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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South Korea Sanctions North Korean Hackers for Crypto Thefts
The South Korean government announced today the imposition of sanctions on 15 individuals and one entity from North Korea involved…
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Montenegro Clears Way for Do Kwon’s Extradition, Likely to the US
Montenegro Constitutional Court has unanimously denied an appeal by Terraform Labs co-founder Do Kwon against his extradition verdict, according to…
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Turkey’s New AML Rules: Crypto Transactions Over $425 Face Stricter Oversight
In late December 2024, Turkey introduced new cryptocurrency regulations, drawing inspiration from global frameworks such as Europe’s Markets in Crypto…
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Crypto Funds Bleed $1.5B in 4 Days as BlackRock’s Bitcoin ETF Sets Record Outflow
While last week’s crypto market was painted red, the past 24 hours brought some positive movement. Bitcoin, Ethereum, and altcoins…
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Russia Embraces Bitcoin for International Payments Amid Sanctions
Russian companies have started utilizing bitcoin and other digital currencies for international payments following legislative changes that enabled such transactions…
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IRS Confirms Taxation on Crypto Staking Rewards Upon Receipt
In a recent filing on Monday, the U.S. Internal Revenue Service (IRS) reaffirmed that rewards earned from staking digital assets…
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37% of UAE Investors Set to Expand Crypto Investments in 2025
A recent survey by trading and investing platform eToro reveals that 54% of retail investors in the UAE have financial…
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Base Network Takes the Lead in Driving Blockchain Adoption
Base, Coinbase’s Layer 2 blockchain, has distinguished itself as a top performer in the blockchain ecosystem by utilizing Optimism’s OP…
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Over $2.3 Billion Stolen from Crypto Market in 2024 Attacks
Crypto hacks and fraud have resulted in losses exceeding $2.3 billion this year, underscoring ongoing security weaknesses in the sector.…
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