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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Brazil Unveils Drex, the Official Brand for its Central Bank Digital Currency
The official name for the Brazilian central bank digital currency (CBDC), previously known as the “digital real,” has been unveiled…
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The UAE Introduces Carbon Credit System Powered by Blockchain Technology
Mariam bint Mohammed Almheiri, the Minister of Climate Change and Environment, observed the formal signing of a Memorandum of Understanding…
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Wave of Fake PYUSD Tokens Follows PayPal’s Stablecoin Debut
PayPal has finally unveiled its new stable coin, PYUSD. However, individuals looking to exploit the new announcement have swiftly emerged,…
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PayPal Launches PayPal USD: A Game-Changer in Web3 Payment Landscape
PayPal has unveiled PayPal USD (PYUSD), a stablecoin backed by 100% U.S. dollar deposits, short-term U.S. Treasuries, and similar cash…
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Tether’s Bold Step into Bitcoin Mining and Lawsuit Dismissal, A Double Win for the Ecosystem
Tether developers are preparing to launch groundbreaking JavaScript libraries designed to streamline the transmission of commands and signals to the…
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Sultanate of Oman’s CMA Unveils Virtual Assets Regulatory Framework Consultation Paper
The Capital Market Authority (CMA) in the Sultanate of Oman, responsible for regulating and developing the country’s financial markets in…
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Huobi’s Total Value Locked Plummets to $2.5B Amidst Insolvency Allegations and Chinese Investigations
Crypto exchange Huobi experienced significant outflows totaling $64 million between August 5 and 6. These outflows occurred amidst persistent rumors…
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Digital Banking App Revolut Bids Farewell to US Crypto Market Amid Regulatory Challenges
Revolut, the digital banking app, is set to discontinue its cryptocurrency trading services in the United States, reflecting the escalating…
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Coinbase CEO Affirms Commitment to Staying in the US Amid Regulatory Uncertainty
Brian Armstrong, Coinbase CEO, has reportedly expressed mixed views on the cryptocurrency exchange’s plans amid regulatory uncertainty in the United…
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Revolut Halts U.S. Crypto Platform Amid Regulatory Uncertainty
Revolut, the digital bank, has announced the closure of its U.S. crypto platform due to the uncertain regulatory environment in…
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