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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Explosive Report: Binance Shifts $400M from US Affiliate to Managed Company of CEO CZ
Bank records and internal company communications reveal that giant crypto exchange Binance had undisclosed access to a bank account belonging…
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Strained Relations: Banks and Crypto Navigate Regulatory Uncertainty
Banks are cautious about engaging with digital assets due to the absence of consistent regulations in the emerging market. As…
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Binance Works with Regulators to Settle Investigations, Faces Potential Fines and Penalties
As per a recent report from the Wall Street Journal, Binance, the world’s biggest digital asset exchange, is gearing up…
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Judge Denies New FTX Investigation, Attorneys Accrue $25M in Fees with Over $2.1K per Hour
On Wednesday, a judge overseeing the bankruptcy case of FTX in the US dismissed a request by the Department of…
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Abu Dhabi Launches Hub71+ Digital Assets with $2 Billion Funding to Boost Web3 Startups
Hub71, a global technology ecosystem based in Abu Dhabi, has announced the launch of a specialized ecosystem called Hub71+ Digital…
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Report by World Government Summit Outlines Path to Governance of the Metaverse
The World Government Summit (WGS) today launched a report titled “Governing the Metaverse,” in partnership with consulting firm Arthur D.…
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Lawsuit Alleges Silvergate Bank Supported Multibillion Dollar FTX Fraud
A new class action lawsuit has accused Silvergate Bank and its CEO Alan Lane of assisting in a massive fraudulent…
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Sharjah Chamber of Commerce and Industry Holds Scientific Symposium on Metaverse
The Sharjah Chamber of Commerce and Industry (SCCI) has organized a scientific symposium on the Metaverse to educate the chamber’s…
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Oman Capital Market Authority to Develop Comprehensive Regulatory Framework for Virtual Assets
The Capital Market Authority (CMA) is planning to create a new regulatory framework for Virtual Assets (VA) and Virtual Asset…
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Binance Faces Large Withdrawals and Token Burns Following Regulatory Woes of Paxos
In the past 24 hours, investors seem to be concerned about regulatory measures against Paxos and its stablecoin Binance USD…
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