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 Spent Nearly $40M on Unjustifiable Luxury Expenses in 9 months, Court Reveals
It appears that FTX spent a large sum of money on lavish hotels, flights, and food in the months leading…
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NFT Marketplace Magic Eden Swamped with Fake Art and NFT Developer Charged in International Fraud Scheme
Even though the value of nonfungible tokens has decreased, some people are still tricking NFT enthusiasts into purchasing fake digital…
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Founders of Three Arrows Capital Served with Subpoenas via Twitter
On January 5th, Zhu Su and Kyle Davies, the founders of Three Arrows Capital, were served with subpoenas on Twitter…
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Genesis Trading Trims Workforce by 30% in New Layoff Round
Genesis Trading has reportedly cut its workforce by 30% in a second round of layoffs in less than six months,…
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Wash Trading Threatens the Integrity of the Cryptocurrency Market, Mark Cuban Warns
Billionaire investor and Dallas Mavericks owner Mark Cuban predicts that the next major crisis in the Cryptocurrency industry will be…
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Hong Kong Official Considers Issuing Stablecoin Version of CBDC with DeFi Capabilities
Hong Kong officials are considering issuing a stablecoin version of the Hong Kong Digital Dollar (e-HKD) as a central bank…
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U.S. Government Seizes $460 Million Worth of Robinhood Shares Potentially Connected to FTX
The U.S. Federal government has announced in a virtual court hearing in Delaware that it has seized or is in…
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