Abdulkarim Abdulwahab
Dubai Mandates Licensing for Crypto Firms in New Regulatory Rule
Dubai regulatory body issues rules for crypto firms covering exchange services and advertising. The penalty for non-compliance is a fine between $5,400 and $54,451.32. The…
Crypto Bank SEBA Hires Ex-JPMorgan Banker as Asia Pacific Head
A former JPMorgan banker will be heading SEBA Bank’s Asia Pacific market. The new CEO said SEBA is processing licenses in Singapore and Hong Kong.…
North Korean Criminals Steal Over $1B Crypto in 2022: UN Report
North Korean crypto crime rate reached an all-time high in 2022. A cybersecurity firm said North Korean criminals moved over $1B worth of crypto. Ransomware…
DEXs Only Share 1% of Market Open Interest Orders, Argues Analyst
CoinGecko data illustrates that DEXs make up only 1% of the market Open Interest. Binance’s 24-hour OI orders were over $8.6 billion, while dYdX had…
SHIB Close to Breaking into Top 10 After Outranking DOT, LTC
SHIB surpasses Polkadot and Litecoin to claim 12th position among prominent coins. The meme coin’s market cap is now over $8 billion, up from $4…
Only Nigeria in Africa Ranks Among the Top 15 World Crypto Hubs
Recap ranked London with the greatest crypto-readiness to attract firms and startups. The indicators include crypto-related jobs, BTC ATM count, and crypto ownership. Only one…
Huobi Exchange Lists FTX Users’ Debt Token ‘FUD’ on Spot Trading
Huobi Global has listed the FUD token on its spot trading. One FUD is equivalent to $1, and the initial issuance and liquidity are 20…
Defunct Crypto DEX Etherdelta Still Holds $42M in Customer Assets
Coinbase director updated the community about a DEX that crashed with people’s assets. Etherdelta still holds $42 million in customers' assets. In 2018, SEC charged…
Meme Coin FLOKI Cuts Transaction Tax After Burning 5 Trillion Tokens
Floki team reduced its tax transaction on the ecosystem to 0.3%. The aim is to accelerate the meme coin’s adoption by lowering the entry barrier…
Binance Gives WazirX Deadline To Withdraw Users’ Funds from Its Service
Binance has terminated its business relationship with WazirX. WazirX refused to retract its past false public statements against Binance. Preciously, Indian law enforcement agencies raided…
