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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Huobi Korea to Distance Itself from Global Parent Company and Rebrand
According to New1, a South Korean media source, cryptocurrency exchange platform, Huobi Korea, is planning to acquire shares from its…
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Ferrari Terminates Partnership with Crypto Sponsor Ahead of 2023 Racing Season
Scuderia Ferrari, the racing team of luxury car manufacturer Ferrari, has terminated its partnerships with cryptocurrency sponsors Velas Blockchain and…
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Metropolitan Commercial Bank Ceases Crypto-Related Services
New York-based Metropolitan Commercial Bank has revealed plans to stop offering crypto-related services due to “recent developments” within the digital…
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Potential Metaverse Contribution to Saudi’s Economy Estimated at $7.6 Billion by 2030
A report published by Strategy & Middle East revealed that the metaverse could potentially contribute around $15 billion annually to the economies…
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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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Crypto Expo to Go Global in 2023
Crypto Expo, a virtual asset and Blockchain exhibition and conference, is set to take place in Dubai, Singapore, and Miami…
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