…
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FTX Founder Sam Bankman-Fried Jailed Before Trial for Witness Tampering Allegations
Sam Bankman-Fried, the 31-year-old FTX founder and former CEO, appeared in court after the U.S. Department of Justice moved to…
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Navigating the Evolution of Stablecoins: Challenges, Regulation, and the Impact of PYUSD
Stability in the cryptocurrency realm took center stage in 2022 as the stablecoin sector’s capitalization faced a notable contraction following…
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Binance Backs Curve Token with $5 Million Investment Amid Partial Funds Return by Hacker
Binance Labs, the part of the cryptocurrency exchange Binance that invests in new projects, has put $5 million into Curve…
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