Press Release

Bitcoin’s Correction Amid Profit-Taking Signals Bull Cycle Continuation: Insights from CryptoQuant

Bitcoin experiences a 15% correction after reaching an all-time high of $73,700, driven by profit-taking from miners, whales, and large investors. CryptoQuant analysts...

Heco Bridge Hacker Transfers $137 Million in Stolen ETH to Tornado Cash

The hacker responsible for the Heco bridge exploit transferred 40,391.8 ether to Tornado Cash, a mixing platform. Onchain analysis by Peckshield reveals the...

Terra Founder Do Kwon Released Amid Extradition Proceedings Slug: terra-founder-do-kwon-released-montenegro

Do Kwon, the co-founder of Terraform Labs, has been released from prison in Montenegro while awaiting a decision on extradition requests from...

IMF Proposes New Approach for Managing Crypto Risks

The International Monetary Fund (IMF) introduces a three-step approach, the Crypto-Risk Assessment Matrix (C-RAM), to evaluate macro-financial risks associated with cryptocurrencies within countries. Learn...

SEC Sues Former Goldman Sachs Analyst for Insider Trading

The Securities and Exchange Commission (SEC) has filed a lawsuit against a former Goldman Sachs analyst for alleged insider trading. Find out more about...

European Commission Launches €800,000 Study to Address Crypto’s Environmental Impact

The European Commission initiates an €800,000 study to tackle the environmental impact of cryptocurrencies. What are the expected implications for stock markets?

Taiwan Implements Stricter Regulations, Bans Unregistered Foreign Crypto Exchanges from Operating

Taiwan enforces new stringent regulations and prohibits unregistered foreign cryptocurrency exchanges from operating.

UAE Takes the Lead in MENA Region with Blockchain and DeFi Adoption

A Chainalysis report reveals that the UAE is leading the Middle East and North Africa in blockchain and decentralized finance (DeFi) adoption. Post Text (Maximum 200 words): A new report from Chainalysis has unveiled that the United Arab Emirates (UAE) is at the forefront of blockchain and decentralized finance (DeFi) adoption in the Middle East and North Africa (MENA) region. The report showcases the UAE's increasing embrace of blockchain applications and DeFi projects, reflecting the nation's growing commitment to these innovative technologies. Data indicates that the UAE is setting the pace in this technological race, attracting significant investments into DeFi projects and blockchain technology companies. This development solidifies the UAE's position as a leading hub for innovation in the financial and technological sectors within the region.

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